22 August 2024 | 1 reply
So far I can think of: - Using agency resources to get my RE license - Trying to make connections with agents who work with investors (as opposed to typical homebuyers) - Learning the local market through osmosis/exposureAny ideas and/or insights would be well appreciated.

21 August 2024 | 4 replies
Get your real estate agent license, of course.

21 August 2024 | 28 replies
For those licensed agents out there....when you buy a property for yourself, either personal residence or investment property, you typically receive the buyers agent commission.Is this considered taxable income?

26 August 2024 | 3 replies
I usually let a tenant go month to month if they they have a reason for not signing up for a year.

26 August 2024 | 7 replies
I've been a Realtor and Home Flipper in Houston TX the last 4 years.

25 August 2024 | 18 replies
I've been a Member for 3+ years, and I've made $$$ because I network.Raymond

26 August 2024 | 4 replies
First Ohio, trad 30-year fix How did you add value to the deal?

20 August 2024 | 2 replies
This can be an extremely time-consuming and frustrating process but needs to get done.Borrower Calls – Once the servicer finds your borrower, they’ll make scheduled collection calls notating what transpired and what actions need to be taken.Collection Letters – A variety of collection letters are mailed out based on the delinquency of the borrower.Borrower Statements – Print and mail out monthly borrower statements.Incoming Funds from Borrowers– Any incoming funds from the borrowers will be received, recorded, and distributed to the investor, less the servicer’s fees.Year-End Tax Information – At the end of the year, the servicing company will print out all eligible borrowers who have made interest payments greater than $600.

25 August 2024 | 6 replies
Hello Everyone, I am getting a mortgage note with a UPB of 60k, amortized for 6 years at 8% so the monthly payments are $1051.99.

21 August 2024 | 1 reply
A lot of DSCR lenders are technically POF lenders as they only qualify on 4 things: 1) valid driver's license 2) FICO score 3) rent is more than the PITI of the proposed property and 4) proof of funds for the down payment and closing costs and reserves.