Sami Gren
WHAT to do when adding a tenant to an existing lease?
HI,I was curious to hear from other professionals, when you have a tenant for a couple of years, and then he wants to add a new person to the lease, what steps would you take?Thank you
Account Closed
When an REO asks for a Bank Statement and you don't have the funds?
As a wholesaler in Miami, I am making a few offers and they are asking me for a bank statement, before we used proof of funds from our transnational funding source. There are a few ways to do this but I want to know ...
Bill Gulley
Ft. Worth Commercial Property Question
Hi, Are there any special compliance considerations for commercial property purchases in Ft. Worth, Tx.? This is an office/wharehouse with 5 fronts, seperate meters and HVAC. There is no fire suppression system. 18,00...
Tyler Salvi
Finding properties with disconnected utilities.
In the "BiggerPockets Podcast 332: How to Build a Deal-Finding MACHINE With Adam Johnson and Brent Moreno" they talk about getting a list of properties with disconnected water/utilities. This seems like a great way t...
Michael Stole
Dual agent is not same as no agent!!
I just submitted an offer through the listing agent, hoping that can save me 3% on the price and make the negotiation easier.
However, I am wrong. When I signed the offer contract, it explicitly said that this is a ...
David Galvan
List of steps before renting out property
Hello all,
I am looking to rent out a property. What steps should I take from this point? I know I will need some sort of lease agreement and some sort of background check to screen possible tenants, but what other i...
Troy Zsofka
Volunteering to be the Bad Guy? - A Moral Inquiry on Note Buying
I must say that I find the idea of purchasing Non-Performing Notes to be somewhat fascinating. With a degree in economics and a stint in commercial finance, the complexities of the moving parts attract my mind's inter...
Corey Dutton
Loan Modification Business is Booming – Are These Companies Harming or Helping Consumers?
I recently met the owner of a local loan modification company. Like most of the loan modification businesses out there, this company takes an upfront fee from homeowners who are underwater in their mortgages or are he...
Jim Benson
Lease Option Initial and Ongoing Structure
We are working to setup our first couple lease option properties and see how we like this strategy - on paper, it looks much better than traditional rental properties/tenants. Anyhow, for those experienced in lease o...
Mary M.
What is a good return /Income from a given investment?
Are there any published or known numbers for what constitutes a "good" return on an investment? I have not seen this info anywhere. I have bewen studying IRR=Internal Rate of Return, and MIRR = Modified Rate of Ret...