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The borrower seems ready to pay off his loan. His escrow company has asked me to sign a Request for Reconveyance and a "Beneficiary's demand". I have not yet received the original loan amount back yet. Shouldn't I be ...
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What states other than Texas has a termination option clause in the state promulgated contract? In other words what states have an option period as a standard part of the purchase process?
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When dealing with hard money lenders;My questions are -While making monthly payments to your hard money lenders;1) Do you still pay insurance and taxes? If so to whom?2) If using an agent, is their commission paid out...
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I tried apartments. com this month for the first time. Most tenants pay directly by zelle but I am trying to get one tenant from sending checks because USPS delivery isn't consistent these days. So she makes a payme...
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We are under contract, but the listing agent did not disclose the Working Capital Fee in the HOA Disclosure. The cost is $851. Can we hold them responsible? This is one of several mis-represented or negligent disclos...
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I am getting prepared to start deep diving into getting financing for a multiunit rental property. My initial understanding was I wouldn’t need about 20% down. But after a lot of research I see a lot of people are get...
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Hellp BP Family, Just a quick question, have you all recently been receiving about a dozen Posts from the General Landlording & Rental Properties forum? I want to say I used to receive maybe 2 or 3 a day but, in ...
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Question for the BP Forum: If you invested $100K and received $500k back, is that a good deal?It depends...We need to consider the length of time it took to receive that $500K.That's where the IRR, or internal rate of...
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By my calculations we've assisted nearly two dozen out of state or area investors acquire, furnish and launch vacation rentals on the Oregon Coast the past two years. The typical investor profile is GenX or millennial...
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Hey All,I’m new to BP and short-term/vacation rental (specifically Orlando, FL area) is what peaked my interest into real estate and I have been immersed in gathering information. I have been trying to run numbers and...