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15 November 2017 | 3 replies
Title insurers have essentially been forced to remove the survey exception from lender's policies so this generally only affects owners policies... but like I said, once a lender is aware of a title issue they want it resolved or insured over before closing.I would never purchase a property without either (1) a new survey or (2) a fairly recent prior survey + a survey affidavit.
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17 November 2017 | 9 replies
if they were recent, I'd get the installer back out to investigate whats going on. to a certain extent the neighborhood could come into play with this too. if there is higher crime, this could end up with your tenant getting robbed.
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14 November 2017 | 1 reply
Been doing a fair bit of research over the last few days and haven't seen much mention of notes and taxes.
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16 November 2017 | 7 replies
There is another factor at play for me, though.
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14 November 2017 | 2 replies
I owe specific thanks to @Scott Trench for his book, Set For Life, which played a big part in my decision making process, as well as @Brandon Turner and @Joshua Dorkin.I've spent the last 3 years behind a desk as an MLO for one the country's biggest hard money lender, working specifically with brokers across the country to facilitate loans on behalf of their clients, and the learnings from that position and the time I've spent on BP, reading the BP publications and forums has given me the confidence to undertake this life changing pursuit.If you or someone you know/partner with is looking for financing on any upcoming real estate investment, let me know - I strive to be of value and have an extensive lender network to ensure quick terms and reliable financing.
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14 November 2017 | 0 replies
Between moving, rehabbing, and getting married.. it's been a fun ride.What brings me back to the site is that i'm moving on to another phase of my investing career and looking for thoughts and/or wisdom.I'll layout all the info and give you the play by play.Currently I own 2 properties out right.
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3 December 2017 | 4 replies
So I started a eviction process which is fairly easy and got her out in 3month, basically killing any profits I made but the experience was well worth it.
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15 November 2017 | 5 replies
It might take longer now because they have less inspectors, but the amount of work need is fairly reasonable.
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15 November 2017 | 3 replies
Hey Everyone,Im new to the forum and fairly new to real estate.
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14 November 2017 | 7 replies
We'll play that by ear.Our Near Term Goals are Income Focused:1st: $3,000/mo “passive” income2nd: $7,000/mo “passive” income3rd: We’ll see…I absolutely want to thank BP, and the BP Community.