Jonathan Twombly
Dealing with High Net Worth People
When I first started out in this business, I was very intimidated when dealing with very nigh net worth potential investors. (Okay, I'll admit it: sometimes I still am!) I would question my own credibility and b...
Louis Van Der Westhuizen
Hard Money for beginners
Hello Bigger PocketsI keep hearing about hard money lenders and they all seem to have loans available for new investors at least that is what they represent on their websites, but is that just a marketing trick? I hav...
Matt Weiss
Justifying a below asking price offer
Hi All,There is a property that has been on the market for over 400 days that I really like at about 15k below the asking price.A little backstory, it's a 4 plex that started at 240k, then was relisted at 220k, then t...
Destiny Prince
[Calc Review] Help me analyze this deal (asking price $129500)
View report*This link comes directly from our calculators, based on information input by the member who posted.
Charles H.
Swimming pool in small multifamily building
Hello,I am looking at a deal that has a swimming pool. Regular size. Not crazy big. 26 units. US Southeast.- What are your thoughts about having a swimming pool in small multifamily buildings?- What are the cost to ma...
Sonya Brown
Do I need to get my RE license?
Im a newer wholesaler and I've been hearing(often) that in the near future RE investors will need a realestate license. Especially wholesalers. Im not licensed but have a colleague who is a RE broker and assists mr. ...
Joel Ubiera
Portfolio lender/community bank to fun flip
Hello! I’m going to dive fully into my flipping business. I’m starting my LLC, have a business plan, and I’m very familiar with the BP calculators. Assuming that I bring all of that to local portfolio lenders/communit...
Ajaya A.
Help me evaluate this deal. CAP 5.0
FolksIn Oakland by Lake Merit(1 mile), would you do this? MultiUnitLTV: 55%CAP: 5.0COC: 4%The huge downpayment is scaring me. Rent controlled property and most of the units are at or near 15% of market. So rental up...
Omar Johnson
Networking for the Real Estate Entrepreneur
Business is like a game where the more people you are connected to the more points you have. Being connected means that not only do you know who they are, what they do, and have the means to contact them to make a re...
Dan Krause
Hard Money loan question?
Say for a $100,000.00 single family home what is the typical timeframe for paying back the loan? Is'nt it in the 6 month timeframe? What are the monthly payments like required by a hard money lender? Is the actual pro...