Jenny Nguyen
Can PM company declines an application without any reason
Hi everyone, We accepted an application with higher security deposit because of their credit score. We sent out an approval email and we got the response with unpleasant attitude stating that we were trying to force t...
James Ross
Short vs Long Term Rental Recurring Costs Summarized
Hello Bigger Pockets! In keeping with my habit of “do some research, write a post,” I’ve been looking into short and mid-term rentals as compared with a more “normal” long term rental. Specifically I’ve been trying ...
Mel Hayes
Experience with applealing Property Tax and receiving refund?
Does anyone have experience appealing the property value of their investment property and receiving a refund IN Memphis? If so, please share your experience. Did you use a company? Did you go through the process yo...
Larry Johnson
Termite report within 3 days of closing
Please advise: I'm in the process of selling my rental property and is expected to close in 3 days. Today, my realtor notified me that a termite inspection was completed and that she needs permission to authorized the...
Luke Spooner
What are the relevant metrics to measure a successful BRRRR plan?
Good afternoon BP! I'm reading more now than I ever have, trying to get myself in the best place possible to start my 1st Real Estate venture. My Road map is almost complete but I wanted to see what the community says...
Chad Wagoner
Searching for a podcast about brrrr
I listened to a BiggerPockets podcast a few months ago. The person they were interviewing talked about buying the property with cash putting the cost of the rehab in escrow at closing. This bypasses the refi seasoning...
Zach Nelson
Tenant caused mold from leaving unit humid, who pays?
I have a tenant who lives in a walk-out basement unit in central IL. She rarely runs her heat and hasn't used the A/C once in the two years she's lived there since being sunken into the earth keeps the unit fairly co...
Greg K.
Very strange Short Pay/Sale clause in banks agreement
Has anyone ever seen such a clause in a contract(approval letter with terms) for a hardship based Short Pay, or even for a Short Sale?)"Dear Customer(s):Select Portfolio Servicing, Inc. (SPS), the mortgage servicer on...
Account Closed
Would my situation require a RE license or LLC?
I am currently in the learning stage about wholesaling. If I were to find a deal for a wholesale investor, and pass the sale to them for a cut of profit in return, would I be legally allowed to do this without an LLC ...
A.J. Bardugone
Buying from sellers in a bankruptcy
Hey all.Would anyone with experience buying homes from sellers who are in an active Chap. 7 or 13 bankruptcy speak to the experience? On the surface, it seems as if they'd be difficult-to-close, time-consuming and po...