John Rocker
No Mortgages for LLC's
I am a newbie and just established an LLC for the purpose of buying single family,duplexes and quads as buy and hold investments.
The mortgage broker just informed me that lenders will not finance a conventional mort...
Derek W.
Bad Appraisal Blues
I purchased an old 1920’s Craftman-style home for $69,900 in October. It was in poor shape. The siding was in need of major paint removal and repair, the foundation needed to be put on cement piers instead of wood...
Kellie McRae
Realtors not returning my calls to show properties
What do you all recommend I do in this situation. I have a buyer that wants to look at several properties, I've left 2 to 3 voicemails for the listing agents and even sent emails. They specify in the listings that t...
Cody F.
Tons of people asking to see an apartment, how to handle this?
We have an apartment available, but there's about 1 in 10 applicants that ask to see it before applying. I don't want to drive all the way there just to show the apartment to someone who I'd never rent to anyway. Ho...
Account Closed
My late fee clause
Hello all, my first post here. Tried searching but couldn't come up with the answer I was looking for. First im looking for an opinion on the legality of my late fee clause pertaining to charging a 5% late fee for 1) ...
Brie Schmidt
WWYD: 5 year commercial at 5% or a 30 year fixed at 7.25%?
I am not a economic expert or do I really follow market trends, so I would like advice from people smarter than me on this topic like @Ben Leybovich and @seanWe have pretty standard commercial financing on 1/2 our por...
Jennifer Ryan
Where are the private equity lenders?
Where are all the private equity lenders that Josh and Brandon always talk about?
Senia E Cuevas
New to BP - Evaluating a 8 unit apartment Building
Hello BP,
I joined this week and new to real estate investing - rental is the way I want to go. I found a 8 unit apartment building $400k and have about 40k to use. Learned at the webinar this week that I need 20% ...
David Brummond
Hubzu
I read an older discussion on the website Hubzu and having recently been involved in a sale with them, I felt an update was needed. Hubzu is an auction website for bank foreclosed properties. During the transaction I ...
Braden Anderson
What do you name each of your rental properties?
What do you guys name each of your rental properties? To keep track of them all. For example, right now I only have 2 rental properties in 2 different cities, so I call them Pleasant Grove house and Saratoga Springs h...