Sherilyn Smith
Is small claims worth it for just over $3k? Can they counter?
First time landlord learning hard lessons. My STBXH decided to blow up our lives after 19 years together, forcing me to move back into the home we were renting out instead of renewing w/ our renter as originally inten...
Jeff V.
Acquisition Line and Scaling Up
So far we have used a portfolio based HELOC to fund our acquisitions and rehabs. This has limited us to typically 1 BRRRR deal, 1 Fix and Flip deal per year, or 1 note deal.
With this model I'm limited to the equity...
Alonso Fernandez Maldonado
Lets get better at negotiating!
Like in any other business, in real estate, being a great negotiator can take you very far. After reading "Never Split the Difference" by Chris Voss I realized that negotiating is not so hard, it just takes a lot of p...
Catherine Becker
How to get Lien Payoffs
I have a house in escrow that is an estate that is heading towards a foreclosure auction because there are multiple liens against the property including federal and state tax liens. The primary mortgage holder agreed ...
Jitendra Mandalia
Property management question for remote property
Friends,
I have invested in a single family home in Virginia and I live in California. I was planning for a property management to be done with a company local in Virginia. Though I have another realtor, who is a fri...
Shashank Gadda
Best way to structure partnership and Mortgage
I am planning to buy turnkey residential properties ( townhouses valued at $220k) with friend/partner.It is for a longterm buy and hold for cash flow type of investment. I am bringing the deal and will handle ongoing ...
Curtis Brown
Financing my first deal - HELOC & Cash
I'm just starting out in my real estate investor journey and have been learning all I can from various books, podcasts, and people. My wife and I have a 30-year fixed-rate (2.87%) VA mortgage with about $80k in equity...
Brian Stutzman
I got an offer-13 pages of mumbo jumbo
Ok not mumbo jumbo but leaglese. I showed a high end house Saturday and Sunday he said he would like to float me an offer. I was thinking a mile high 3 or 4 sentence idea of pricing and terms we could banter back an...
Ellie Perlman
IMO How to Vet a Multifamily Real Estate Deal, 2020 Style
Due to COVID, vetting deals requires a keen eye now, more than ever before. These are the 3 areas I think require the closest focus.Vet the Sponsor FirstFinding the right sponsor is just as important as finding the ri...
Tu Hoang
BRRRR Strategy help needed
Hi BP,I am about to acquire my first project and needed to figure out my exit strategy. I am currently at Buy.Purchase price: $120,000Rehab: $95,000ARV: $280,000For the Rehab portion of BRRRR, I have received bids fro...