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13 March 2019 | 36 replies
@Nathan SimonsIf he has been paying around the end of the first week of every month for a long time then that is his effective rent due date.
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15 March 2019 | 31 replies
Probably 90% of the asset managers from which my companies acquire notes were met by networking at conferences oh, the same goes for selecting vendors.
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6 March 2019 | 7 replies
That effectively makes it completely unrealistic to develop new MHPs.
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7 March 2019 | 7 replies
Here are some recommendations for you:Find and connect with other BP members that are in your area: https://www.biggerpockets.com/search/usersSet up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alertsRead Beginner’s Guide: http://www.biggerpockets.com/real-estate-investingCheck out BP Podcasts: https://www.biggerpockets.com/podcastIf you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person which should appear below the comments box.
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8 March 2019 | 18 replies
They request what is called an “as-repaired appraisal.”To give a general picture of how the as-repaired appraisal fits into the process here’s a very basic look at the steps involved in a standard 203K loan, sometimes called a Consultant K* loan:The borrower selects a property, a lender, a 203(k) consultant and a general contractor.The lender pre-qualifies or pre-approves the borrower, and determines that the property is eligible for a 203K loan.Working with the consultant and the contractor, the borrower submits a document that specifies all repairs.The lender requests an appraisal.
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8 March 2019 | 11 replies
Include a simple statement that all other terms of the original lease remain in effect unless specifically changed in this extension.
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13 September 2019 | 2 replies
Obviously it is code to have the ability to escape both bedrooms in the event of fire, but could this be mitigated by a sprinkler system or is this effectively a 6 unit apartment building?
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6 March 2019 | 4 replies
But I'm wondering if they are as useful and applicable (i.e. the ability to edit) and if there are other more cost effective means to obtain said documents.
6 March 2019 | 2 replies
A lot will depend on your bandwidth and time commitment. 2) Once you figure it out, you can look into different niches within the options available for either active or passive investors.3) Educating yourself on the option selected is must.4) Take action once you have the power of knowledge in you.Best!
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6 March 2019 | 11 replies
Can anyone suggest effective platforms they use and are satisfied with (because the system provides accurate information)?