Cherilyn Jorgenson
PM Contract questions
Hi All,
I need to sign a new PM contract for a MF property I own out of state (CA). I have some issues with the terms of the contract and would love to know what is "normal and customary" verbiage and if there mat be...
Cody Plemmons
Monetary amount for a sewage easement
I have an empty lot that I am looking to build on. The property does not have sewer available, but I have contacted the adjoining owner behind the lot for an easement through his property and he is ok with it. I am wo...
Harry Hylan
Questions on Sweat Equity deal ?
I have a friend with a 2 family home here in NY and they are struggling not only with the mortgage or bills but with upkeep and improvements. I have entered into an (verbal agreement ) That I will receive aprox. $2...
Andrew Lynn
Driving for dollars. KC
I have been thinking about driving for dollars. It wouldn't be for me though, it would be to help investors have some boots on the ground as Brandon Turner says. Is this a thing that people do or look for? I plan to i...
Jason Tootles
Cash Buyer Bird Dog
Hey guys! Long time reader/follower, first time poster. I'm going to get my profile together soon, but I wanted to get this question out there real quick and see what you guys think. I have a pretty complex question.....
Jennifer Hamon
How do conventional lenders view large increases in income?
This is my first post on BP and I am mainly still in the education phase of my RE journey so I appreciate any advice.I am married, age 31 in a HCOL area, and have:No debt of any kind (paid off student loans, modest ve...
Akhtar Nasser
When an active tenant damages property
Tenants window unit leaked water into house from 2nd floor.
Servpro came and took out insulation, sheetrock, carpet padding etc.
I now am looking for a handyman to unroll carpet, do sheetrock repair etc but I am ...
Account Closed
Natural Disaster Insurance asking to rent ASAP?
I’m currently in the process of viewing and applications for an apartment I need to rent out that is 1 year lease.I received a weird call with a lady stating she is from an insurance company and has a family that need...
Vince Le
Is it ok when MLO directly process loan with lenders?
Why do I see some independent mortgage loan officers submit borrower's application directly to lender without going thru their employer/broker's loan processing? Will the MLO get the full compensation for themself by ...
Sibley Simon
Developer fees on mid-sized residential project
BP folks,I am working to put together the following project and would sincerely appreciate any guidance on developer compensation. The project is the new construction of a 100-130 unit residential apartment building ...