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Hi!I am new to this Real State world, I have been, and still am a CEO and founder of a pharmaceutical company for animal health here in Mexico. Real state has always been a "huge" deal for me, I always looked at it as...
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I have a late paying renter in a turnkey property in Memphis,TN. The management company is accepting partial rent payments from the tenant. I know in California if a landlord accepts partial rent, that may have a...
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Hi all,I am working on a turnkey in Kansas City, MO and the appraisal (ordered by me through company referred by Lender) returned an appraisal that was $21k below the contract price ($162k ->$141k). The seller the...
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Hey everyone,If you're able to purchase properties well below the appraised tax level, I highly recommend appealing to the county to have your property taxes lowered. It doesn't require much effort although it's a sl...
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I'm looking at an 8 unit complex in San Diego that I am researching converting to condos to sell individually. I've read the info bulletin 539 from the city and looks mostly straight forward but can't tell if it's a g...
I'm in the process of doing a refi and have my rate locked. Every time I get a revised estimate statement during the underwriting process, the points have changed. They were initially 1.5%, a week later .5% and now .9...
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From HUD website:Federal Housing
Administration Increases Dollar Amount Threshold for Large Multifamily
Loans to Be Eligible for Standard Underwriting
Change facilitates greater flexibility for lenders when under...
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Once you receive an approved building permit, and at the last minute decide you want to extend the porch a foot out, or add a covered deck, what would the typical process to do so be? I'm assuming some sort of approva...
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Hey BP! Looking for tips or language to add to a lease (especially during covid) that better protects the landlord against tenants choosing not pay. Has anyone made revisions during this crisis that create greater...
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PERMITSYup... That dirty little word that can MAKE or BREAK a project timeline / budget! I know of many investors that have had their hopes, dreams, and BANK ACCOUNTS devastated by ineffective permitting processes. I...