Jon S.
Triplex valuation
How does one evaluate the value of a triplex using income? If for example, rental income is expected to be $3000, how does that effect the valuation of the triplex property?I know how to analyze the cash flow, the Cas...
Nicholas Novak
Mobile Home - Taking Over Payments
I have a lead on a MH in a park and all she wants is the last year of her finance agreement paid for, 2400, I think it's worth 8 to 9k.Is there a way I can take over payments while still transferring title, I know thi...
Lesley J.
Less than ethical lender
I know many of you are in the lending business and I know most of you have good ethical practices. I am hoping that what I am about to post is an exception, however I want to bring this to your attention.
In Januar...
Bryan Hancock
Ranking Your Small Regional Lender - Help To Come Up With Scoring!
Our guidance line relationships have grown of late to the point where we have put together a draft ranking mechanism for our "horses" in an attempt to get the most favorable terms from our lenders. Special thanks to ...
Account Closed
Screening Tenants can be heart wrenching at times
I'm using five minutes of my daily wind down to vent a little bit.We own a 3 bedroom 1.5 bath SFR in Monroe, WA that had the same tenant for the past 5 years. I'm hustling to get it ready for March 1st and have alrea...
Warren Robinson
Military area vs. non-military
Good morning BP, I recently retired from the military and now living in the Dallas area. I am looking into multi-family homes and always considered looking around a major military post given the fact that there are al...
Brit Foshee
Can Email Serve as a written notice?
I've done a google search, but I always enjoy hearing form the bigger pockets community.
Ray Taylor
Letter of Intent / Offer to Purchase
So I am placing an offer on a Short Sale and I feel like its just too lengthy. Below is the letter of intent, I have tried to make it personal and cover all of the details. Should I split this up into multiple documen...
Laura Verderber
My 1st Flip! Posting as I go. Mobile, AL
Hello everyone! I've been a landlord for 11 years but I've been really wanting to speed up my acquisition of properties. (Only have 3. Basically bought off the MLS when I had some money saved up for a down payment.) I...
Scott MacComb
Contract with general contractor on house flip
I am doing my first true house flip (have remodeled plenty of houses for rental) and am trying to figure out a contract to use with a new general contractor whom I have not worked with previously. After hearing about...