Rebecca Stuelpnagel
We closed on our first syndication.
26 November 2018 | 2 replies
We learned a lot from being active in the deal and learned a lot about raising private money so it was a great experience overall.Looking forward to many more deals to come.Great news.
Austin Davis
New to biggerpockets and RE investing. Looking to get started!
4 December 2018 | 18 replies
Good news is we learned how to make good money with our day jobs and now have a good amount of excess income each month that we need to figure out how to invest.
Amir M.
Lender asked for tax returns in prequal process. Is that normal?
26 November 2018 | 8 replies
We will see how this plays out after the first front-page news security scandal hits the mortgage industry, following in the footsteps of the IRS, Experian, your health insurance carrier, etc...
Joseph Janarski
Being Sued for backing out of a Deal - What am I liable for?
24 February 2020 | 65 replies
But in the federal court system, it takes very little to establish jurisdiction over an out of state defendant.I suppose for some "good" news --- most competent lawyers I worked with won't take a routine litigation case without the client providing a retainer.
Shera Gregory
Beneficial ownership rule for new bank account for SD IRA LLC
27 November 2018 | 6 replies
Here's a link to the new requirements..https://www.fincen.gov/news/news-releases/fincen-reminds-financial-institutions-cdd-rule-becomes-effective-today
Luis Valdez
Collecting Rent as a Landlord
28 November 2018 | 11 replies
Cozy's post about it is at https://cozy.co/blog/great-news-cozy-joins-costar/ .I hope this means that CoStar wanted to offer Cozy's payment platform to the landlords that advertise on apartments.com .
Jorge Rubalcava
GM closing their Detroit plants
27 November 2018 | 3 replies
I saw the number 14000 on the news today, I'm guessing that's a total number for the 5 GM plants being shutdown.I drive by the Lordstown plant last week, and have worked in the town for 2 weeks.
Nicholas Jose
Introducing myself here
30 November 2018 | 11 replies
(Everyone groans "Hi Nico" as if they're in some sort of depressed AA meeting.)When I was in high school, my mindset was straightforward: Study hard > Get good grades > Graduate > Enter college for my bachelors > Repeat the first three steps > Study hard for GREs > Enter grad school for my masters > Repeat first three steps again > Find a job > Gain experience > Quit old job for a higher-paying position at another company > Repeat last two steps indefinitely until retirement and live off of savings.Then, literally on the day of (or before) my college graduation date and ceremony, I saw a segment on the news that posed the question, "Is college really worth it?"
Bruce Yin
Private Lender Scam?
26 September 2019 | 20 replies
that's how these play out.the other HUGE red flag is when they say you need to buy insurance to guarantee the payments.. that's why they can do the loans.Well news flash there is NO mortgage insurance for fix and flip loans.. there is only PMI on federally regulated loans .. period.I had one guy one of my investors who I was humoring .. so I played along.. lender was in the middle east you could tell total scam but then we had to buy this mortgage performance insurance from and insurance company in Thailand YA right LOL..
Geoffrey Tanudjaja
How does GM factory closure affect real estate market?
28 November 2018 | 0 replies
However, with the news that GM is closing some of their factories, which 2 of them are in Detroit area, I start to wonder whether my investment plan still make sense.