BP community,I am currently working on a deal which the owner is a lot more interested in keeping the property (instead of selling as-is), and JV with me to rehab it and then split the profits after sale. A realistic...
I often hear that it's important to keep your properties heavily mortgaged to keep the equity down, so that you don't look "juicy" for a lawsuit. (assuming there's a reason for being sued in the first place) I cannot...
The senate passed a small business bill 61 to 37 on September 14th that will greatly help re-invigorate SBA lending. If this bill becomes law, the following items will be of significant benefit to borrowers.
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Hi everyone, I’m a rookie here from Northwest Florida, and I’m not sure if this is the right forum for my post, so please let me know if I should move it elsewhere. Here’s a quick summary: I’m retired but finding myse...
Hello!I am thinking about investing in Real Estate a LOT and I am studying the business by listening to all of the podcasts, reading all of the books out there, analyzing at least one deal a day by trying to figure ou...
Hi All,I have just find out that my offer is accepted for a multi family home. This triplex home is fully occupied with tenants. The leases are month to month and 2 of the tenants seems to be long term tenants (10 yea...
I talked to a very motivated seller. She bought the house for 75,000 in 2005. She still owes 68,000 on it. She lives out of town and has had bad luck with renters. Any ideas on what kind of deal I would be able to str...
I am new to the REI industry but I have educated myself with as much as I can possibly to at least get me to my first deal. Me and my partner have a few properties that we are in the negotiation phase with. We don’...
Hello BP Community, I'm considering entering into a master lease deal for a property that needs renovations in several units. I'm willing to manage all of the renovations. However, I'm a bit unsure as to how to struct...
I'm sorry if this is in the wrong forum, but I'm brand new here!I'm trying to figure out a fair way to split deals with my son. I'm a brand new RE investor (haven't even done my first deal yet!), and planning on partn...