Scott W.
Tired of people ripping on Detroit
The city, of course, is bad for investing. There's crime in every city I wouldn't touch with a 10' pole.
Have you not seen the appreciation numbers? Think it was 20% last year & 10% so far this year. Plus, the c...
Jeff L.
Raise Rent on 17 Year Tenant?
Hey BP!I recently acquired a duplex (two separate structures) in Colorado Springs. I rehabbed one of the homes and doubled the rent with a new tenant. The rent of this unit is almost double the mortgage payment for bo...
Lloyd Segal
Economic Update (Happy Memorial Day)
Economic Update
(Monday, May 31, 2021)
The one place that's rip-roaring in our economy is the housing market. In fact, home prices are accelerating, as the Case-Shiller 20-City Index shows. Year-on-year gains rose ...
Geoffrey Serdar
Engagement Fee for a loan: LENDBASE
Have any of you ever heard of an Engagement Fee for refinancing?
LENDBASE has the following fees
Conventional:
1% origination fee
$500 doc fee (est)
Title Work TBD
Appraisal $2000-$3000
Environmental $0-$20...
Al Williamson
How Can Landlords Profit from the Internet-Of-Things
Wi-Fi enabled sensors will soon be embedded into nearly every product so "owners" can monitor the data the object sends. A gate may send a signal meaning "I'm open" and a chair may send a signal saying "183 lbs." ...
Mario Brown
Drop Energy Bills / Raise Rents
I am repositioning an 8- Unit Apartment (Photos Here ) In my analysis i knew that the property was being under rented & with capital & aesthetic improvements i could drastically raise the rents. Rents are n...