Josh Miller
STAY AWAY FROM NREIG (National Real Estate Insurance Group)
14 August 2024 | 51 replies
Anytime a change or documentation is requested from a third-party, our process is to reach out to the client and confirm before we take action.
Forest Wu
List of Syndicators/GPs to AVOID?
14 August 2024 | 134 replies
There is one set of legal documents that you signed into the main offering, you funded the main bank account, you get a K-1 from the same entity as every other investor.
Femi Ibrahim
How New Western Acquisitions Made Me Lose my Life Savings ($70k)
13 August 2024 | 97 replies
Retain all copies of documents you got from them as evidence.
Albert Johnson
Anybody been through an eviction process?
11 August 2024 | 5 replies
Make sure you document well your interactions with the tenant.
Alex Sarnoff
When should I get pre-approved for an upleg during a 1031 exchange
12 August 2024 | 4 replies
Once it sells your qualified intermediary can provide all the documentation needed for the lender.
Nikhil Desai
Can we implement BRRRR in Germany?
12 August 2024 | 1 reply
Some say it’s possible to implement this strategy in Germany, while others claim you can't, due to regulations preventing the sale of mortgaged property before 10 years.There's a lot of confusion and misinformation, and no one seems to have solid information.This strategy is well-documented in the USA, with numerous videos on YouTube.
Jeff Ebert
Myrtle Beach Property Manager search
11 August 2024 | 5 replies
What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?
Patrick Philip
Always use a realtor for flips?
12 August 2024 | 25 replies
We strong suggest to always get a Real Estate Attorney to review all documentation and prepare the seller docs (do this always - even if you have a Realtor).Most BP members are experienced enough to feel comfortable doing this themselves ... after you do 2 or 3, it will become routine.You are saving thousands of dollars so you will need to do a bit of work yourself, but it is worth it.Never pay full commissions any more ... if you decide to get a full service Realtor to list your house, that is fine (the Entry Only concept is not for everyone, we understand), but always negotiate a flat fee. % commissions are not valid any longer ... what additional work does a Realtor selling a $600,000 has to do than to sell a $400,000 that is worth $6,000 more in commission?
Ted Davis
Rent collection software
10 August 2024 | 12 replies
Go to Etsy and search for "rental property tracker," and you will find hundreds of nice spreadsheets to track 10-20 rentals, usually for under $10.Software has extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.
Spencer Herrick
Looking to purchase my second property
11 August 2024 | 10 replies
If you decide to use the property as a second home, 90% financing is available on a full documentation loan.