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30 December 2019 | 1 reply
.- mortgage note is worth $70K, 7.3% rate, ~$600/mo- ARV on house is ~$115-125K- 3 heirs on title of house, and not sure if house went thru probate. house shows original owners on county tax site. 1 heir doesnt even have authorization to speak to the bank, b/c she was trying to give me authorization. now shes trying to get death certificates faxed, birth certificates faxed, etc so she can get authorization so she can give me authorization!
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29 December 2019 | 4 replies
I know several really good home inspectors (as this reddit comment author seems to be), and one thing I’ve noticed about them that got me thinking is that they all used to own rentals but no longer do and have exactly zero desire to own rental property.
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9 January 2020 | 7 replies
You will want to avoid markets where a single industry dominates the local economy in the number of jobs since these kinds of markets a incredibly susceptible to swings in the market.Census Bureau: Building Permits Survey (BPS)The purpose of the Building Permits Survey (BPS) is to provide national, state, and local statistics on the number and valuation of new privately-owned housing units authorized by building permits in the United States.
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7 January 2020 | 0 replies
We wanted to buy below market value, just like all the author's in BP community advise.
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7 January 2020 | 3 replies
@Megan W.You need someone with signing authority at his company to sign the Lease, such as their COO, General Counsel, CFO, HR, or such.
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8 January 2020 | 10 replies
That the person you spoke to was authorized to speak on the lenders behalf and actually knows what he’s talking about.
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8 January 2020 | 1 reply
Would this be accomplished by a formal operating agreement listing him as an person authorized to handle affairs of the LLC even though it's a single member LLC?
6 December 2019 | 6 replies
I would read books by authors not named Grant Cardone to learn about real estate investing.
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8 December 2019 | 13 replies
.- get-your-head-in-the-game https://royallegalsolutions.co...You might want to read and follow these threads:advice-to-your-20-year-old-self https://www.biggerpockets.com/...financial-advise-for-getting-started https://www.biggerpockets.com/...how-to-prepare-for-a-career-as-a-flipper https://www.biggerpockets.com/...new-to-wholesale-real-estate https://www.biggerpockets.com/...what-is-the-best-re-related-9-to-5-job https://www.biggerpockets.com/...Bonus for the weekend, my collection for starters (read the comments too, and then if you like the author, go check out what else they wrote):- stages-of-investing https://www.biggerpockets.com/...- newbies-learn-real-estate-investing https://www.biggerpockets.com/...- 5-ways-to-know-youre-not-ready-to-invest https://www.biggerpockets.com/...- ideal-vs-desperate-investor https://www.biggerpockets.com/...- how-much-to-offer-property https://www.biggerpockets.com/...- hazardous-attitudes-of-investors https://www.biggerpockets.com/...- 21-traits-scammy-real-estate-investment-guru https://www.biggerpockets.com/...- youre-not-cut-out-to-be-real-estate-investor https://www.biggerpockets.com/...- questions-new-investors-should-ask https://www.biggerpockets.com/...- real-estate-books-beginner-investors https://www.biggerpockets.com/...- what-separates-those-who-succeed-from-those-who-fail https://www.biggerpockets.com/...If that's not enough, ping me and I'll give you a whole collection of blogs and podcasts to follow.Bonus 2: 1) Read at least one hour per day every single day.2) Remember the quote by Jim Rohn "You are the average of the five people that you spend the most time with."3) Check for toilet paper before sitting down."
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11 December 2019 | 33 replies
Our lease does say “if the whole or any part of the leased premises is taken over by any authority having power of condemnation, this lease agreement will end.