I'm sure most folks have seen that JPMorgan Chase is tightening mortgage borrowing standards. What does the economic outlook mean for hard money lenders, and for portfolio lenders?I know it's not conventional lending ...
Hello guys,After lurking around the forum for a while, I finally signed up. This is my first post!So many knowledgeable and helpful people post here. I've learned a lot just by reading (and reading, and reading...)I w...
I just purchased a duplex 2 weeks ago where the rents were almost half of market rent. I decided not to do what everyone else in Portland is doing when they acquire a property--namely kick out all the tenants, rehab,...
Hello BP Crew,We recently had a contractor in Montgomery, AL go look at some potential properties we were going to bid on and one we had a contract on. He never mentioned charging us for anything and we just asked hi...
Hello all, Ive recently purchased my first rental property ( a triplex) and have discovered uneven subfloors. The house is 100 years old and i do not suspect foundation issues.. The floors in two rooms had a wavy look...
As an investor, it didn't make any sense why I was letter a buyer's agent collect 2.5% of the purchase price, for the minimal return I was getting. After many sales, I knew the real estate forms well and had the buyin...
What are your thoughts on this? It is supposed to take start 2013.
You think this will actually go into effect?
I have found a deal that I am interested in - a 4 flat (including basement and attic) that would have good cash flow. The one thing holding me back at the moment is the fact that there is no heating or air, something...
So the word is getting out.... Stage two bubble is here, but I'm curious about my neck of the woods. Have any of the Florida realtors notice a slow down in the past month?