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I really do not want to raise the rent, but am I being smart about this or just being a naïve newbie landlord? I am a newbie at real estate, landlording and property management (going to be 1 year on May 4th 2016). ...
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We understand every realtor can write up their commission structure (to a certain legal degree), but we want to know what the standard commission structure usually is in Raleigh, NC. What would be the "off the shelf a...
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Xpress loans 911 is a major scam!! Andrew of Xpress loans sent me a term sheet for 15% down at 6-8% interest on a 30 year loan in which I had to pay 1,295$ commitment fee. Once I paid and went through the loan process...
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Over the past few years as I travel the country, I hear more and more people saying that their municipalities are now requiring Landlords to let the city into their rental properties. On top of that, the Landlor...
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I have listened to some podcasts, and have heard people saying they got their first 7 properties in 11 months. Some even crazier. I have 5 properties, but I have used all my money to purchase these properties at 25% d...
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In the process of purchasing a 4-plex at $50k. Total rehab costs are estimated $30-40k. Some units need more work than the others. The 4plex has 2br,1bth. The units would rent for $550-600/mo/unit. Have about $30k ski...
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I own a 3-family property in Massachusetts and use a property manager to handle nearly everything since I am currently out of the country. I've used this particular manager for 2+ years now and haven't received any co...
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If anyone who is newer to note investing needs a refresher course on what caused most of the NPLs we buy to be available, read The Big Short or go see the movie. Fascinating how corrupted Wall St. brokers and rating a...
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This is probably the best article I've seen so far on what is going on in the mortgage marketplace.
The Coronavirus Meltdown
The current Coronavirus crisis is having a critical impact on the Mortgage Industry, whic...