Shawn Jacobs
Negotiating with the bank when buying a foreclosure
Hi Everyone, Being new to BP, I thought I would dive in and get involved! One of my previous jobs, before I traded in my dark cubicle and handful of sick days, was as a supervisor of an REO Department, for a large Ban...
Kristy Eichenberger
What Percentage above County Assessed Values do Properties Sell?
Hello!I am from the Waterloo / Cedar Falls, IA area. I am wondering if anyone knows where I can find out what percentage above the county assessed values properties in Black Hawk County, Iowa sold for in the last year...
Laura B.
Flip Insurance Coverage
I'm closing on my first property (YAY!) in a couple of weeks, and working on setting up insurance. The insurance provider that I have my personal home and auto insurance under (State Farm) quoted me for a Rental Dwell...
Jan Lee
In calculating CAM, does Operating Cost usually include Property Tax?
Hi
I have a question regarding calculation of Administrative cost. The lease states that the tenant is to pay 15% of "all of the foregoing costs as an administrative expense" under the "operating costs". Would this i...
Joshua Piazza
New to BP and the real estate game
Hello all,
I’m new to BP and I wanted to take a second to introduce myself. I’m located in Helena, new to Real estate investing and I’m looking forward to using this resource to learn and build my portfolio. I’m curr...
Damian Smikle
Found multi-unit property, now need to find funding
My team and I have found a multi-unit property in Columbus Ohio and we want to put an offer in for the property. However, we do not have the financing necessary at the moment to close the deal and do the repairs. Any ...
Nate Daigle
Right of First Refusal Issue
Hi All,I am just breaking into wholesaling. My first direct mail campaign hit mailboxes this week. The response has been OK. 1,000 postcards netted about 20 calls and a half dozen or so prospects so far. I went to vie...
Ron Steele
First multi family deal
Hello,
I have a deal for a 6 unit apartment with great cashflow. Just wanted to ask more experienced investors that if the bank will loan 75%~80% do they allow the seller carry back the remaining balance? Should I s...
James C
Cell Phone Tower Land Lease
I'm not sure if this is the proper fourm or not. I did a search and could not find anything. I was wondering if anyone has had any experience dealing with leasing/selling land to a cell phone company for use to put a ...
Igor Nastaskin
Keep or change real estate agent?
I am trying to decide if I should have my commercial real estate agent help me get the deal in a city 70 miles away or should I get a new local agent.
A little bit of background information. For past 1 month ...