Bobby Burches
non-permitted upgrades and Occupancy/Use Permit
I recently came upon a property being sold in Baltimore, MD that has had an upgraded HVAC, Water heater, and electric panel installed. I checked the Baltimore permits site and there have been no permits pulled. This p...
Eric M.
What is considered Short Payoff Fraud?
BP member Scott Hubbard posted the Freddie Mac link below in another thread but after reading it, I thought it was important enough to highlight it on its own. To me, it was pretty eye-opening as to what Freddie (and...
Johnny Quilenderino
Where do bad credit tenants go to rent?
I have a new client that is looking to rent, but has horrible credit. He had a major medical issue, he survived (his credit, did not), and now is making decent money on track to make 120k annually. Where do we send cl...
Michael Roman
Knowing if your lender or investor is a fraud
Hello BP community,I find that there are lots of sub-par companies and people out there and from our initial conversations with certain lenders or investors, I suspect them of being fraudulent. Their emails feel copy...
Jose Diaz
Do you give EMD on your deals?
Hello everyone. I was listening to a Sean Terry Podcast and in it he says he rarely if ever give earnest money deposit when doing a deal. I was under the impression you had to in order to establish some sort of real ...
Tom Lafferty
Did your investors complain about 506c verification process?
I have only done 506b offerings so far, and am considering a 506c. My only hesitation is the grief it may cause the investors as they go through the verification process to prove they are accredited. Have had severa...
Ramsey Rimkeit
Property Manager Networking?
I'm attempting to improve the systems in place at the company I work for and I'd love some suggestions about various things such as:
Accepting electronic payments (we only accept checks!)?Sending rent bills by email?...
John Caviness
Auction property via email
I have a property we are looking at that the owner wants to take bids via email. They will take bids for a week then broadcast out the bids to give bidders a chance to make another offer. The property is in a great ...
Joshua Gordon
Girlfriend has issues with legality of Wholesaling
My girlfriend is a licensed real estate agent (dealing only in rentals) and is dead set against wholesaling. She keeps telling me that it is illegal, that you can only do it if you are a licensed agent. How can I sh...
Nathan Zhivalyuk
Asbestos
Can someone please tell me if this what I think it is (asbestos pipe insulation)?If it is, does it HAVE to be removed if it is in the garage and the garage is off limits to the tenant?Thanks, Nate Z.