Karen Johnston
Security Deposit deductions California
Hello All,I have a single family home in CA where I reduced the rent by $175.00 a month in exchange for landscaping services from the tenant. As I switched tenants within one day, I have little, but I believe suffici...
Iliya Muzychuk
AI & GPTs in Deal Review & Underwriting
Hi All,
Wanted to share this experiment I ran on training my own GPT to review deals easily from screenshots. All I do is drop a listing into it and it can analyze costs, financing, comps, and so forth as I train th...
Kole Kingslien
My First Rental Property-Questions
Hello everyone,I just purchased my first rental, made it through the screening process, have a move in date set for a qualified tenant, and am wondering about what kind of documentation I should be preparing, and in w...
Justin Lemaster
How does everyone feel about the Hud changes?
Just curious to see how other professionals are doing with the loss of the HUD-1 Statement? How have your closings gone? Would love some feedback! Happy Friday everyone!
Jared Pfaff
Do anyone have a template for private money agreement with friend
I have been buying fix and flips along with brrr deals doe 4 years now. It has fought the attention of a few friends that have asked to put some money in for a return. I will still be using majority of my own money an...
William Abanyie
Los Angeles Rent Controlled Units Rent increase Exceptions.
Passing on some information for all Los Angeles Property owners subject to Rent Increate. Here is a document I found that details acceptable reasons for rent increase. Including your tenant adding another resident t...
Daniel Carrillo
Laramie,Wyoming development plan update!
Hello Investors around Wyoming and NOCO area. I wanted to share this information for those who are invested or interested in the Laramie market. The link takes you to Laramie's development plan, which addresses the ho...
J. Lamar Ferren
Is There an 8 day law for Loan Officers to hold the buyer's info before processing?
Has anyone heard of a law that says a Loan Officer must hold the Buyer's Information for 8 days before they can attempt to close it?
A friend of mine has been trying to close his home for months and is basically havi...
Ken Nyczaj
How I got my first Residential Contract of Sale signed.
Hey everyone, for anyone starting out I just wanted to give some information and knowledge about how I got my first contract signed. Not closed yet! But signed! Inspection is going on this Saturday.Since the end of 20...
Benjamin Dutil
Help with cash out refinancing
Hi BP community. I bought a 3-unit with cash borrowed from a friend at 4.5%. I wanted to implement the BRRR strategy right away. I bought the property at 60 cents on the dollar. I sought a cash out refi from my local ...