Ted Schmidt
Paradigm shift in mortgage lending opens opportunities for rent to own.
A fundamental change in the way mortgages are regulated took affect earlier this year. Provisions of the Dodd Frank Law created the ATR (Ability To Repay) rule and QM (Qualified Mortgage) safe harbor. If the lo...
Tobias Martinez
House Hacking Question (Bay Area California)
Hey everyone,
I’m in the process of looking for a lender in order to figure out what sort of loan I can get approved for.
After running numbers for some single family homes within the county I am shopping in (Solan...
Alexis Scott
How do property managers manage 30+ properties by themselves?
Hey BP!
I am a current leasing agent located in Durham,NC. I am thinking of starting my own property management company. I would be the only person managing until I build up a great team.
My question is: How do pro...
Want to know how to start a business? One that will help you reach financial freedom, find purpose, and give you more opportunity to spend time with your family? Those are the reasons why almost all of us get into rea...
Joseph F.
Cat Smell
In a property I recently purchased, I gave one of the tenants a Notice to Terminate. Not only were they giving me the run around with respect to rent but they had four cats in the apartment and were very dirty tenant...
Andrew Propst
With the contested election where is the housing crisis headed?
There is a lot at stake in this wildly contested Presidential Election. With such serious topics as; COVID, climate, immigration, the economy and housing, partisan approaches to housing and the inclusion or exclusion...
Jonathan Bombaci
15M Freddie Loan Advice?
We’re working to take down a $20M, 132 unit asset in Northern MA (between Boston and Nashua). This is my biggest loan to date and this came from a new lender relationship. Is there anything here that looks questionabl...
Steve Driscoll
Tax Implications for Seller who is owner financing personal home
I am interested in purchasing the home of an elderly couple who wants to sell. They have owned the home for a long time and have seen 10x appreciation. This is their personal home. In the event they owner finance, ...
Ryan Watson
Creating residual royalties.
I have an interesting subject to share, not sure how common it is but I like it. I had an old timer tell me in his exact words (im 25) that you cant take a shit in xxtown without paying the "rich family name". From wh...
Matthew Gil
Economic Stimulus Plan
I can't be the only one that thinks that this Economic Stimulus Plan is not a good idea.
The US Treasury is going to go into more debt, so that people can buy more crap at Wal-Mart?
Here is my plan and it is a simpl...