Michael M.
If you could. Who would you mentor?
Personally, I think the smartest person in the room, is the notes investor. Why? Deals need money, money needs security, and security needs yield. Within the activity of real estate for the purposes of ROI I would muc...
Marcel B.
FICO Score: Best way to increase it.
Hello,I plan on buying my first multifamily this summer with an FHA loan. My lender said that I need a min. 650 FICO score and that they "take the middle score". My scores are as follows:Experian FICO Score 2: 586Expe...
Thomas B.
Rate & Term Refinance. Partly (1 of 3 units) Renovated.
I bought my 1st Investment Property back in June using $99K cash offer from a HELOC. I knew going in that it needed extensive repairs including new roof and foundation work and probably a rewire. I figured a $50k 401K...
Mike N.
Direct Mail Re-mailing Sellers
I am quickly coming to the realization that I will eventually be running out of sellers to direct mail in my area. Does anyone have experience with re-mailing sellers, and what is the success rate compared to the firs...
Christopher Persaud
Buying Materials for Rehab
Hey everyone, have any tips for saving money for a complete rehab?
I just purchased one and I am looking for tips on saving money on building materials.
One good one that I came across was The Home Depo...
Robert MacKinnon
Short Sale Double Closing
There are Five important points regarding Short Sale Double Closings (A to B; then B to C): 1) Necessity of Title Insurance for the A to B transaction; 2) Necessity of Disclosure to Short Sale Lender ("SSL"); 3) Neces...
Westin Hudnall
Step by step process needed for purchasing pre foreclosure and banked owned properties prior to hitting MLS once you have a list of addresses ; owner names ; and lenders :
Cash buyer with all the above info :What do I do now ?Thanks in advance :)
David Lamb
What am I responsible to compensate tenants who just moved in?
Hello- I am new to landlording. I have tenants who just moved into my condo and are requesting compensation for: (1) repainting (I had to repaint a wall in a different color than they originally saw when I took down...
Thad Morton
Property Management: PM software, maintenance & showings
Hello all, I'm new to Bigger Pockets and a residential property manager in the DFW area. Our company is currently a 2 man operation and we manage about 130 doors and growing. I'm new to the business but my partner h...
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How NOT to do business in Real Estate . . .
[b]NOTE FROM BIGGERPOCKETS ADMINISTRATION:
THIS DISCUSSION IS A VERY GOOD EXAMPLE OF HOW NOT TO DO BUSINESS. I HAVE KEPT THIS ON THE SITE BECAUSE I BELIEVE IT IS IMPORTANT FOR NEWBIES TO READ AND LEARN FROM.
PLEASE ...