I have a nonconforming triplex in the Whittier Park neighborhood of South Minneapolis. The property is a licensed duplex but it has had three units, one on each floor, since way before I bought it. I have owned it si...
Hi,
I am self managing a condo in NorCal area. I recently got to know laws in California changed a lot on Jan 1st 2020. I have ensured smoke alarms and carbon monoxide alarms are good. I want to ensure that I am in c...
Response to Proposed Regulatory Prudential Standards for Non-Bank Mortgage Servicers Response prepared by Rishel Consulting Group – a consultancy for chattel lendersRishel Consulting Group is a nationwide consultancy ...
I have been asked to make a loan with a 3 year balloon. The borrower who is in real estate characterizes the purchase as a "live in flip." Nevertheless he and his wife would be living in the home. I had a concern a...
I had my lawyer who helped me acquire my investment property tell me he would write up leases for me for $650. Is this too much? Is there a standard one I can find in a word document on the internet?
Yesterday I was doing some research and found a 4-unit property in Lancaster CA that I ended up contacting the agent for some more specific info.
She wrote back stating the property was in escrow but asked if...
Hello BP Family!I've been educating myself on investing in a distressed condo community in an Atlanta suburb called Lithonia. Lithonia, GA 30038. Is there a good way to create a solid comp by setting the standard for ...
What service do you recommend for doing a soft pull on a potential borrower's credit?
I need something simple that I could utilize today.
Thanks
Hi everyone,I am new to the process of getting renters into a SFH in Minnesota. Getting a lease drafted by a lawyer seems quite pricy, is it normal to just use a standard residential lease set by the state or should I...
Hello. I'm trying to create my own LLC for my rental property in Kentucky. Ultimately, I don't want to pay the $1,400 fee that my real estate lawyer would normally charge. I know I can get it done at half the costs an...