Moshe Marciano
Short term rental in CA
8 February 2025 | 16 replies
Malibu allows it but requires a 15% "hotel tax" on the gross revenue.I would recommend looking out of state or underwrite the property as a long term rental in the event laws change.
Kedric Naylor
The final step!
12 February 2025 | 2 replies
I followed the instructions on proper tenant screening and made sure the description and requirements were appropriate.
Lisa Marie
Are REIAs a scam?
13 February 2025 | 95 replies
Actually, they took the dictionary definition and broke up each of the requirements as if they were different ways to invest.
Samuel Mutschler
VRM Lending Process
15 February 2025 | 5 replies
In the case of investors, they still require a 20% down payment, additionally there is a 2.25% funding fee because the REO was purchased under a VA loan.
Duane Williams
How Do You Scale Fix & Flip Operations?
14 February 2025 | 8 replies
Of course, this requires professionalism on our part, but it also holds them to that standard.
Allen Zhu
Hard money lender
14 February 2025 | 17 replies
Hi Allen, there are plenty of hard money/private money lenders here on BP, just take your time and speak with several of them to understand all the fees and requirements.
Jennifer Fernéz
Please share a template for your application
11 February 2025 | 10 replies
Do you require renters insurance?
Jay Jones
Total Quality Lending
14 February 2025 | 4 replies
Understand Their Process – Clarify loan requirements, turnaround time, and potential challenges before moving forward.
Douglas Varenas
Property Management Recommendations
12 February 2025 | 5 replies
If you ask the manager to justify a fee and he starts hemming and hawing, move on or require them to remove the fee.
John Underwood
BOI requirements back on hold
6 January 2025 | 4 replies
I got an email today that the BOI requirement was on hold again since the fifth circuit reinstated the injunction today.