Andy Mirza
What's the highest amount servicers charge for payoff?
In this situation, I'm the borrower. My partner and I have a blanket loan on 14 condos with a payoff of less than $1 Million. So, this is a commercial loan.
About a year ago, the servicer wanted $150 just to provide ...
Jonathan Buelow
First time property manager shopping (long term rental)
I am buying my first rental property and am looking into hiring a property manager. The property is a 4-units, 2bed-1bath multifamily, located in a more depressed area of the town, so many of the owners in that area s...
Christopher Brownlee
Looking for PM in STR areas.
I am finding that the PM's have the best feel on what each STR market is looking like and even have a good few leads. Any PM in the south that has a potential STR, I am looking to grow my portfolio in as many differen...
Lori Greene
Am I invisible? Help! Need advice getting relevant connections.
I love BiggerPockets! Using a Free account, I've been able to learn from investors, give advice, make connections, and so much more. But recently I started a unique new business that needs more growing. So I decided t...
Christopher Kinnaman
Would you use this service if you had access to it?
If you were a contractor or a real estate agent or a property investor or a landlord etc in the state of Minnesota, would you use the service of a junk removal company on a contract basis if that company was able to w...
Connor Heim
Do I need to register my Texas LLC in FL for new investment prop?
The title says it all. I have a new Texas LLC that I've started that will be the owner of my real estate portfolio.I'm under contract to buy a condo in Sarasota, and will assign the contract to the LLC at closing. T...
Nataniel A.
Special Needs Housing? Is it really that good?
I got a DVD set that talks about turning your investment properties into special needs housing. The projected numbers sound good (better than typical leases) but like anything, I'm sure there are downsides. Does anyon...
Jason Fuentes
Reviewing Collateral
I working on closing my 1st note and wanted to reach out to the great folks of this forums for what to look for when reviewing files. I actually have a professional service reviewing the mortgage files but the seller...
John Wood
Why do Banks Buy Mortgages in Bankruptcy
I am looking at a property that has been tied up in a chapter 7 bankruptcy for a couple years. The property value is likely below the debt against the property. It appears that Seterus bank took the mortgage as the ow...
Michael Stutelberg
Duplex in Minnesota with shared meters how to bill for utilities
I recently purchased a duplex in MN and am wondering how billing for electricity (without separate meters) can be accomplished? I have all utilities in my name but would like to add a fee each month added to the rent ...