Jordan Barnes
New partnership, new deal! Combing forces in an expensive market
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $780,000
Cash invested: $195,000
Check out my profile for more! Short story my partner and I got very specif...
Brian Olson
First Lease Option Deal - Critique Requested
Current Value $172,000Repairs $34,000Seller Owe’s $105,000Market Rent $90070% rule offer $86,400There’s not enough equity in this deal for the seller to accept a cash offer for a rehab. We’re thinki...
Shannon X.
neighbor down the road..
We have known these people for almost 12 years, though we don't really talk and hang out; she recently lost her job and the house is in pre-foreclosure. My questions are as follow...
1) It's listed at 249K, is their ...
Sam Huang
Financial freedom goals. Accumulation phase ongoing. Payoff next?
Family goals:
We are a family of 4 (2 kids), living in CA. Our goal as a family is to move outside the US in the next 3-4 years and live half way around the world for the foreseeable future (5+ years).
Financial g...
Richard Hanner
HOA pay for leak damage?
I have a tenant whose condo suffered a major roof leak, which caused internal dry wall and related damage. The HOA says it only has to fix the leak and is not responsible for the interior repairs. The condo is in a Ho...
Forester Tesche
Direct Mail for Real Estate Agents
Hey Everyone.I started mailing out market reports to absentee owners in my town with the hope of finding new clients. Any agents out there have recommendations on what they are doing to generate leads thru direct mail...
Tom Seccafico
Having Trouble Refinancing
My family owns 2 commercial buildings on Long Island. Both have equity and both are fully rented. We have been trying to refinance both properties for the last 2 years and have had trouble finding a lender to work w...
Stephen M.
turnkey negotiations?
Hi,This may be a dumb question but I haven't really seen it commented on: are the list price on turnkey properties negotiable when making a offer? Are there offer/counter offers like in usual home buying? Thanks
Joshua F.
Most important aspect of real estate that is rarely talked about?
I’ve listened to countless BP podcasts and am currently reading a few different real estate books. I am curious as to what the more experienced investors think is something very important to know, but is not discussed...
Philip Mankins
Cash out refi question
Hi All-I applied to for a conventional loan on a single family rental that I've owned for over 10 years. I wanted to pull out $20k cash to help finance another purchase. Additionally, the original interest rate was ...