Pat P.
Advice on Calculations to Foreclose Non-Performing Note
I want to foreclose on an old note. Willing to pay $100 for best answer to all questions asked below to show appreciation for your time. Please DO NOT raise statute of limitations issue. Questions are bolded below: ...
Will Sifert
any tips on how to save money on mailers?
Just starting out in wholesaling and have narrowed down a list of potential sellers I want to contact in my area. I am about to send out a couple thousand letters but I haven't bought stamps in years, what do they go ...
Michael Rosenson
Note Investing Rules of Thumb
I was wondering what some rules of thumb are that people use when evaluating note investing opportunities to narrow the focus. Obviously these would only be guidelines but I'm curious what others use to limit the scop...
Christopher Perez
50% of Loan Requests get Turned Down Due to Improper Packaging
Preparing Loan Requests That Get Funded Lenders are driven by many factors; one of them is self-preservation. Simply put, no lender wants to make a deal that goes “upside down” Therefore, a would-be borrower, wants to...
John Chapman
How much experience as a landlord do you need for credibility?
Okay, I'm writing this post, because I just read a blog article on the BiggerPockets blog about turnkeys working from an investment perspective. The problem is that the author has been investing for less than a year....
Lieren Schuette
Where Do You Save Your Money?
Hello everyone! I am a new investor in the process of building my real estate savings, and I'd love to hear where everyone is keeping their own money while waiting to invest it into real estate. I want something wit...
Greg Moore
Please join me in roasting crappy Appraisers!
The role of the Appraiser is an odd one: Way too much art (opinions) and way too little science (data-analytics), with way, way, way too little accountability. While the world embraces tech tools to automate workflow...
Nicholas B.
Mortgage Underwriting Guidelines & DTI - (@Bill Gulley)
In another thread, @Bill Gulley and I had a brief discussion on underwriting guidelines. Rather than take that thread off topic, I created this one to hopefully further the discussion. The main contention was whether ...
Kathlyn Lewis
Tenant late with rent - what to do
Hello!
New to the Landlording game. We recently bought a duplex in Boise, ID and inherited tenants. This is the first month we are collecting rent.
One of the tenants has informed us that she will not...
Bienes Raices
Doubling security deposit for high risk people
I've been reading another forum and they recommend charging twice the security deposit if the FICO score(s) is below 600. Has anyone tried this and if so were the people willing to pay?
Also I was wondering how peop...