
27 April 2024 | 5 replies
It is not impossible, but building a team that can communicate effectively is going to be key to getting this one done.Good luck!

29 April 2024 | 32 replies
Not my first rodeo, but Matt's advice helped me negotiate with the seller much more effectively.
29 April 2024 | 248 replies
Others realized that this huge interest rate increase was going to have a significant effect on the cap rates and make the intended exit plan or refi plan not viable.

29 April 2024 | 113 replies
I think the issue comes frankly when the advice is bad and/or harmful to the audience which is obviously subjective, but someone going on a podcast and telling you how to do a 1031 well to me is a lot different than telling people how to invest in real estate using “other people’s money” or sub-2, I also think the site needs to consider the broader effect on the public with some of thier strategies, for instance I’m not opposed to people buying “off market” if it’s done ethically and with everyone being on the same page, but you tell a broke 22 year old to buy “off market” and they are going to take advantage of old people, I’m not totally confident biggerpockets even understands its own audience, I used to host a real estate meetup, I had to stop because it was literally meeting after meeting if me taking some 22 year old kid out of doing something either stupid or often borderline illegal, it wasn’t fun after a while, but like that’s the core bp audience at this point more so than people like me & you.Thanks for those kind words all.

26 April 2024 | 4 replies
I believe that POH homes though inconvenient can be managed effectively if the market conditions are correct.

26 April 2024 | 0 replies
The ripple effects of global events and economic policies reverberate through our region, influencing interest rates, inflation, and housing affordability.

26 April 2024 | 6 replies
Instead of denying them, can we refer them directly over to the owner for them to sign a lease with the owner who is willing to effectively manage the contract, payment and relationship BUT would still want to retain us (albeit for a lower fee) to deliver ONLY guest and property care activities (guest communications, organizing cleaning, lawn and pool care etc).

25 April 2024 | 21 replies
What do you think their answer should beJust because you don’t like my opinion doesn’t mean I should not voice it.

26 April 2024 | 4 replies
To protect the purchaser of the wrap-around mortgage, Texas Senate HB 43:provides for wrap payments to be held in a constructive trust by the seller for the benefit of the buyerestablishes that anyone collecting or receiving a payment from a wrap borrower in connection to a wrap mortgage owes a fiduciary duty to the borrower for the paymentsdiscloses the nature and risks of wrap transactions to buyers and offer consumers the right to rescind transaction/agreement when disclosures are not made timelydefines “wrap mortgage loans” as a residential mortgage loan:made to finance the purchase of residential real estate that will continue to be subject to an unreleased lien that attached to the property before the loan was madesecures debt incurred by a person other than the wrap borrower that was not paid off at the time the loan was madeobligates the wrap borrower to the wrap lender for payment of debt, the principal amount of which includes the outstanding balance of the debt and any remaining amount of the purchase price financed by the wrap lenderclarifies that a wrap mortgage loan may only be closed by an attorney or title companyprevents “house flippers” from registering as financial service providersprohibits a person from making wrap mortgage loans unless the person is licensed or registered to originate or make residential mortgage loansThe new law goes into effect on January 1, 2022.

27 April 2024 | 42 replies
And if something effect mortgage finance to in effect be 6%....... could see record shattering first 30%+ price jump in 1 yr.......