Preethi S.
Difficult Property Management company
3 January 2025 | 8 replies
Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.
Jordan Ray
New investors getting Stuck on list price
18 December 2024 | 11 replies
I work with tons of investors, both local and out of state and 1 very common problem I see that is holding new investors back from getting a deal is 1 simple thing... getting stuck on the list price.
Kmsuea Abdei
Should I sign an exclusive agreement with agent?
30 December 2024 | 12 replies
@Kmsuea Abdei signing an Exclusive Buyer Agency Agreement is common, but it can limit you to working with just one agent.
Najeh Davenport
Need Advice on Appraisal Issues and Refinancing Options
15 January 2025 | 12 replies
Several factors indicate the company is not that concerned about efficiency or ease of customer process: the website, a process that seemed to focus on one issue at a time instead of all issues at once, and consistently poor communications and lack of common sense from the loan analyst we were assigned.It started off very well with the initial point of contact, Austin Lornson, who did a fine job of explaining the general refinancing process, responding quickly and thoroughly to our questions.
Priscilla C.
Best Loan types for short term rentals
29 December 2024 | 10 replies
Most of my clients:1) Put 20% down for a conventional investment loan.2) Put 10% down for a second home loan3) Something else, either hard money, DSCR, or portfolio loans.These are the most common ways.
Chris Lu
New BP member looking for STR budget feedback!
22 December 2024 | 5 replies
If you prefer to be hands-off with full-service management, then I'd plan on paying around 20% commission as that's pretty common.
Lauren Cartmell
How to find a knowledgeable agent to sell my occupied investment property
18 December 2024 | 13 replies
It's not a real common concept here in DFW area, but I love it.Buyers have no downtime, no rent rate risk, lower vacancy risk, potentially instant cash flow day 1.
Jerem Kaawaloa
Aloha from Hawaii new member
23 December 2024 | 21 replies
Sounds like we may have a few things in common on that!
Annie Anson
How to meet material participation hours for out of state investors
17 January 2025 | 21 replies
To qualify for active treatment and unlock potential tax savings, you must meet the material participation rules outlined by the IRS.
Cory M.
No W-2, Looking for Loan Options
21 December 2024 | 14 replies
Actually fairly common, depending on what you're looking for property wise going forward.