I've been asked to pay $1,365.00 for Appraisal fee, loan origination and processing fees before loan can be sent to underwriting. It's a 6 month fix and flip loan at 8.65% plus 3 points in and 2 out. It's my first dea...
Hi all,I have a situation where a tenant of 3 months has not paid his November rent. Our property manager has called, emailed, and shown up at the door trying to hunt him down to get an answer but got no response. A ...
I'm bored to death sitting in Quito. That is in Ecuador, on a LONG flight delay. I just put a deal together to sell a foreign property I wasn't counting on and it should net a fair amount. Â Â Â I've always tried to ...
I'm researching PMs in other markets we're considering buying in, and have seen some PM sites with info for prospective tenants. When I look at their apps, I have seen some with the following type of set up:
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Facing a difficult situation today. One of our landlords owns land for development which has become a favorite stomp for homeless people living in the woods. To add to the dilema, the hotel across the parking lot from...
How many of you out there use a Credit card for your investing BIZ or personal life? My wife and I don't use them because of the Dave Ramsey movement, but now that we are doing well with money I might consider it? wh...
So I know there are a lot of "Rules of Thumb" on the Residential side of Real Estate. As I try to transition into Commercial (Retail) I find that I have no idea on how to perform the proper analysis. What are the Ex...
I bought two property's in the city of Detroit and I have had them for a little over 3 months now and I was wanted to know the best way to sale or get money to fix and rent out then get a loan I'm stuck need to find s...
HEY BIGGER POCKETS FAMILY!!!!Update from Baton Rouge, Louisiana here. I just got home after one of the longest days work I've put in in quite some time. I've been inspired to write a post here for several days now a...
Another post about not being able to find a property with only 10 days left in a 1031 prompts this question.In this current market, what is the best way to perform a 1031 Exchange successfully? Do you sell and hope yo...