Sai T.
Late rent almost every month
Hello BP members I receive the rent but always 5-10 days late with late fee $75/-This month I got this email from tenant “Hello i emailed you before the 1st to let you know that i wouldn’t be able to pay my rent unti...
Tiffany Smith
Real Estate License Question
I have been considering getting my real estate license just to sell my home and buy my new home. Even with the time i invested and the fees it would still save me thousands of dollars. Can an agent get a commission on...
Daniel Hart
What is a reasonable referral fee for a commercial deal?
I found a great deal on a piece of commercial property and passed the deal on to someone I know that is seeking this type of property. It's worth about $2.4M and he'll likely be able to get it for $1.3M. What is a r...
Jaquon Miller
Refinance or Not
Purchased a $535k duplex at 7.125% & have the opportunity to refinance to $548k at 5.75%. Payment is $450 cheaper ($4400 PITI v $3990 PITI).
This is a house hack where the tenant is paying $2100 in Y1 with rent s...
Wilson Feliciano
Mortgage rate shopping
So I'm now ready to start the pre-approval process to know what's my spending power as a first time home buyer. With rates going up in the last two years you could only imagine how scares it can be. What are things th...
Jennifer Rysdam
People keep backing out! What is your process?
I keep getting these people who want and qualify for an apartment but can't move in until 2 weeks from now or whatever. I collect the nonrefundable retainer of $250 (half of deposit), and then at the last minute they ...
Jeremy Mattson
Wisconsin - Real Estate Attorney Recommendation
Hi All, I issued a notice to quit to my first tenant and I believe I will need assistance from a local attorney for the eviction. Any recommendation will be greatly appreciated!
Shawn Crawley
Is this normal for an agent
In the process of getting prequalified for a FHA loan and I've been talking back and forth with a real estate agent (known her since I was a kid). I asked her how much usually is closing cost and she said 6%. Is this ...
Ron Cole
Short Sale..what does it mean to a wholesaler?
Hello all I'm the new kid on the block with something that's on my mind and I wanted to share it with you all.I was looking on line for deals and I came across a property that's going for $75,000. I've checked comps a...
Matthew Wright
Multifamily Loan Options
I'm looking for some direction in determining loan type.
I've only used local banks for my smaller multis. This year I plan to purchase a multi for $1 million or more (which i believe is the minimum for fannie mae/f...