I just wanted to say THANK YOU BP! If it weren't for this forum I would not be attending this course "How To Make Money Wholesaling Bank Owned Properties!" given by a local Real Estate investors group. This board i...
I heard that there is no license needed to broker private/ hard money loans, Is there any truth to this? I know that you don't need one in the commercial sector. Is there one needed in the residential hard mney sec...
Hey everyone,I have a friend who I have been looking to partner with in a three or four flat in Chicago. Cap rate in the areas we wanted to buy are so bad (1 or 2%), even for the add value plays (which I think in Chic...
Hello,I have a question about whether property manger is at least partially responsible for repair costs on bursting pipes due to heating being off after tenant abandoned the property. The property manager for one of...
My neighbor's basement is flooding after some pretty heavy rain over the past week. They have called a basement guy out, who would solve the problem by jackhammering up the cement floor in the basement, digging a tren...
There are numerous ways and strategies to invest in commercial real estate since there are many asset types (office, industrial, multifamily, retail, etc.) in the sector. Investing in commercial real estate is a comp...
Hello BP Fam,I found a 4plex in Texas, at a decent price, but the rents aren’t at market. I highly doubt anyone would want to pay an extra $500 a month in rent, so I’m thinking I’d have to evict everyone. Is this a ba...
If a property is in foreclosure and set to be auctioned off, is it still possible to contact the owner of the property, pay off the remaining debt and obtain the property before it goes to auction? Or once it is in f...
My wife and I are beginning to pool funds to begin a real estate investing venture. I have a 401k from a former employer that I would like to leverage to our new business. I have been researching "Checkbook Control"...
This is AWESOME! You guys are going to love this.I applied at Bank of America (mistake 1) for a HELOC. I liked the option of interest only and a 10 year draw, etc. It makes for a cheap ability to keep money moving ...