Shiraj Haque
House Hack: Understanding Tenants
Hi BP nation.I’m relatively new the real estate game. I just finished Craig Curelop’s “House hacking strategy” book and it was definitely eye opening with a lot of great info.One thing that has always concerned me how...
Tanim J B.
Understanding Lease breaking fee
Can you please help with General understanding for early lease termination.If Lease says, 1. Tenant must pay early termination fee. equal to 1 month rent.2.Tenant will continue to pay rent and utilities until a re...
Parker Russell
Help me Understand - HELOC
Hi Friends and happy Sunday!I have a question that I would like to ask your guys professional opinion. I have a friend that I work with on my shift. He owns one rental property. In speaking with him about my aspiratio...
Armand P.
Understanding how I'm taxed
Hello BP!It's been a few months since I've posted on here, but I am happy to share that after years of analysis and paralysis I finally took a huge leap into R.E! My old colleague and I started an LLC in Vegas NV wher...
Martin D.
Understanding a Construction Loan
Hello BP,
First of, I wanted to say how grateful I was to have had you throughout the whole process of learning about real estate. The resources on this website (books, podcasts...) are phenomenal and you, community,...
Jim L.
Understanding foreclosure auctions better
What is the difference between estimated credit bid and judgement amount? I thought judgment amount was amount owed on house including any fees/taxes, etc. Are banks really going to take a large loss on a property j...
Siouxzie Hanes
Understanding loan origination fees
Are origination fees different across the board and is there a cap?My estimate was 4.8% rate conventional bank statement loan was high but was okay with it. Now it's coming back as 7.2% when they sent the paperwork an...
Chelsea Hall
Understanding Project Estimator Report
I am new to the bigger pockets Project Estimator. Can someone please explain the difference in the following categories. I was unsuccessful trying to google the break down of each (I am mainly curious about the total ...
David R Duitsman
Help understanding tax lien
Hi, I was looking at tax lien properties and needed clarification. I did email the treasurer and am waiting for a reply. But figured I'd ask here as well. The amount is in thousands right? Yearly tax amount was 700i...
Amelia Foronda
Understanding Hard Money Lending
I'm not looking for step by step but wanting to make sure my processing is correct.
I'm a realtor and have found a property I believe has potential for a great flip.
With absolutely nothing to offer money wise I wou...