Collin Hays
VRBO now charging guests 20 percent for a booking
Wow, it's getting to where it's VRBO is the one making all of the money. 2 years ago, the service fee was under 10 percent. If you add in the owner's portion, VRBO is carving off 30 percent or more per reservation. ...
Greg Ghunt
Fannie Mae Homepath Foreclosure - problem with deed description
My closing attorney wants to walk away from this Fannie Mae Foreclosure property, get my deposit back and forget it. Essentially, the deed does not describe the property boundaries, but rather refers to a lot number o...
Pamela Gondeck
Our buying agent is incompetent - need input
We’re buying a coastal property and made the mistake of not getting references for an agent in that area. The one we ended up with is incompetent. Skipping past other issues to the about to be deal-breaker: We’re past...
Account Closed
A fraud story in our first BRRRR!
Hey guys, I want to share an interesting story with you, so newbies like myself remember to take extra care when selecting a contractor or anyone, really, for your team. My husband met this local contractor (let's cal...
Cole Puterbaugh
3-unit mfh severely underappraised
Under contract for a 3-unit mfr in Cleveland. My first purchase. Purchase price is 177K.Appraisal is 138K.I cannot make up the difference with cash since I'm already at the top end of my purchasing ability.Is ordering...
J. Tyler Moore
How to be a hardmoney lender - without the work?
Hi everyone!It recently came to my attention that my grandfather has way too much money sitting in a standard savings account earning a pathetic less than 1% interest rate. My grandfather's gears turn in money and I'm...
Alfred Bell
Does anyone use a Checkbook IRA LLC?
I currently utilize a self-directed IRA. My IRA monies have been invested in a real estate project. I'm coming out of that investment soon and I now want to use those IRA monies for buying at trustee sales. This "Chec...
Jason Eyerly
What is the point of Cash Out Refinancing?
Hello Everyone,
So I've just learned about the cash out refinance option while perusing bigger pockets forums, but I don't understand why you would want to do it. Using the following scenario I was hoping...
Patrick O.
Having trouble with the site eRentpayment
I had a rental payment processed on 10/4/17 and still haven't received payment. Their Facebook page has a post saying processing that's normally 2-3 days will be 3-5 because they're changing banks. They never sent not...
Brian Curley
Real Estate Crowdfunding - Can it work?
Hey guys. I'm an emerging real estate developer in the NYC area. I've been exploring the pathways of raising capital for new projects, which led me to crowdfunding. My background is in investment banking and with th...