I'm new to Bigger Pockets and have started listening to the Podcasts. We've been in the area for 11 years now and are working on our first FLIP, which is actually the home we've been living in for those 11 years. It's...
I am closing on a property at the end of the month, and there is a tenant in there that has been there for 3 years. The original lease has since expired, and there was no written provision that the lease automatically...
I recently locked up a single family, fire damaged house in Providence RI. I was going to demo the house and blow out a quick rehab on it. It's a bungalow, so it would be a fast renovation. While the title work is ...
I recently start doing business with a new bank. I had two properties finishing up at the same time, so I did two loans with them in the course of a month. A few things transpired that I found frustrating because they...
Hi everyone,
My family and I purchased our first home in May, 2012. We moved into our new home the same day we received our keys at closing and have loved everyday in the home since. Many life events have transpired ...
This is my first short sale, and I'm representing the investor in an A -B, B - C transaction, the investor being B.
The bank has done the BPO and verbally approved a price. My investor is almost on board with that. I...
To Service or Not to Service
In the world of distressed second mortgages, we use servicing companies for two main reasons. The first is for “insurance reasons” (I’ll explain later) and the second is for “convenie...
Ok. while bidding on Hud homes, I apparently put in Huds asking price instead of my actual bid price. I am the agent. I put offers in on 10 properties expecting all of them to be countered. No surprise, this on...
👉 Debt to buy assets is completely different from credit card debt (bad debt).
Leverage (when used correctly) is a powerful way to build wealth.
Here's how:
1. We buy an apartment complex.
2. The bank contribu...
Landlord set up and control of the property Wi-Fi can provide many advantages, from becoming a small but steady source of extra revenue, to enhancing security (remote control and recording of gates, entries, exterior ...