Mark Beekman
2 quick Fico questions
Does checking your own Fico score (like on myfico.com) count as an inquiry on your report? I checked it today and I want to check it once more this summer or Fall.
I have 1 unpaid collection that I was unaware of unt...
Jim Viens
Get it right, people!
This is neither a question, nor is it really an answer. But, rather, a rant that's been repeated here before. I'm just wanting to add my 2-cents. Got a lead on my website for a house in the area. Called the guy and he...
Libby Baugher
Monthly Cash Flow Question
Hi all, I have a cashflow question for you. I just purchased my first three units recently. I did the analysis beforehand taking into account the managment fee, vacancy, capex, repairs, mortgage, etc and it still came...
Joe Ramirez
Cook County Tax Exemption treatment on flip
Hi all,I recently completed my first flip and had a question about the treatment of tax exemptions on the property. In the end, I feel like I significantly overpaid.We purchased the property in late September of 2017...
Patrick McCracken
Question about closing costs?
Hi, new Pro member and have a question about the rental property calculator. I'm trying to figure out what needs to be included in closing costs. I see a lot of people use a low % (2-3%) for closing costs but shouldn'...
Kevin Jackson
Zillow.com
How accurate is zillow.com when determining the true appraised value of your home?
Nick Seginowich
1% rule or 2% rule?
I’ve heard both the 1% and 2% rule thrown around on bp, and it seems to me like these are pretty different numbers. Does anyone actually find 2% properties? And I feel like the 2% rule is more of an exception rather t...
Rebecca Creech
Where can I get help completing a loan assumption application?
I am trying to complete the required application to assume a VA mortgage loan from my parents. The loan assumption department for the mortgage company finally emailed me the paperwork to complete the assumption applic...
Keith Roberts
At What Cap Rate % Does A Property Become A "No Brainer"?
Greetings Everyone.Curious to get some seasoned opinions on at what Cap Rate % makes you pull the trigger on a deal. I've had some people tell me anything over 8% is a good deal (to me a good deal means positive month...
Savannah King
WHolesaling Deals W/ Out Seeing Property
Hello All, I've seen people say they've wholesaled a deal without physically seeing the property. How do you determine what you will sell the property for?I understand the process of finding ARV and then multiplying t...