Dirk Gesink
If you had $1,000,000 how would you maximize passive income?
To all you seasoned investors out there, if you had $1,000,000 in liquid capital and you wanted to create a passive income stream with real estate, what would you do to maximize your returns? How much passive income ...
Jane Mipsey
2 Properties in Bay Area and W2 Income - Need to LLC or Any Other Suggestions?
Hello BP members, first of all, want to thank you for the valuable info I get from this forum. I wanted your thoughts on my situation and mainly if I have to put my condo property in a LLC. I'm currently a profession...
Valerie Bowman
Blanket/Portfolio Loans and buying an 8 unit with a single family next door
Hi everyone,I am looking for advice on a deal I have under contract for 550k in Sandusky, Ohio. It consists of an 8 unit apartment building being sold with a single family home next door to it, each on their own parce...
Jaron Tibbe
Debt free with 50k to play
I've been a fan of Dave Ramsey for quite some time. I've lived my life pretty much debt free even before I heard about him, and was looking for some input on getting started. Here's where I'm at: sold my primary re...
William Coet
Why Do Synidcations Exist? Why Don't They Just Use Banks?
Why do syndication sponsors go to all the trouble of working with LPs to incrementally raise funds? Why don't they just develop a relationship with a bank (or banks)? Wouldn't it be easier?
Thank you
Timothy Church
Series LLC syndicating business structure
I have been addicted to this site for quite some time now. I've always been a reader my entire life but never much of a writer. As part of my New Years plan, I wanted to get more involved and actually give back to Big...
Johnny McKeon
WOULD YOU buy your interest rate DOWN to 6.375% for $22k? With a 34 month breakeven
How do you feel about a $700k purchase price with a non owner occupied 4plex DSCR loan 3yr prepayment penalty, 10yr interest only 30yr fixed after$560k loan amount (20% down)7.750 par rate with no costs. monthly payme...
Steve Schmidt
Advice Needed on Selling Note Partial
Hello,I am looking to sell a partial of a note on a property in Colorado.The property sold in Sept 2023 for $130,000. The buyer put $30,000 down.The $100,000 note is being serviced by a servicing company in Texas.7.2...
Derek Stevens
Valuation of unconventional and profitable STR property
I have an 8+ac parcel in Dripping Springs, TX (outside of Austin) that has two small STRs built on it. Both units are approximately 400 sqft, "yurt-style" cabins with large decks. We have 2 full years of revenue histo...
Account Closed
Appraisal Came in Very, Very Low!
I put several duplexes on the market through a real estate agent for roughly $190K. We didn't pluck this number out of thin air. There was another property that had sold on the street a few properties away for $190K...