All Forum Posts by: Douglas Dowell

It was a shock to me....he already rocks as a wing on the podcast, does a rockstar job as a bp community manager. Annnnd he can sing?

Wow. Just wow....hahaha

I recommend it as well. The unstated bonus: Brandon's Justin Timberlake. Check it out...you won't be sorry!

Outstanding!!! I think small multifamily is a pretty sweet space to work in.

I would consult legal counsel before acting but I respectfully disagree to say it is an SEC violation per se to mail to a private money list.

True if you offer a specific percentage return or offer participation in a specific deal you may NOT legally do so. You may under the reg D. rule changes you may target an accredited investor list begging Sept 23 IF...IF you follow the right process.

You MAY legally mail out if you are using a generic introduction based on an informational type. Language to the effect: My name is x. I am real estate investor interested in y type of investment. I would enjoy the opportunity to discuss your interest in learning more about the current state of the market.

Epic post Bill!

If you believe you can or you can you are right. Feller by the name of Henry Ford said that.

I agree with the 4 plex idea with fha. More revenue nodes with more units to spread cost. Of course assumes you make a great deal always.

Welcome to BP counsel! Hopefully get an opportunity to take you up on the coffee offer this fall.

Please let me know If I may be of any help in the mean time.

Check out prospectnow. It has some great features depending on the jurisdiction your in.

Hello Zachary! Welcome to BP.

This is most definitely a legitimate way to break into larger commercial investing. It is commonly referred to as a Master Lease Option.

The pro's for the Lessee (You) in the case are low to no cash up front. The con for the Lessee its usually much easier for the Lessor to retake possession in the case of default. But overall, I am very much in favor of this model.

The best thing to do is to get clarity on if the lease will contain a right to purchase the property or not? To me this is the most important aspect to make it worth doing.

Option the property on what it is today. Then over 36 months or so refinance the property based on the new value. This assumes you are able to generate rental increases over time.

I have not heard either way. I am also very interested in your thoughts on its value.