Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (10,000+)
Samantha M. Buyers Agent: Driving around Buyers Required?
8 June 2014 | 22 replies
Technically many will get a copy of drivers license from the buyer before any showings at the office and license plate for safety reasons.
Joshua Fair Probate Lead
18 June 2014 | 2 replies
Josh, Would you mind to copy/paste the original email you sent to the court house?
Donald Hendricks To buy at retail price with VA loan or not.....?
2 May 2014 | 5 replies
I can relate to Eric with the lost opportunity cost of not buying at all with regards to appreciation, tax benefits, cash flow, and having the tenants amortize down your principal balance.I assume your cashflow of 800 assumes you rent all units out and yeah perhaps you'll just break even for one year (recommended if you do VA you should file the first year's tax returns at the property so you're documented to be in compliance with VA primary).After you vacate the property you now have an asset producing income for you even if it's at market value when you bought it.It's all about managing your cash flows in good and in bad times so it depends on what your contingency plans are in the event a tenant moves out, you're at 75% occupancy, 50% occupancy, RE values drop and your over levered, etcUnique Dynamics of the VA Offer below:VA loans also have a:2.15% upfront financed VA funding fee (VAFF) if you put down 0%1.5% if you put down 5% or more1.25% if you put down 10% or moreIf its your second use you will have 3.3% VAFF if you put down 0%1.5 and 1.25% guidelines still apply for second use VAFFThe VA nonallowables are costs that the buyer is not allowed to pay so you'll have to strategically structure your offer so that it will be competitive with other buyers as well otherwise if the seller has to pay the below it may make your offer less attractive - FYI- escrow fee's or settlement/closing fee's- loan origination fee's other than points (underwriting, processing, etc)- doc prep fee's- application fee's charged up front for loan- pest inspection fee for your property- attorney fee's (if for other than title work)- assignment (if buying a loan or property assignment)- copying fee or email fee etc (lots more but those are the main ones)
Clark Young Broker's have a huge advantage
7 May 2014 | 7 replies
Also, before we get started looking at your house, the state law requires me to also let you know that I am also a Realtor (hand them a copy of my Realtor business card while saying this).And with my "I Buy Houses" ads, I simply put a line that says, "(buyer/agent)".Now, that doesn't look like a lot of disclosure issues to me.
Brandon Turner What is Your Favorite App You Use In Your Business?
19 May 2014 | 10 replies
About the only phone apps that I use are yahoo-email, an HP48 calculator app (it's RPN - and I'm fully aware that most of you under 40's people won't even know what RPN stands for, especially if you're not an engineer), youmail voicemail, a flashlight app, weather and radar apps, and my phone's standard navigator app and camera app.By the way, the HP48 app is free and it's an exact copy of my actual HP48 calculator that I bought more than 10 years ago for >$100.
Matthew Hayes Using Land Trusts to wholesale REOs and Short Sales
19 February 2016 | 4 replies
Second issue - I recently wrote an offer in a land trust on a short sale but immediately after it was accepted the short sale negotiator required a copy of the fully executed trust agreement, including EIN #, proof of funds, and the date the trust was created.I was lucky enough to have the buyer already lined up for this one so we moved quick and paid the rush fee with the state of IL for the EIN # but I thought an EIN # wasn't required with a Land Trust and that its purpose was to protect the beneficiary's identity?
David Jennings Partnering with a 401k
12 May 2014 | 9 replies
I copied and pasted it from one of our emails.
Jim M. New to the site
14 May 2014 | 9 replies
. - oops, my "copy-paste" didn't work right!
Casey Carroll NLP (neurolinguistic programming) - who's using it, and how are they using it?
8 May 2014 | 1 reply
It can also help write effective copy for much the same reason.Its not an end all be all but just empowers you to be an world class communicator.
Tou V. How to buy $1 million multi family units
14 May 2014 | 10 replies
They need rent rolls, copies of maintenance contracts and leases, tax and utility bills, historical P&Ls and everything else you would have asked for during due diligence before you made an offer or during the contract DD period.A loan is a business deal.