Kim Hopkins
Best Practices on LOI with Deferred Maintenance
Hello! We have a commercial retail building in the 5 to 6 million range that we're looking to make an LOI on out of state.typically we do not see the property ahead of time before getting in contract, Just online due ...
Darwin Crawford
Source for pro-formas for practice underwriting?
Hi Everyone,So I just got my 4th SFR property, a nice condo here in Old Town, and good numbers. I've decided that my next purchase will be a multi-family, I've had a duplex, but nothing bigger. I've got a pretty hea...
N.A N.A.
Is this fraud and/or common practice?
Is it common for bankers to make loans, for themselves, in someone else's name? Utilizing the funds personally?
Hank Wu
Looking for Best Practices on Finding Funding
To all of the pros out there - what is the best place to borrow to start out? What are your thoughts on hard money lending, borrowing from friends and family? Is it hard to get a bank loan when I've only been working ...
Hanyai Bungals
Lending practices - Credit union vs. large bank
Hello,
A bit of background - I am attempting to secure financing for my first multi-family home to the tune of $150k in the Southwest Houston area.
Based on previous advice that I've received on BP, I approached abo...
Travis Bohling
Best Practices for MTR; Utilities, and Furnishings
Hi MTR investors and property managers,
What are best practices and innovative solutions for the 2 subjects below:
Utilities
1. During periods of tenancy who should have the utilities in their name, landlord or ten...
Vijaianand Thirunageswaram
Property Management Companies-Investor Perception & Practicality
Howdy,I want to hit on this topic in local forum since I saw related hot topic in the BP main forum. I know many have said that they don't like their property manager and complained and shared their expectations. I a...
Alex Rodolitz
Best Practice Questions For Online Auction Purchases
Hello,I am about to purchase a quit claim deed for a single family house in an online auction in Columbus, Ohio. When the title was run through a title search company, my partner and I were asked "if the owner is stil...
Dean Weltman
First wraparound, looking for some best practices
I have a rental I've owned for several years that recently and unexpectedly became vacant. I had some major under slab plumbing issues that needed to be fixed, plus the roof was overdue to be replaced, so I decided to...
Anthony Horner
Wholesaling Best Practices & Sight Unseen Offers
Hi BP Nation!Let's assume an agent (whether in-house staff or 3rd party vendor) has qualified a lead as a motivated seller and a live call has been transferred to an aquisitions manager (the person who negotiates/cont...