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Hey Everyone,About to originate a new loan for one of my borrowers. I've never used a deed-in-lieu of foreclosure before, but a few friends have told me to include it in my packet. Question: If I have the borrower's s...
Closed on a property in march- 3-unit fully occupied. They were all midway through their leases which were transferred over, new leases were not signed. I just gave a tenant 60-day notice that I was raising rent as ...
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Hi All,
Hope you're all surviving and thriving during the Corona-pocalypse! In an effort to spend my quarantine doing something productive, I am trying to teach myself how to code apps. I've decided to try and work o...
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Listing Agent showed me a home, Can another agent represent my interest after the listing agent showed me the property in michigan. I found out i may need a buyers agent?
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Hi Everyone,I hope everyone had a great year and will have a better one this year with only good news.I just closed 2 days ago on my first investment property. It is in Fort lauderdale, Florida. I live in NYC. After n...
I've heard that I should shop around for mortgages, but do I need to do this at the pre-approval stage? And am I correct that I'm not tied to use the lender who pre-approved me?
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I recently shared the idea of Wholesaling to a Real Estate Agent. (she is new to Real Estate)I regret sharing the idea with her. She pretty much scolded me and said that it is illegal to practice real estate without a...
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I was wondering if I could get some advice on setting goals. I have been watching youtube videos on goal setting but I'm still needing more help. I've noticed a lot of people set S.M.A.R.T. Goals. I also read through ...
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I recently checked in on a deal that I lost in December because I offered too low for the seller to accept at $22,500. It was a smaller home around 1050 sq ft, 2 bed 1 bath. Potentially 3 bedrooms due to funky floor p...
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I have a house that every month the person is late. I charge late fees and so far he has paid them. But he is still late VERY LATE every month. I am continually running into trouble because I have to hound this guy...