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I have a rental house and the rent is due on the 5th of the month. I give a 5 day grace period after the 5th. Say that they pay on the 13 of the month. Do you charge your daily rate for them being late or do you let i...
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Hello BP,I know in today's market pre-foreclosure niche is waaaay saturated (Bay Area Market). I've heard from a podcast somewhere that an owner in pre-foreclosure had over 30 letters from investors in ONE WEEK. I'm l...
Hey everyone I have opted to live in the ghetto to save money to buy my first duplex I should be able to buy it with cash in a good area within 2 years.
I am from the suburbs so I stick out like a sore thumb and am no...
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Hello BP Members,I hope everyone is staying safe, healthy and sane in these crazy times. I am currently under contract on a vacation rental in the Smoky Mountains (approx. 10 min from Pigeon Forge), with a closing da...
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Hi guys
I live in North Cal, been buying properties for a year, recently got interested in auction sales. I am hoping some of you could share some advice on how to buy from auction, (Trustee vs REO, tenant o...
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This is probably the best article I've seen so far on what is going on in the mortgage marketplace.
The Coronavirus Meltdown
The current Coronavirus crisis is having a critical impact on the Mortgage Industry, whic...
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Hello All!As the new year is approaching what’re your goals for 2023!? Let’s use this as a way to motivate and help one another achieve those goals 😁My goal for 2023 is to purchase my first duplex to house hack, get a...
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Thanks ahead of time for any pointers or advice. I am in contract on a short sale. Junior lien came up in title report. Ditech is 2nd lien holder. SPS is senior. Seller has already qualified for short sale with SPS. N...