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16 January 2025 | 10 replies
Typically this means they will take longer to close, may not have all the information for the companies they work with, and most hard money brokers get their money by taking an existing product and adding extra points to pay their fee.What is your investor success rate?
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18 January 2025 | 11 replies
Feel free to DM me if you'd like more insights on all this (we don't do biz in Alabama so got nothing to lose).Here's some other "copy & paste" advice on how to search for a better PMC:----------------------------------------------------------------------------------------------Recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.
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29 January 2025 | 23 replies
These clauses are contained, in all Promissory Notes nowadays.Many Realtors and/ or Mortgage Brokers will not tell you this information.
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9 January 2025 | 12 replies
It’s astounding how many fake documents are circulating today—you can find everything from fake references and stolen Social Security numbers to falsified income documents.To combat this, we rely on tools like Plaid, Verifast, and Snappt, which are excellent for verifying financial information and detecting fraudulent activity.
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14 January 2025 | 18 replies
Thanks for the information & suggestions Garrett.
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24 January 2025 | 42 replies
If you have information please send it over!
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17 December 2024 | 9 replies
Generally a "local" lender may just have more restrictions and even though they know the area, that's really what a great realtor and PM should be able to inform you on.
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4 January 2025 | 11 replies
My lease has a sublet fee (2 weeks is guest by lease more than 2 weeks in a year is sublet) that is costly enough ($100/night per person which is about what a cheaper hotel is here) that makes sure tenants do not have others move-in without informing us.
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25 January 2025 | 155 replies
I can totally see why you may have felt ashamed, but the reason these forums exist is to share information.
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6 January 2025 | 2 replies
There isn't enough information in here about the current state of the house to be able to advise you, but I would think #3 is a definite no as it seems unnecessary from a cost perspective although that market has scale to accept it.