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Results (485)
Nova T. Private Lender only wants 5% interest?? Is this common?
11 June 2019 | 10 replies

Hi everyone,I’m currently raising private funding for real estate and I came across a lender who only charges 5% interest. Here are his other loan terms: 100% financing on purchase price and rehab Interest rate 5% Fun...

Mitchell Maginnis Short term rental property manager- need a license?
16 February 2024 | 13 replies

Hi! I am pondering the idea of starting a short term rental management company. After doing some research, I realized that some states require a license in order to be a property manager. How are people getting around...

Alex Lambert COLD CALLING ADVICE NEEDED!!
29 July 2018 | 8 replies

Hello all,I am adding Cold Calling into my weekly marketing schedule.As of now I use bandit signs, FB ads, Direct Mail, Door knocking and a few other marketing strategies but have literally ZERO experience cold callin...

Terry Lao bought and sold in 1 year, gain 100K on 4plex in LV
30 May 2018 | 44 replies

The appreciation prices have gone insane in Las Vegas. Fourplex bought 1 year ago, and now seller is asking $100k over his purchase price. The crazier thing is he will get pretty darn close to 100k gain, which is a an...

Nick Sansivero Bank of America announces zero down payment loans
2 September 2022 | 32 replies

Bank of America just announced zero down payment, zero closing cost, and no minimum credit score mortgages for Black and Hispanic first-time homebuyers. https://www.bloomberg.com/news/articles/2022-08-30/bofa-tests-no...

Cedric Jenkins Is it impossible to overcome a minor mold issue?
30 December 2019 | 33 replies

Hi, BP family. Quick question..We found a property being sold as is for 25k. However there’s a mold issue (not severe). Work needed is 8k.ARV is 63k. I believe I can leverage the fact that there’s mold to lower the as...

Joel Owens Do you rent to contractors as tenants or not ? What is your tenant mix ?
16 September 2011 | 7 replies

So with an apartment building I inherited some contractor tenants which now are leaving.

Downside:

1.Contractors income goes up an down.So one month they have rent and the next have a partial or want to do work for ...

Chris Watkins Why Pay 4 Lawn Care, Sprinkler repair, H20 when U can XERISCAPE??
17 August 2016 | 18 replies

Why do so many Multi-unit property investors want/allow grass on their rental properties? Why pay for lawn care for $100 per month when you can do decorative rock or other xeriscape designs and hire some neighbor kid ...

Reid Hanley Can I Give a POH to a Tenant?
18 July 2018 | 14 replies

With all of the Dodd Frank and SAFE Act concerns around seller financing I'm wondering if I can simply give a POH to a tenant as part of their rental agreement?  What I want to achieve is passing all home maintenance ...