Nathan Simons
Tenant is 3 days late on rent
Just bought our property last month and there was an existing tenant. In the current lease that he signed before we purchased the property he has to pay rent in full on the 1st. There was no late fees in the lease. No...
Rod Lambe
Mentor Disappears On Me?
Dear BiggerPockets Members,
I just want to get your thoughts and suggestions on this one! A well know Real Estate Investor who is on Podcasts for both Bigger Pockets' & ConnectedInvestors.com, winning numerous aw...
Mitch Kronowit
HML actions in case of default
Originally posted by Jon Holdman:I'm taking back a house this week because the borrower hasn't been able to sell it.
Jon, sorry for the thread drift, but I've been wondering, when the lender (you, in this case) fore...
Jason Merchey
Recourse Loans
I am getting some pushback on the idea of recourse vs. non recourse loans from a banker I'm just about to go with. My accountant told me not to take out a recourse loan, one that allows for deficiency judgments (th...
Joshua Dorkin
It is not the agent's responsibility to know what repairs are needed! Really?
I saw a post on Twitter that I had to respond to . . . of course, the response and initial post are priceless, IMO.
First Tweet:
If a home is listed for $25k, assume it's a fixer-upper. No need to email me and ask fo...
Mark Yuschak
Fannie Mae deed restrictions and rekey fees
I'm growing really tired of the Fannie Mae deed restrictions and rekey fees. Is there any way around them?
I made an offer on a FNMA REO and we negotiated back and forth. In each one of my counters I had "no deed...
Blake Hansen
Dear Agents, I'm not worth your time.
I'm just starting out. Each time I contact an agent and let them know what I'm willing to offer they usually laugh and are quick to discourage the approach. I'm confused. Like most investors I want to make an offer lo...
Al Mcbee
Lease Options and Realtors.
Can I, or how can I, do a lease option with the homeowner that is currently working with a realtor?
Adam Berlinberg
Where to begin with cash on hand
I am a physician and hoping to get into the real estate game, just looking for recommendations to get started. I am finally starting to have some extra cash and have almost 6 figures sitting in the bank that I am look...
Chanel Oldham
Bad Credit
Hello,I have bad credit and i'm having trouble getting financed to buy my first home. I'm wondering if I were to buy a home outright (in cash) would it be easier to get a loan to fix it up? I don't even qualify for ...