Among all the paperwork involved with taking out a mortgage, it is very easy to let your mind wander and simply sign on the dotted line. But be careful, you should read through the details of the loan.You have to ask ...
1) Do you keep a maintenance log where tenants can submit their requests? If so, what do you use or how do you do it? I was thinking of creating a 'form' by Google Docs and in the move-in inventory check-list mention...
Hey everyone, what's the right way to sign a listing agreement with a landlord who is an LLC/S-corp/whatever? My managing broker kicks these back sometimes and doesn't care other times. I always default to putting the...
I have what might be an unusual situation and I want some advice and thoughts from the BP community on how to best handle this. Back in the 1950's my dad purchased 2.5 acres in what would later become my hometown. He ...
I plan to do direct mailing to property owners. Let’s say an agreement for a duplex or a triplex is agreed up 100% seller finance. Non recourse.. If the asking price is 800k and about 5% interest rate.. using a mortg...
Have you ever put an offer on a property at asking price or below asking price even though the CMA states the property should be listed for an amount lower than what the owner is asking?For example, the owner has a du...
Hard Money Lenders list. Are these lenders legit?
Happy New Year everyone!! I know I am a bit late, but I wanted to share the highlights of 2021.
I started my Real Estate journey late 2019, a friend of mine encouraged me to get into Real Estate and I spent the rest ...
I fully intend to get a lawyer involved if it gets to that point but I figured I would see what you all think of this situation. My property manager received a letter from a current tenant stating on June 1, 2020 her ...
If I were to purchase a property solely with private lenders (say 3-4 different individuals) using debt financing (i.e. I own the property and they are the 'bank'), in addition to the Promissory Note should I also sig...