Omar Bortolato
Tax Liens and Tax Deeds. Tools and Calendar
17 August 2024 | 56 replies
and it seemed a lot insurance companies won't offer service for that deed.
Eric Fernwood
July Las Vegas Rental Market Update
16 August 2024 | 2 replies
Prices and rents continue to increase steadily.Sales - $/SqFt by Month(Click to enlarge.)The median sales $/SF was up 9% YoY and 6.7% YTD.Rentals - $/SqFt by MonthRents rose 4.3% YoY and 6% YTD.The Market Remains HotFollowing the rapid inventory decline starting in Q1, the number of days on the market for sales remained below 17 and for rentals below 19, indicating strong demand for both.Sales - List to Contract Days by MonthRentals - List to Contract Days by MonthRental trends tend to follow sales.
Devin James
Psychology of Money Takeaway
20 August 2024 | 2 replies
"Your success as an investor will be determined by how you respond to punctuated moments of terror, not the years spent on cruise control." - The Psychology of Money by Morgan Housel In real estate, it's not the smooth sailing that defines us, but how we navigate the storms.
Jesse Glatz
How do I Search for Duplex, Triplex, 4-Plex units Only?
20 August 2024 | 2 replies
I do not want to look at any SFR or single door homes but can't seem to find a way to search by that criteria using any of the BP search functions.
Randy Sinda
Getting Paid for Bringing the Seller and Buyer Together
21 August 2024 | 4 replies
Although, for your current situation you won't have the time to get your license by the time this deal closes...But, another option that may be possible is if the seller agrees to directly pay you outside of escrow for essentially a finder's fee.
Sean Pedeflous
When to Re-Finance - Is there a rule of thumb to follow?
20 August 2024 | 12 replies
It varies by situation, but a couple decent benchmarks are if it improves your rate by 1% or more, or you recover the refi costs in two years or less.
Shem Varhaftik
Process of obtaining permits for multifamily dwelling in Baltimore
18 August 2024 | 2 replies
Costs and any inspections, work, etc that are needed can be part of your offer to the seller or covered during due diligence if you don't buy it "as is".
Luis Herna
Can some one tell me what things can be done to overcome Due On Sale Clause?
20 August 2024 | 45 replies
Their only defens would be to say they were tricked by the buyer and didn’t know any better.
Joseph Agins
Prepayment penalties on DSCR loans for paying extra?
20 August 2024 | 12 replies
I’ve had instances where lenders have only charged me a penalty on payoffs but it’s really case by case.
Greg Neuman
3 month cash-out DSCR in WI
20 August 2024 | 10 replies
The LLC is owned by my revocable family trust that my wife and I are the only trustees of (have a certificate of trust that can be provided).* My insurance carrier does not accept escrow payments, so I would need a solution that wouldn't require escrow or something creative with the escrow.Property Details:Duplex located in Wisconsin (city of approximately 9,000 people)Purchase date: 05/10/2024Purchase Price: $85,000Rehab: $31,000ARV: $140,000 (still need to have appraisal completed - this is based off of my comps)Projected rent: $1,450 / month (just listed so no leases yet.