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19 May 2020 | 5 replies
Here are some recommendations for you:Find and connect with other BP members that are in your area: https://www.biggerpockets.com/search/usersSet up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alertsRead Beginner’s Guide: http://www.biggerpockets.com/real-estate-investingIf you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person which should appear below the comments box.
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11 June 2020 | 56 replies
I suspect that there will eventually be investigations due to the extremely high likelyhood of extensive fraud with this veritable money cannon, but I suspect it will be randomly selected loans they check into, and probably along with any obvious red flags for fake applications, but no idea what those would look like.
24 May 2020 | 37 replies
This person can then help you actually execute the deal while teaching you along the way:Look your deal over from top to bottom and determine if you have a "deal" (run the numbers, do local market due diligence, property due diligence, etc.)Conduct and-or participate in the negotiations Assist with the team building process (property management selection is absolutely KEY)Create deal package/loan request package to help raise the equity and the debt (not so easy anymore)Help guide both you and the deal through the acquisitionHelp initiate and execute the business plan, working closely with the property management companyAssist/teach you how to asset manage You can start looking for that person right here on BP.
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20 May 2020 | 6 replies
@Sadashiva (Sada) Yelluru - This is why I try to select properties valued high enough ($10K+) to close with title.
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21 May 2020 | 4 replies
The major concern Im worried about is to depend on people there (on site managers/property managers, and, if something fails, I´d not be there to fix it and select a proper replacement.
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20 May 2020 | 7 replies
my apologies, I'm looking to rent a place, i was having issues with their search criteria, the sites would constantly fill search results with listings that specifically did not meet the selected criteria selected.
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20 May 2020 | 14 replies
Index funds are a type of mutual fund where the stocks are selected to emulate an established index like the S&P500.
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20 May 2020 | 1 reply
I don't know how much the name will come into play on a BRRRR business, but I do like the sound of R&B Properties, especially if you can play off that in your design/marketing.
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21 May 2020 | 4 replies
Here are some recommendations for you:Find and connect with other BP members that are in your area: https://www.biggerpockets.com/search/usersSet up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alertsRead Beginner’s Guide: http://www.biggerpockets.com/real-estate-investingCheck out BP Podcasts: https://www.biggerpockets.com/podcastIf you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person which should appear below the comments box.
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21 May 2020 | 2 replies
When an appraiser submits the appraisal to the lender and then the underwriter wants a lower value and sends it back to the appraiser claiming they don't like his adjustments or comparable selections?