Pavel K.
Need help Pro Rating rent the correct way for the lease
Hi everyone, I need some advice on how to structure a 12 month lease prorating rent.
The tenant begins her lease on July 15 and the total term is 12 months. She will give first and last months deposit upon signing th...
David Schach
Why its critically important to estimate correct and NOT be greedy
I was looking over some notes on a property that I missed on back in 2010 in a decent area of Oakland, CA. It was a a lead from a BP member that i wont name. He was trying to wholesale the deal to me and had a contrac...
David Dey
2 questions every lender asks. (If you answer correctly guarantees funding)
I just read a post here from a gentleman asking for a lender who would either lend on the down payment of a house, or lend on the entire purchase of the house.
The responses were mainly that there are no hard money l...
Atwan Kwan
Correct ME if I'M WRONG....BUT.....? RENTAL is a BAD idea......
Wouldn't putting down a mortgage on a Rental investment be a TERRIBLE long-term investment if below factors are true....?-no appreciation-rent value is no MORE than monthly PITIIf those are true, you would do better k...
Account Closed
Please verify if I'm calculating correctly - $500 K 5 unit building
Hi Everyone,
I have gotten a lot of great information from this site and am currently looking for a property in Chicago. My wife's parents have several properties and have suggested that we look into buying theirs. ...
Aaron Nguyen
Is this the correct way to look at real estate basics?
Hey BP! I've been spending a ton of time studying up on real estate and what I've come to form in my mind is this. For starters, you're going to have to find a good deal(with a motivated seller), then get it under con...
Steven Lewis
How to properly pay back a LOC for correct write-off
I was blessed to have money gifted to me from my parents from their LOC (line of credit). The LOC comes with a monthly payment which I am looking to pay so I get that tax benefit. I'm looking for advice on the best wa...
KHALID B.
Foreclosures I want to know how to talk to people correctly
I am a beginner in foreclosures My job is to basically call the people on the list and tell them I’m interested and see if there is any mutual interestIt has gone horribly so far Most of them hate my guts and curse m...
Steven Ellenwood
How To "Write" A Mortgage Note Correctly To Sell In Future
I will be giving owner financing, writing up a mortgage, for a young family on a house I own. They both have decent jobs, but their credit is down from former divorce and other things.The house is $25K, they are putti...
Ryan Esposto
Hired a Prop Mgmt Company, failed to collect correct deposit amt
- Hired a property management company in May 2011 to manage my rental property- Typical management agreement between me and the company, included clauses saying that 1) they would collect a deposit equal to one month'...