Joshua Kaufman
Background and credit checks
Hi All,I have a company that writes mortgages for those flipping or rehabbing properties. As part of our due diligence, we run background and credit checks on the borrowers. Does anyone have any input or suggestions o...
Matt Sullivan
Selling a rental at the end of a lease, but tenant decides to break the lease to move earlier. Are they liable for remaining rent in Texas?
All,I would appreciate some feedback from Texas Landlords. I understand that when a tenant in Texas breaks their lease, the Landlord has the responsibility to mitigate the loss by advertising and trying to get a new ...
Corey Depuy
Self-Directed IRA option/question
I've been doing some research about rolling over my previous employer's 401k (which is currently stagnant with the same broker) into a SDIRA. I'm reading that all of the typical rules of a retirement fund apply, where...
Kiki Helland
Should appraiser know of issues?
I am in escrow for an investment SFR and the home inspection revealed issues with the electric wiring. I got two estimates for repair including fixing a fire hazard condition in the wiring coming from the street throu...
Marzieh Rostami
Converting a single family into a duplex
Hi BP community. I wanted to see if anyone in Houston TX has had experience with converting a SFR into a duplex. How difficult is it when it comes to the city and permits? And also how costly is separation of utilitie...
Jonathan Pflueger
Will a HELOC affect my DTI if I have a Zero balance?
BP's, I am looking into getting a HELOC on my primary residence and I was wondering if it will effect my DTI ratio when I go and apply for a conventional or commercial loan in the near future? For instance: If I get a...
Cody Smith
What do you find essential to start investing?
Hello BP community, I am curious. Looking back, if you could comprise a list of absolutely essential elements to have before beginning to invest, what would it include? We all know that any new investor can start divi...
Tim Key
Flipping-any perks to being your own real estate agent?
So my wife and I are getting educated on our options to do a flat out flip, a live in flip, or possibly a cash flow live in. I was thinking most agents make 3%+ on closing or showing the house. What are the perks of b...
Bryan Hancock
Why Does Kissing The Note Add Value?
Okay note pros...I have seen some discussion over the last several months about people kissing (guaranteeing) the notes adding value. It seems like you buy notes with sufficient ITV to protect your investment.
So ...
Jason Morgan
Direct Mail Response Rates and Conversions Rates
Good afternoon all, I am a new investor that has a goal of getting 6 subject to/lease option deals in the next 3 months. I have some experience with marketing and copy writing but I hired a professional from elance...