Dale T.
How does the Bank Value the Note amount?
Hi all, If I were to buy a note directly from the bank, Then how do I figure what to offer. Does the bank do a BPO? Or are they taking the value from the amount owed on the note. If the Value of the House is not near ...
Angela Yan
Got the EIDL money. How are RE investors using it as “operating”
Hi guys!I was lucky enough to get that EIDL money but the loan docs are a bit sensitive. I am wondering what are some of the tricks RE investors are handling their money so they are creative enough to abide by the ru...
Mike Knab
Corporate Tree Work Liability Concerns and Overall Budget
I work for a large tree company that works on a National Scale in the Corporate realm.
The question I have is this:
I am finding that many investment companies are willing to accept a large amount of liability w...
George Bittar
ARV Not Working out on Flip...Flop is now in motion
Hey BP PROs!So here is my situation and welcome any input and suggestions. I have a condo that was a very quick rehab (mostly cosmetic in nature). One of the key features is that this unit had a garage. This makes it ...
JJ Cole
Aluminum Wiring and Commercial Policy don't mix?
I am trying to consolidate insurance -- instead of 14 separate DP3 replacement cost policies for individual homes, I am looking for a commercial policy. Primary reasons being higher water damage coverage and vacancy ...
Charley F.
Security Deposit: Tenant Moving
Greetings all. My first tenant have move out and I have assessed the condition of the property. Now it has come the moment where I have to place a value that will be removed from the Security Deposit.
Overall the pro...
Breanna H.
Owners Financing gone wrong
Good evening! Let me just jump right in on this. Recently my partner and I got involved in our first owners financing deal. The numbers sounded to good to be true, so of course, they were. The seller had no idea what ...
Ernesto Hernandez
Saving You Time Edition #3 - Real Estate Loopholes ($/Poor Dad)
Disclaimer - I type out the notes as I go, on my iPad. Grammar mistakes highly likely.Real Estate LoopholesWritten by Kennedy and SuttonPart One: Being Smart You need to learn to OPEN tax loopholes for yourself and CL...
Craig Kleffman
California 4 Unit - Epitome of CA Excess?
I thought I'd share this report I just generated. The report is here, incidentally: https://drive.google.com/open?id=0B5YbSRYrt3Q8WXN1...We're looking at, among other things, opportunities in Orange County for tripl...
Lori Greene
The Multiple Choice Offers Strategy: Attract and Close More Deals
Maybe you’ve heard of the marketing tip where a salesperson should never ask a yes or no question.For instance, “Would you like to by it” is a Yes or No question and often ends with a No. But, “Which one do you like t...