Franky Na
Canadian looking for mortgage options for US property purchase options
Hi All,I am in the process of purchasing my first investment property in Texas. I am a Canadian looking for Loan Officer and Mortgage Brokers who specialize in helping Canadians and DSCR Loans.Looking to see-1) What's...
Aaron Moayed
Property Management Keep These?
If a tenant breaks a lease/wants to leave early, do I keep the deposit or does the property management company?How about late rent fees? Pet fees/rents? Security Deposits if damage is done to the property?I’m just try...
Sheryl Sitman
How to Choose Property Management
When i started investing 14 years ago while living overseas, here is what I imagined in my head. A PM will collect rent, have periodic friendly interactions with my tenants, handle maintenance issues the same way they...
Jeff Moore
Agent Commissions too high?
Selling my SFR, real estate agent put a total of 10% of the purchase price on the fee estimate. 6% for him and 4% for the buyer’s agent.
This seems excessive to me.
Is it?
Every google search yields “average of 6...
Mario Rosales
Looking for legal advice RE SDIRA funds lost in failed house flip
Hello BP community, I invested SDIRA funds as an equity partner to fund a high value house flip in the LA area. The contract was done via an Op Agreement / Promissory Note. However, the flipper miscalculated rehab c...
Eric C.
What to put in lease to protect Landlord for multiple Renters
I got a situation where I have 3 roommates looking to rent my 3 bdrm house. Obviously, not the most ideal, but it's already the end of the month. 2 of the roommates have a few thousand in the bank, and the 3rd ha...
Kyle Wakeman
Ways to protect myself when making offers
Hello. I am looking to make my first offer and it is a complex situation on the seller's end (POA is selling the house) and their agent is fairly new to the business. I do have an agent helping me with the purchase a...
Susanne Owens
Lease Option Purchase
My husband and I are 1 week away from our first real estate purchase that is not our primary home. We are using a checkbook 401k to purchase home and we were planning on long term renting it. 12 mo lease minimum. I wa...
Aksel A.
Owner Financing as Exit Strategy
Greetings,This case may possibly be one of those classics, but doesn't seem to come as common, so I'm asking for posterity:- I have an ongoing flip in terminal stages backed by an 80% rehab interest-only loan due in 3...
Jack Goff
Utah Unique Situation please help me understand
okay I'm renting a house in Utah, and my contract ends at the end of August. up until August 6, I had been told by the landlord I could renew my contract for another year, which I planned to do.
but then on Augu...