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19 September 2024 | 43 replies
@Kang-Li ChengI cannot comment on this specific company but we buy loans from similar companies (both performing and non performing) and I Can say the consistent component to these companies is they are horrible at underwriting and write loans to collect the points / fees but many of the loans we see we cannot believe they gave that person a loan.I am curious what types of returns they targeted as the invest in one asset model to me is very risky.
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17 September 2024 | 22 replies
I am surprised that my lender is asking me to access Social Security Records and a tax transcript.
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18 September 2024 | 6 replies
Social Media - longterm strategy, I get a few leads a month, but expect it to compound with time3.
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18 September 2024 | 3 replies
@Sharad BoniRecommend 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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16 September 2024 | 3 replies
But the best thing about it is that I own this amazing house with all brand new big components.
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18 September 2024 | 13 replies
They thought their business was a technology business with a financial component, not understanding that it was a financial enterprise utilizing a technology platform.
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21 September 2024 | 71 replies
Ramit Sethi in his How to Get Rich Netflix series explains that renting offers flexibility and freedom from hazards of ownership (fire, flood, sewer backup, etc etc) and I see multiple posts on social media from people needing to fiind a rental ASAP.
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16 September 2024 | 7 replies
A sellers concession is a helpful component for some deals to come together.
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17 September 2024 | 11 replies
There are a couple of key components.
17 September 2024 | 6 replies
@Mirlyne AndreRecommend 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.