Marcus Johnson
Emotional suppor animal joke
So I was showing a unit where I posted no pets. A prospective tenant came by knowing this and after she asked about whether or not I will accept pets, I said no. She then proceeded to tell me, "Well, all i have to ...
Gina C.
Any real estate lawyers in NJ out there?
Hey guys, I've been a member for a while now but haven't really been active. I've just gotten into the real estate investing business and I'm looking for a local RE lawyer. Anybody out there, or does anyone know any g...
Sean Dezoysa
Good "out clauses" for a lease option buyer?
Hi; I am planning on creating a lease option with a seller that lists me as the leasee. This contract will then be assigned to a tenant buyer. My worst case scenario is that I can not find a tenant buyer for whatever ...
Adit S.
Private Lending in California
What's going on everyone,
What does it take to originate and record a loan in California from an LLC?
Will a simple promissory note be enough to record a lien on the asset?
Do I need to be licensed? Any advice?
...
Graham Lyster
New Member from Laveen (Phoenix) Arizona
Greetings,My name is Graham Lyster. My wife, Jenni, and I are newbies in the real estate investing world . I flipped a property several years ago when I was working in the mortgage industry, and also had a Handyman bu...
Jerry Cima
How is a hard money loan paid back.
You get a hard money investor willing to loan you $125k at 10% for a 1 year term & origination fee of 1%. Doesn't that mean that within the first month you need to pony up 1.25k for the origination fee & about...
Cory T.
BP Moderators. Class Acts. All y’all.
As a new member, I have found myself doing loads of forum searching and surfing. I am continually amazed by the professional responses of moderators (and other experienced folks). Some of the questions I have come ...
Frank S.
Cost Basis after Cash Purchase
Hi BP, I read "Every Landlord's Tax Deduction Guide" by NOLO, great book. I have a question regarding the cost basis for a property. Purchased: 69K, mid year during the tax year. Market value was about 85K.Tax Asses...
Christine Montoya
New to Albuquerque REI
Hello! I am new to REI in Albuquerque, NM :) I am looking to network and build relationships with great people to get deals done!
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Mortgage Broker Commission
I think I have an idea of how a mortgage broker makes commission, but am still a little unclear. Could someone explain to me how a mortgage broker would receive his/her commission on a mortgage of $200,000 at 6.5% in...