12 June 2019 | 1 reply
There was a discrepancy with what the rent roll deposit amount said ($850) and the check I received ($775).
23 June 2019 | 5 replies
There was a discrepancy with what the rent roll deposit amount said ($850) and the check I received ($775).
13 June 2019 | 6 replies
However, upon request, it is a respectable thing to do for both sides so there are no discrepancies later on.
19 June 2019 | 2 replies
Sometimes there are still discrepancies, and usually due to recent sales.
12 August 2019 | 7 replies
The price discrepancies I have been seeing still seem pretty egregious.
14 August 2019 | 5 replies
On August 5th I get a call from the mortgage servicing company that they went to pay the taxes on the property and there is a discrepancy of nearly $600 and that I should visit the tax assessors office to see what's going on.
14 August 2019 | 6 replies
Our lender has reached out and provided the discrepancies within his document as well as provided other comps that best support what we have done, and the appraiser will not budge.
23 August 2019 | 2 replies
Take the flip profits now, or BRRRR with a great interest rate and some cash flow... doesn't keep me up at night bc both options are great, however I want to maximize my time and profits.For any multi-units I am heavy in the BRRRR category, but I have a couple San Diego condo deals I am in contract on now and curious the thoughts from BP on which route is better... and I typically don't like holding condos long term due to the HOA and the low ceiling on cash flow, but another perspective I have heard is how easy they are as a rental.I got in to this for long term wealth #1 and short term profits #2... just an FYI.Condo #1:*This deal is under contract and ready to close in a few weeks using HM at 85% of PP and 100% of Rehab with 9/2.PP: $155,000Rehab: $30,000 - $32,000ARV: $260,000 with upside as nothing has sold in building in 2 yearsHOA: $300 a moRental: $1750-$1800PITI w/ HOA from Refi ~ $1,500Minimal VacancyBRRRR Pros: In a predominantly rental area, can 100% BRRRR and hold for $250-$300 a mo cash flow.Flip Pros: I'm licensed so it'll only cost me about 4% cost of sale Condo #2: *This deal is in negotiations with bank for Short Sale using HM at 85% of PP and 100% of Rehab with 9/2.PP: $150,000 - $200,000 (Discrepancy because we are negotiating... starting at 150k, closer to 200k will lean me towards flip vs BRRRR)Rehab: $28,000 - $30,000ARV: $295,000 HOA: $388 a moRental: $1800PITI w/ HOA from Refi ~ $1,600 or less, depending on purchase price/refi priceMinimal Vacancy, Brand new hospital being build walking distance, less cash flow but better area than Condo #1BRRRR Pros: In a predominantly rental area, can 100% BRRRR and hold for $200-$300 a mo cash flow.Flip Pros: I'm licensed so it'll only cost me about 4% cost of sale---TL;DR - Are condos good for BRRRR or better to flip and keep my rentals as multis or high cash flow SFR's
27 August 2019 | 2 replies
I can understand why one would have a listing that the other one doesn’t but why would there be a discrepancy in the “Sold” properties?
29 August 2019 | 15 replies
It’s even worse when there’s an issue such as a meter/address discrepancy, unpaid balance, lien, etc.