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Correlation of Bond Yields and Mortgage Rates
9 January 2023 | 10 replies
I'll call first rather than text, and if they don't answer, the text I send will be one that conveys that they need to interrupt their morning to call me back, this is important and time sensitive (from a customer service perspective, you can't lock someone's rate without them in the loop, even if it's "objectively" the right thing).Trying to day-trade across days is much harder, there's no "glitch in the matrix" that yields foresight like the "glitch" created by the lag between when bond movement happens, and the couple hours it takes lenders to update rate sheets (in EXTREME cases, like March 2020, they CAN just instantly shut off locking entirely until they sort their stuff out, but in the "normal" world a business doesn't like to slam it's doors shut unannounced).
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Agent Playbook for Posting on The BiggerPockets Forums
27 February 2023 | 8 replies
The last thing you can do in the forums is to try to get leads, you will get banned in an instant.
Drew Whitehead
Why do I have no success with wholesalers?!...
1 October 2018 | 26 replies
People now basically have "instant" access to what their home is "worth".....
Jason Mills
Networking and Investing in Portland, OR
21 March 2019 | 8 replies
We first started seriously looking into this last year, we found that Adair Homes had a very reasonably priced duplex plan, and so the plan was to find a piece of land, have the duplex built, rent out one side while living in the other, and use that "instant equity" they are famous for to leverage into another property sometime down the road.
Jordan G.
I've Got (Lots of) Questions. Hoping the Community May Have Some Answers!
12 August 2014 | 12 replies
Because of this- someone says it is probably worth 2 million and they instantly have most of that money spent.
John Pandolfo
[Calc Review] Help me analyze this deal it has a low ROI
1 November 2018 | 2 replies
Plus, you'd instantly add ~$250k in value (assuming an 8 Cap), increasing property's value by 50%.What's the deal with the commercial units?
Jesse Wolf
Multifamiliy Househack vs SFH New Construction w/ discount
4 September 2019 | 3 replies
I just rented out my previous SFH and moved to the Northern Seattle area.Cliff notes:-I'm in the Seattle market-My discount would get me approx 40-45k in instant equity with the SFH-Any 3/4plex I'd buy looks like it would not cash flow, at least not initially.
Jonathan Temple
Newbie from Hampton, Va
18 May 2018 | 3 replies
After listening to the podcast, I was instantly inspired to learn about house flipping and to provide a better future for my family.
Antonio J. Mendoza
New to BP and Rental Real Estate
29 January 2019 | 5 replies
I then looked into it and was instantly hooked with the podcasts when the lightbulb turned on.
Brian Orr
New fourplex owner questions (utilities, rent, etc...)
10 November 2018 | 41 replies
I wouldn't separate the utilities but I would try to save some water cost by adding a hot water circulating pump to the hot water heater...that basically makes it so when they turn on the hot water it's instantly hot instead of having to wait a minute for it to get hot....another benefit of the hot water circulating pump is that it helps prevent pipes from freezing in the winter, turn off the outside spigot so people can't steal water, have a plumber go through the 4 plex and look for leaks and replace any toilet flaps...replace any toilets that are water hogs.