Vivian O.
Have submitted 6 offers so far....
So, let me just say, this market is nuts! My boyfriend and I have been actively searching for properties and submitting offers and we don't get picked. Our realtor who also invests in real estate has helped us submit ...
Mark Gallagher
Diary - Buying a non-performing note NPN from start to finish
For the past few months, years perhaps, I've been trying to soak up knowledge in the area of note buying. It has been especially intriguing to me since my partner and I handle a large volume of foreclosures and I get ...
Michinori Kaneko
Property manager pocketing late fees
Hi BP,I have used my property manager for about 9 months now, so far i've been happy with what they have been doing. I signed a contract with them back then, and every property which I have acquired and managed has b...
Rhondalette W.
Eviction on record from 7 years ago (2008) do you rent to them?
Trying to find our first tenants. We have found a couple that we like, however the husband has an eviction from an apartment in 2008. I have heard some say that if a person has ANY evictions they would not rent to the...
Andi Sjamsu
What are negotiating best practices?
Good morning. We were looking at 2 potential properties and last week we eliminated 1 of them and put in an offer on the other. I have it in my mind that I would do "3 strikes" meaning that I'd put in an offer and a...
Michael Schutte
What loan fees should be negotiated?
We received a good faith estimate that has:
1% loan origination fee ($1254)
appraisal fee ($350)
credit report ($15)
processing fee (500)
underwriting fee (695)
wire transfer fee (450)
I have heard that all fee...
Ivan Wong
Help with HUD Are negotiations possible?
Hello, I am in a particular predicament with buying a HUD home. The house is in escrow, appraisal came in and now we want to LOWER our initial offer to match the appraisal. The appraisal is $8,000 above HUD's askin...
Ibrahim Hughes
Can Junior TAX Liens Be Negotiated?
Here in NJ (and I'm assuming it's the case in virtually every tax lien state), older tax liens have LESS priority than newly created (and sold) tax liens (Unlike mortgages where the reverse is often true).
...
Patrice Boenzi
Wholesaling - Is It About to Change?
The Real Estate License Act (RELA) of 2000 is about to sunset. Check out the changes they are making to the RELA regarding wholesaling. How do you think this will affect things?
Excerpt is taken from the article pos...
Jonathan Greene
What are your real estate investing goals for 2025?
What are you looking to do in 2025 to grow, regulate, or downsize your portfolio?I am looking to add:- one syndication investment (not multifamily because I invested in 3 multifamily syndications in 2024)- three turnk...