John Phippen
Real Estate Lingo Translation
Hi, I'm John and even though I'm continually looking, I'm still a newbie. And, no, this isn't my introduction. I've found a home within 2 hours from my home and I emailed the listing agent about it. Her reply was a...
Goldy R.
Lingo Translator for Newbies
Every now & then I log on & read through some posts. Being that I am still a newbie, I am constantly stumped by abbreviations which all the old timers are constantly using.May I suggest BP creates a dictionary...
Tina Trussoni
BRRRR lost in translation
I am new to BRRRR, I have been flipping houses but want to supplement my income with positive monthly cashflow in rentals. Ok, this is where I get lost. My current example is: I have a flip house I am considering ren...
Lee Whitford
Translation for Lease Agreement
Good Evening BP,Just as the name suggests, has anyone dealt with having to translate lease agreements from inheriting tenants for loans or other?My loan provider is saying they cannot proceed without english leases. T...
Carlos Ptriawan
Don't become passive investors
If there's one thing I learnt from the massive crash of CRE in 2023(and 2024) is that "Do not become passive investors". WHen you are passive investor, you become the dumb money , your money is being misused or misman...
Ryan O'Malley
Tenant Screening in NY
Hi BP! I just created a listing for my duplex and know that NY State Law now limits the application fee for a renter to $20. This is below what majority of the credit check sites cost (I use cozy), so I am wondering w...
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From New Jersey
I'm new from New Jersey. I'm an Realtor Associate with a Company that does Real Estate transcations and mortgages for residental and commerical properties. I'm definitely looking to work with some investors who want t...
Lizina Green
Picture = not lost in translation
Has anyone every sent a picture with their yellow letter showing the potential seller their vacant, rundown home as a vehicle to bargain? If so, did it work? If not, what did?ThanksLizina
Matt Kowske
Tenant language barrier - translator needed?
Hello, We recently bought 2 buildings side by side that have 95% hispanic tenants. The majority of them speak none to very little English. We didn't expect this to be an issue as there is a long time on-site manager ...
Account Closed
Why John & Jane Smith Can't Afford To Buy A house - No, it isn't interest rates
Don't blame everything on interest rates - It's because wages haven't kept pace
My wife and I bought our first house in Seattle in 1986 for $78,000. It was in a safe, desired neighborhood, post card view of downtown,...