Hi everybody,Can anyone give me a brief overview of a Letter of Intent? How do you fill it out, and what exactly does it do?Also, does anyone know where you can find a template LOI?    Thanks,                  Mike

Hello Everybody, I am relatively new to the REI world and wanted to know what most of you have been using/doing to finance your deals. I know there are a lot of options but I want to figure out which ones work best in...

Hello BP

I have a question about the 50 Percent rule. I was wondering how to justify more expenses just because there is more rent. For example lets say I have a property that rents for $500 and according to...

So,

I've been working on coming up with an LLC name. The first choice was to use my first and last initials. I wrote them out and came back with:
BK Properties LLC

Really? BK, come on :(.

Maybe with my middle ini...

My wife and I are interested in opening a child care center in Portland, Oregon, and I am doing preliminary research on what it will look like to enter into a commercial lease arrangement on a space that's, say, 2500 ...

Looking for some constructive investment community discourse as I've had a few clients reach out recently about settling transactions in 'alternative' currencies or trading for real property. This is not intended to b...

Hi everyone, newbie here.  So I'm working on a commercial multifamily building in a really hot market in SE Wisconsin right now.  It needs work in order to fetch full market rent, and I'm wrapping it for a great price...

I was given a 1st and 2nd position mortgage by 2 "private lenders" who were individuals on my owner occupied property.They did no credit check or income check and just gave me the money to buy an owner occupied proper...

When determining the value of a 3-4 unit property, which is more useful- the Gross Rent Multiplier or the Capitalization Rate? What do you guys prefer? Why? I'm looking at listings to practice "running the numbers" ah...

So I know cars have Kelley blue book to look up values, what about houses? Where can I get accurate values or something close? I'm tired of zillow and their zestimates off 50-60K on house values. Where do the pros and...