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Results (5,571+)
Vasily R. Are FHAs actually a scam?
3 May 2020 | 10 replies
It feels like people just focus on the leverage aspect of the FHA loan before even considering the ridiculous long-term harm to your wealth associated with them.Thanks,VR
James Gill Investing in Kalamazoo Mi.
15 February 2023 | 10 replies
We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.
Account Closed People are quick to tell me why I should NOT buy a 5+ unit building. But why SHOULD I?
12 August 2013 | 15 replies
Your frustrations can lead to many harmful disagreements.Even in baseball, most batters are instructed to get a hit, not try to hit a home run.
Jordan Payne Property Manager in Lubbock, TX
15 December 2022 | 12 replies
We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.
Nirbhay Mehta Buying my first property and planning to partner with local
31 August 2022 | 1 reply
We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.
Sean M. Dealing with Underwater Notes
27 August 2014 | 13 replies
In one case, for example, "it is absolutely impossible to get counterparty approval for your new buyer because they just require so much information," he said.Aggressive collection techniques used by some buyers also can be a concern for sellers if they feel the harm to the customer relationship or their reputation outweighs the gain from a distressed second lien sale.A sample of lenders' first- and second-lien past dues based on unpaid principal balance from MortgageStats.com shows these are generally low today.
David Sosa Searching Property manager
7 September 2021 | 5 replies
We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.
Ory Kelley FHA Financing/House Hacking
21 May 2017 | 9 replies
Get the mortgage, pay your bills, stick to your plan, don't ever commit fraud to harm others (getting owner occupied loans and moving out early isn't hurting anyone unless you stop paying your bills), and keep on pushing forward.
Ashford Smith I want to buy a house
22 February 2008 | 7 replies
No harm in calling to find out.
Valerie Young Buying a 4 plex
13 August 2014 | 12 replies
No harm in getting it under contract as long as you have all the applicable contingenices in place.