Priscilla Z.
Change windows?
24 March 2013 | 11 replies
We used a national company that customer built the windows and installed them for $189 each.
Conrad Erb
Advice for possible REO triplex deal
6 March 2013 | 2 replies
Is the bank local, regional, or national??
Mike B.
Sanity Check for Noob Please
7 March 2013 | 4 replies
I have a strong relationship and bunch of accounts with big national bank but my guess is I might want to find a more local bank that deals with REI?
Jared DeValk
New Member in Nashville, TN
15 March 2013 | 4 replies
Welcome to BP Nation Jared, stay active and engage the community.
Joseph L.
New Real Estate Investor from Baton Rouge, LA
7 March 2013 | 6 replies
Welcome to BP Nation Joe.
Jason Minnich
New Member in Dayton, OH
11 August 2013 | 6 replies
Welcome to BP Nation Jason, staying active on the forums is key to your success.
Anton Volkov
Newbie from San Francisco Bay Area, CA
4 April 2013 | 10 replies
Welcome to BP Nation Anton.
Landon Dolezal
Glossary
27 June 2014 | 6 replies
For all concerned.Acronyms*REI Abbreviations**AFD* - Agreement For Deed*AITD* - All Inclusive Trust Deed*APR* - Annual Percentage Rate*ARM* - Adjustable Rate Mortgage*ARV* - After-Repaired Value*ATR* - Ability to Repay - See CFPB*BOM* - Back On Market*BOR* - Board of Realtors*CAD* - County Appraisal District*Cap* - Capitalization*CCIM* - Certified Commercial Investment Member*CCR* - Conditions, Covenants, and Restrictions*CFD* - Contract for Deed*CFPB* - Consumer Finance Protection Bureau - See ATR*CLTV* - Combined Loan To Value*CMA* - Comparative Market Analysis*COCR* - Cash on Cash Return*COF* - Cost of Funds*COO* - Certificate of Occupancy*CRB* - Certified Residential Broker*CRE* - Creative Real Estate*CRS* - Certified Residential Specialist*DBA* - Doing Business As*DCR* - Debt Coverage Ratio*DOS* - Due On Sale Clause*DOT* - Deed of Trust*DSCR* - Debt Service Coverage Ratio*FCRA* - Fair Credit Reporting Act*FED* - Created the CFPB*FFE* - Furniture, Fixture, and Equipment*FHA* - Federal Housing Administration*FHLMC* - Federal Home Loan Mortgage Corporation, Freddie Mac*FMR* - Fair Market Rent*FMV* - Fair Market Value*FNMA* - Federal National Mortage Association, Fannie Mae*FRBO* - For Rent by Owner*FSBO* - For Sale by Owner*GMAC* - General Motors Acceptance Corporation*GRM* - Gross Rent Multiplier*HELOC* - Home Equity Line of Credit*HML* - Hard Money Lender*HOA* - Homeowners Association*HUD* - Housing and Urban Development*HVAC* - Heating, Ventilation and Air Conditioning*IRA* - Individual Retirement Account*IRC* - Internal Revenue Code*IRR* - Internal Rate of Return*IRS* - Internal Revenue Service*L/O* - Lease Option*L/P* - Lease Purchase*L/S* - Landlord Seller*LIBOR* - London Interbank Offering Rate*LLC* - Limited Liability Company*LOC* - Line of Credit*LOI* - Letter of Intent*LP* - Limited Partnership*LPOA* - Limited Power of Attorney*LTV* - Loan to Value*MAI* - Member Appraisal Institute*MAO* - Maximum Allowable Offer*MIP* - Mortgage Insurance Premium*MLS* - Multiple Listing Service*MUD* - Municipal Utility District*NAR* - National Association of Realtors*NIV* - No Income Verification*NNN* - Triple Net Lease*NOD* - Notice of Default*NOI* - Net Operating Income*NOO* - Non-Owner Occupant*O/F* - Owner Finance*OO* - Owner Occupant*P&S* - Purchase and Sale*PITI* - Principal Interest Taxes Insurance*PMI* - Private Mortgage Insurance*POA* - Power of Attorney*PUD* - Planned Unit Development*REI* - Real Estate Investing / Real Estate Investor*REIA* - Real Estate Investors Association*REIT* - Real Estate Investment Trust*REO* - Real Estate Owned*RMLO* - Registered Mortg Loan Orginator*ROI* - Return On Investment*RTO* - Rent to Own*SFH* - Single Family House*SFR* - Single Family Residence*Sub2* - Buying property subject to existing financing*T/B* - Tenant Buyer*TAA* - Texas Apartment Association*TAR* - Texas Association of Realtors*TIL* - Truth In Lending*TREC* - Texas Real Estate Commission*UBIT* - Unrelated Business Income Tax*UCC* - Uniform Commercial Code*VA* - Department of Veterans Affairs / Veterans AdministrationFORUM ABBREVIATIONS*AFAIK* - As Far As I Know*AFK* - Away From Keyboard*AKA* - Also Known As*BBIAM* - Be Back In a Minute*BFN* - Bye For Now*BRB* - Be Right Back*BTW* - By The Way*CUL* - See You Later*FYI* - For Your Information*G2G* - Got to Go*IMHO* - In My Humble Opinion*IMO* - In My Opinion*LMAO* - Laughing My *** Off*LOL* - Laughing Out Loud*NT* - No Text*ROFL* - Rolling on the Floor Laughing*ROTFLMAO* - Rolling on the Floor Laughing My *** Off*TIA* - Thanks In Advance
David Avetisyan
Hedge Funds taking over SoCal
11 June 2013 | 25 replies
I recently read an article about institutional ownership of SFHs and it mentioned American Homes 4 Rent as well.
Al Bunch
Question for Houston investors
3 April 2013 | 1 reply
There are obviously costs involved with obtaining and maintaining a license to consider as well, but one successful transaction could easily cover your expenses for the year.Your upfront costs would be:- Classes / materials to cover the education requirement- Testing and finger-printing fees (for the actual licensing exam and background check)**You will need to be sponsored by a broker in order to have an active salesperson license, so you'll need to figure out this piece as wellYour ongoing costs will include:- NAR (National Association of Realtors) dues- TAR (Texas Association of Realtors) dues- HAR (Houston Association of Realtors) dues- MLS access fees (assessed quarterly)Again, most of the answer(s) to your question really depend on what type of investing you're looking to do.