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I came across an interesting thread on when assignment fees are paid here on BP with the title Paid at Closing vs. Paid at Assignment. It raised a couple of questions in my mind about the risks of wholesaling, namely ...
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I purchased 1 and UC for 2 properties this month two of which I'm keeping as Long term rental. The first 699 E Gold Dust, San Tan Valley AZ comps around 375K and I purchased for 393K so I'm lost about 18K equity by p...
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There is a company by the name of Virgo Finance Company, LLC. Its a legitimate company, but an unauthorized person claiming to give out loans.
He is asking for $3000 loan origination fee upfront.
BE AWARE!!!
This c...
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I want to get an idea of how people organize their bank accounts. I have 2 rental properties, looking at a third - a duplex. Right now, I keep both rental properties in separate bank accounts from each other, as well ...
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Preamble: We don't announce that we are the owners, we don't hide it, but it never comes up. We have a logo and a company name for all our properties, we look like a business. We sign the owner line on the lease, b...
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Hey BP folks, I"m a newbie but have been an avid reader but not an avid poster on the forums.
Here's a deal I'm working on right now, my first!!!
Same seller for both properties
4 Plex
Price...
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How will the actual crisis impact the real estate market in your opinion?
The fact is that , justified or not, the crisis has already hit many businesses including hospitality & tourism, transportation, financial...
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Hello BP!
I have an issue I could use some advice on.
Smart money about a year ago was that the rates were going anywhere but down. So about September of last year, my wife and I refi'ed our Single Family Ren...
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Hello All, I've got a bit of a problem that I'm seeking some guidance on.I was a tenant for the past two years in a 3-family house in Boston where a full month's rent was held for a security deposit. I've been working...
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I purchased an occupied duplex earlier this year in Mystic, Connecticut. It's a Greek Revival style building originally constructed in 1845. The location is very good (although it's in a historic district).The house i...