Emily Fraser
Credit score dropped over 110 points for no reason?
11 September 2022 | 20 replies
The classic FICO credit score is produced from software developed by Fair Isaac Corporation and is available from the three major credit repositories.
Jacob Kline
Property under contract and tenant won’t allow showing
11 January 2020 | 134 replies
@John Thedford the non so silent sentinel of wholesaling on BP... classic @Lydia T. that's not correct.
Andy Gross
What makes an Investor Friendly Broker?
12 January 2016 | 7 replies
This realtor picked us up from the train station, had bottled water and snacks ready for us, showed us great listings, and peppered the history of each neighborhood throughout the conversations.He was a brilliant man and huge fan of classic prewar buildings.
Elliot B.
Cash Flow vs Equity vs Net Worth: Is BRRRR worth it?
11 May 2019 | 31 replies
This is the classic equity vs cash flow debate.
Tim Pagano
FNMA Owned Home
22 September 2016 | 2 replies
It's a shame to see a classic piece of architecture just rot.
Leandro Zhao
Would you buy a property with long term tenants?
13 December 2019 | 28 replies
If you are purchasing a 12, 20, or 100-unit property, you will need deep pockets when requesting vacant possession and, unless you have a business plan that repurposes or redevelops the property for a higher and better use (and you get it at a steal of a price}, it is unlikely to make business sense.A few years ago, we walked away from an 80+-unit, two building deal because the vacancy rate was at 60% and the carrying costs in addition to the costs of rehabbing and modernizing the buildings put the break-even point too far into the future to make business sense.As part of our diligence when underwriting a property, we review all tenancies (leases, payment history, etc) and collect estoppels from each tenant.
Jamie Henkin
Negotiating turn key properties
24 August 2020 | 47 replies
This property is classic Memphis deception to an out of state investor.
Account Closed
Rehabbing Your First House
18 April 2012 | 60 replies
This was the classic mistake of "wanting the best house in the worst neighborhood" 2 critical errors.
Andrew Millard
Asset protection...does it even matter?
18 April 2018 | 61 replies
This thread is somewhat of a classic "law and economics" debate.