Sammy G.
How to CORRECTLY Determine the Floodplain Status of a Property?
Harris County is providing a free presentation to correctly determine floodplain status of a property. Here is copy and paste:--Date: Tuesday, August 7thTime: 8:30 a.m. (Before the auction)Location: Bayou City Event C...
Marc S.
Short Term Rentals - How do I set the correct partnership?
Hi All -I currently own 4 long term income producing single family properties. Purchase these SFR in the last year. I am now venturing into short term rentals. I shared with a good friend of mine what I've been doing....
Deanna Daily
Purchasing a home that does not reflect correct sq ft
Hi all!I am in the San Antonio market and hoping someone can help me with this question. I am looking to make an offer on a home that is listed on the tax records as a 1335 sq ft but upon measuring, it is actually muc...
Jason V.
The Current MF Market and Potential Repercussions of a Correction
Good Morning BP!Summary: How do smart investors hedge against market corrections in the commercial multi-family sector? And should required reserves for a property be factored in to calculations for CoC and/or IRR? Th...
Steve C.
Rooming House / Inn / Boarding House (not sure of correct name)
I have a property being offered to me at a great price and another investor that I'm friends with wants to go in on the property to set it up as a rooming house. It is zoned as a commercial "Inn / Lodge" but has not ...
John Horner
How are you preparing your investment company for a correction?
I've recently been stress testing my company and I'm curious if others are doing this?For me it's been as simple as simulating a correction and removing, for instance, flip income, as well as reducing gross rents. Th...
Andrew Clark
Clean title -> Countrywide corrected a mistake -> Mortgage Appeared - Need Help!
Bare with me...
Key facts:
Shane bought a home in 2006 with a Countrywide mortgage. Countrywide recorded their lien using the incorrect 'legal description' of the property.
Shane stopped paying his mortgage somewhe...
Reaz H.
Am I proceeding with default rent in the correct manner?
I closed on a quadriplex on the 1st of March. Immediately, I drove over and put in an information packet (which included rent payment instructions and a tenant information sheet) in a manilla envelope in each tenants'...
Shelly Smith
How Does Everyone Do a Lease Option (Correctly) In NC?
I have heard of so many different ways that everyone does lease options (subject to, lease with option to purchase forms, letter of intent, ROFR). I know NC's law on lease options affects the way we do them, but can s...
Naeem Kapasi
Where to find correct property tax value of a home
Hey guys,So I am analysing properties in Houston and when I look at various websites, for instance realtor.com, they usually have a number for how much the property taxes are for that property. One can also check the ...