Robert Ombres
Starting a "partnership," but which Legal Entity?
18 September 2016 | 6 replies
If you think you will go FHA, Conventional, 203k, etc. and then Quit Claim the property, to a LLC, or a Land Trust you run the risk of the lender discovering a Title Transfer occurred and activating the "Acceleration Clause" or "Due on Sale Clause" that requires the loan to be paid in full, within 'x' number of days.
Kyle Curtin
Tip for Tenant Screening! (ESP as owner occupant)
7 October 2022 | 11 replies
I wanted to share a small tip that I just discovered after something very “interesting” happened when listing one of the units in my building that I owner occupy!
David Drew
Taking Over Payments
28 November 2016 | 6 replies
Effective, you've taken a non-assumable loan and unofficially assumed it.This is risky for all parties and the Due on Sale would ensue when it is discovered.
Tim Kelly
Rehab Loan on 4-plex with 3 Occupied Units!
2 December 2016 | 13 replies
We will also renovate units on tenant turnover.On rare occasions we have had to provide a notice of termination to a tenant who did not wish to move into a rehabbed unit (and pay the higher rent).Be certain to study up on your local landlord tenancy law before undertaking such an adventure.
Derek Anaeme
Can you outthink the market in 2017?
10 January 2017 | 2 replies
Every year, I produce the BiggerPockets Real Estate Investment Market Index, a study in which I go through thousands of counties across the country and collect data on their rental rates, and home prices.
Aaron Smith
Help approaching owner to carry 2nd note
10 January 2017 | 8 replies
I let the seller study all the options and respond with what they consider to be in their best interest..
Jim Feudner
Real Estate study course
18 January 2017 | 7 replies
I'm Looking to start a study program for becoming a Real Estate agent.
Alex Winder
Alex Winder Newbie from minneapolis minnesota.
25 February 2017 | 33 replies
I am also meeting and studying with a man from my church who is well versed in the stock market and mutual funds.
Lisa Landivar
How can I up my game in Real Estate Investment
15 February 2017 | 26 replies
I have only been on this site for a few days so its taking me a bit to discover all the good info it has.I am really considering real estate licenses for MLS access and to save money by representing myself.
Joe Koppel
Anyone used US Real Estate Equity Builder in KC MO? Need advice.
15 May 2021 | 68 replies
When I decided to sell this property & hired a real estate agent, he discovered that the home was in poor condition & wasn't able to put it on the market at the time.The roof had missing flashing on the gable but the entire roof was replaced by contractors hired by USREEB late 2016 as they insisted that it could not be repaired.The living room floor had soft spots under the carpet & the sub flooring was damaged.