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Does anyone know a great source for phone calling scripts for various aspects of real estate? I just brought a few people on board who will be handling qualified leads and am looking for "Subject-To", "Seller Financin...
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When getting an owner’s statement from your property manager, how do you have them break down your smaller, monthly expenses vs. big ticket items? Do you pay for big projects separately or does it show up on your mont...
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A brief bit of background: The below checklist is intended to be used during the due diligence period for 2-4 unit properties. It is cobbled together from many sources and so may have some items which are "non-standar...
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Hi all,Every month I spend 2-3 hours translating the Appfolio cash flow report I get from my PM into double-ledger accounting for Quickbooks. First I do the Appfolio translation in a spreadsheet until I get everything...
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I had some bring this up recently about buying x% over listing, and having the seller pay you back the difference which you use for the down payment.Can the seller "fund" me any amount during close?What am I missing o...
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Hi All!I am buying my first Multi-Unit, super excited. One thing I am trying to figure out though is how to properly verify all the tenants are actually...1. Paying2. Paying on timeWhat things should I be asking for f...
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Buying a home FHA and my grand father gifting me$2500 but FHA requires 2 months bank statements. My grandfather is a business man and all his financial is confidential so what are any other options? And wiring the mo...
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Is it legal to ask for tax returns/W-2 when screening Tenants?
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Hi there,I am refinancing a cash purchase after 6 months. The lender is asking questions about transfers between accounts and 2 year records for others. I don’t recall having to do all this work last time I refinanc...
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Hi all,We were supposed to close on a property in Indianapolis yesterday. The property is a short sale so the bank needed to approve the HUD statement but didn’t until it was too late to be able to close yesterday. Th...