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All Forum Posts by: Brian Egr

Brian Egr has started 21 posts and replied 139 times.

Post: UNL campus and residency question.

Brian EgrPosted
  • Flipper/Rehabber
  • Lincoln, NE
  • Posts 144
  • Votes 71

Anywhere between City (West) campus and East campus is fine. There are a lot of multi family conversions in that area of town, buyer be ware on those. 

Post: New young investor

Brian EgrPosted
  • Flipper/Rehabber
  • Lincoln, NE
  • Posts 144
  • Votes 71

Hey Clayton,

If you interested in Lincoln give me a shout! I can property manage, and manage any construction renovations that might be needed.  DM me if you're interested.

Post: Hard Money Lending - How does it work

Brian EgrPosted
  • Flipper/Rehabber
  • Lincoln, NE
  • Posts 144
  • Votes 71

Hey Aaron! 

I know you guys started doing the PML, I'm just trying to curious to learn more about the ins and outs of it. 

Post: New Member from Lincoln Nebraska

Brian EgrPosted
  • Flipper/Rehabber
  • Lincoln, NE
  • Posts 144
  • Votes 71

Hey Stacy, welcome to BP. What part of town are you looking to invest in? 

Post: Hard Money Lending - How does it work

Brian EgrPosted
  • Flipper/Rehabber
  • Lincoln, NE
  • Posts 144
  • Votes 71

I guess I should clarify, We don't have HML companies in Nebraska, probably because there isn't enough demand to justify a company getting set up to do it. We do have private money lending individuals that we refer to as hard money lenders.

Post: Hard Money Lending - How does it work

Brian EgrPosted
  • Flipper/Rehabber
  • Lincoln, NE
  • Posts 144
  • Votes 71

Hey Everyone,

Looking for some information on hard money lending.  I understand it's private money and how to find it, but I'm looking for information on the mechanics of how people use it.  For instance, are people using it on a per deal basis, or are they using like an as needed line of credit? Is it administrated through any type of 3rd party or is it handled directly between the two parties?  How about the peer to peer lending websites are people having good experiences with those?

Any input appreciated!

Post: Inherited tenant welcome letter.

Brian EgrPosted
  • Flipper/Rehabber
  • Lincoln, NE
  • Posts 144
  • Votes 71

Is the property down in Adams or is it in Lincoln or Omaha?

Post: New Investor from Omaha, Nebraska

Brian EgrPosted
  • Flipper/Rehabber
  • Lincoln, NE
  • Posts 144
  • Votes 71

Good luck on your future endeavors! 

Post: Lincoln Nebraska Investing

Brian EgrPosted
  • Flipper/Rehabber
  • Lincoln, NE
  • Posts 144
  • Votes 71

You're pretty close on what to expect per bedroom. We have a 3 bedroom house we just bought that will be ready for rent shortly, rent will be $900. It's about 2 miles from campus. There is a lot of new student housing projects being built right now, I'm not sure if the students are going to gravitate to that type of housing or stand alone houses. 

Post: Lincoln Nebraska Investing

Brian EgrPosted
  • Flipper/Rehabber
  • Lincoln, NE
  • Posts 144
  • Votes 71

Depending on your budget there are houses available around the campus. Because it's in a older part of Lincoln the closer to campus you are the the older the houses are. Purpose built multiplexes that are for sale are hard to find in that part of town, but there's usually always old large houses converted into duplexes or tri-plexes for sale.