Leigh Ann Smith
Wells Fargo Businessline Line of Credit
We have a business unrelated to real estate that is a sole proprietorship (no LLC). An offer came in the mail from Wells Fargo saying that our business is pre-qualified for a BusinessLine line of credit of up to $100...
Braden Smith
Owner financing for seller who wants to stay in their house
I am in talks with an off market seller that wants to sell the property, but would like to be able to stay in the house. It is an older gentleman that is not wanting to have to deal with the repairs, maintenance and u...
Andreas Mueller
Mortgage Market in Disarray
Welcome fellow BP Compatriots! I thought I would share my brief, hopefully insightful, dive into real estate and financial markets.
Today I'm talkin’ the topsy-turvy mortgage market, consumer sentiment, Mayo lattes?,...
Ken Nyczaj
How I got my first Residential Contract of Sale signed.
Hey everyone, for anyone starting out I just wanted to give some information and knowledge about how I got my first contract signed. Not closed yet! But signed! Inspection is going on this Saturday.Since the end of 20...
Brad Bellstedt
Las Vegas Housing Market Numbers
So, how's the Las Vegas housing market?
In the last 4 weeks (since 3/18/20)
2,460 properties have been listed for sale.
Inventory of homes listed for sale increased from 5,927 to 7,347. (24% increase)
1,620 pr...
Eric Hornung
Just another parking app?
If you are a multifamily or commercial property owner/property manager, I'd love your feedback on a new company (not mine) out of Chicago regarding parking services which recently was featured on my podcast. A little ...
Terry P.
Bankruptcy due to Identity Theft
I have a prospective tenant that has a bankruptcy on her record from about a eight months ago. She claims that it was due to identity theft issues. I am not that familiar with such a situation. Do people really file b...
Shiloh Lundahl
Teaching Kids About Investing. How do you do it?
Right now my wife home schools our 3 oldest kids. Earlier this week, I had the opportunity to teach the math lesson. My kids learned the term Cash on Cash Return and then worked out the CoC Return for each property ...
Michael Z.
How much time to pick up an apraisal order in SF BAY area?
It is known that there is a big appraisal backlog in sfbay area now. What is the usual time to have the appraisal order picked up and completed from the time it is being placed?My lender says that the order was placed...
Charles Press
?Repairs vs. Maintenance
Here's a question that likely only the people that keep their own books or the accountant minded will appreciate. Do you lump together your repairs and maintenance costs on your income statement or do you keep them s...