Jay Hinrichs
The 2% rule kills values
As one who had never heard of the 2% rule or 1% or any of the other terminology that floats around BP,, I just became aware of the 2% rule. I was talking with a fellow from Oregon who was lamenting that there are no 2...
Han T.
Self-Originating Promissory Note and Mortgage
Hi All,A few questions here.1. Have anyone self-originated a promissory note (pledging their properties as first lien with a mortgage note) before? What I mean is, instead of finding banks, FHA, commercial loans or Ha...
Jay Hinrichs
national rent control
did anyone catch Prez Bidens comments on how he wants to pass a national rent control at 5% max rent raise ?? my worry is there will be other stips in that if it was to pass.. Or do you all think its just pandering to...
Josh Wong
Looking for CPA for Out-of-State Investments
Hello,I currently live in the CA Bay Area, but became a recent investor in another state. Curious if 1) do people recommend finding a CPA that is local to them, or a CPA more knowledgable in the state they are investi...
Robin Grimes
Tenant Applicants say the dumbest things
Stupid things Tenant Applicant’s say.
I had renovated a nice 4/3/2 and put it on the market for lease. Here are some of the comments from people who toured the property during the open house or called me from signa...
Alan M.
Getting into Hard Money/Private Lending
What's the best way to get into Hard Money Lending? Or private money? I.e. if I have capital laying around and want to lend it, how do I do that? Are there brokers that sync up investors with people looking for HM loans?
Vick Galu
Oahu Legal Paperwork.
Hey guys, quick question.Before i buy a property i wanted to know about the paperwork needed to be able to buy the property, could you tell me what paper work i will need to have as a buyer signed and ready when i hit...
Jeff S.
Living off rentals
While listening to Barbara Corcoran she emphasized the need to have other income while building your real estate holdings. I wonder how many actually live off rental income alone without having put in years of buildin...
Ben Roberts
I might sell if the price is right...
I sent out 75 yellow letters Thursday and had 4 phone calls as of Saturday night. 1 person wasn't interested in selling, one was interested in selling a different property, and 2 said basically the same thing "I'd se...
David Sanford
What are you doing to better your business?
What are you doing today to better your business? I've got a list of 10 banks im calling today to try to get a line of credit on a leveraged rental property! interested to hear what others are doing!