Alex Collins
How to privately purchase a property from a buyer with a mortgage balance
29 December 2024 | 8 replies
U only have to be burned once when title comes back 3 days before closing ( which can be very common in abstractor states ) only to find it title is buggered.. title companies and closing attorneis may have their process's but a good agent just lets them know this is how escrow is going to flow.. they will wine but it cost 200.00 for a title search and we dont want to spend that until we know we have a closing.
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.
Joseph Gary
Searching for a Multi-Family Property To Add To Portfolio
29 December 2024 | 8 replies
One of the most common mistakes beginners make is jumping into large rehab projects without having a solid team or boots on the ground.
Matthew Drouin
Good Cause Eviction Law Passed - 3 Things You Need To Know
30 December 2024 | 15 replies
.✅ Thirdly, in regard to objectionable tenancy and nuisance caused by disruptive tenants, you will need to document these violations with undeniable evidence.Because police reports are not usually able to be procured due to disturbances like drug trafficking or domestic violence, you’ll need to take matters into your own hands on producing that documentation.I recommend getting security cameras installed in all common areas and outside your properties.I’ve used SimpliSafe security cameras but you’ll need to install WiFi service at your properties so that you can maintain recordings in the event of violations and add to your lease that any tampering with said cameras constitutes a lease violation as well.This is still developing and once we get further clarity, we will host a round table with legal experts on how to best protect our properties and residents.
Rereloluwa Fatunmbi
Seeking Advice to Improve STR Performance in East Downtown Houston
22 January 2025 | 22 replies
This is a common mistake so many people make is not having enough dishware and flatware to accommodate a full load of people.
Brandon Morgan
is an LLC necessary?
27 January 2025 | 33 replies
Starting out, it’s common for new investors to own rentals personally to access better loan terms.You will most likely have to buy it in your personal name and move to LLC later.This post does not create a CPA-Client relationship.
Kyle Schachsieck
Thinking of refinancing
31 December 2024 | 10 replies
Common misconception that the fed funds controls mortgage rates but that is not how it works.
Mike Levene
House Hacking In Expensive Markets
16 January 2025 | 23 replies
Probably go for a 3 bedroom with an office or dining I could convert into a 4th bedroom and shared common areas, would have covered everything with airbnb and still covered most with long term.
Tyler Kesling
Funding Your First Deal
7 January 2025 | 16 replies
Insurance is expensive, there is a lot of extra maintenance like painting or electric in common areas that don't apply as much with smaller units.
Jonathan Grzeszczyk
Negotiating within wholesaling
29 December 2024 | 5 replies
If the latter, depending on the jurisdiction, YOU may need to be a licensed real estate agent/broker to engage in what’s commonly called “wholesaling” but is actually “flipping”.