Sarah Koning
Financing for an extra lot
We are currently in negotiations to buy a house and extra lot in Chicago. The sellers - for various reasons - need to have the house and extra lot as two separate contracts/sales. Our mortgage company has stated tha...
Calil Clark
determining appreciation for neighborhoods?
Hi, BP!I was wondering how investors determine appreciation (or depreciation for that matter) for a specific neighborhood or city year over year?Example:- In 2015, median sales price for a specific neighborhood is $14...
Debbie Zimmer
Getting a mortgage on an LLC property
Hello everyone! I’m hoping you can provide some guidance to us on this subject.Background: We are new investors and have set up an LLC with a Line of Credit attached. We used the Line of Credit to pay cash for our ...
Ben Bakhshi
Tired of third party lenders, I want to create a mortgage fund
We utilize a few hard money lenders for acquisition (8-14%,1-3 pts), plus we have some private investors who finance most of our equity position (10%,0pt). We've subsequently closed portfolio loans with B2R, Firstkey,...
Doug R.
Yellow Letters
Do "Yellow Letters" have to be yellow paper with red ink hand written messages to the seller to ensure a call back?
Allen Williams
Networking with Fellow Investors in JAX
Good Morning everyone,I currently work in the financial world and am in the process of getting into the world of real estate investing. My wife and I just moved from Atlanta and I am hoping to start building connectio...
Tyler D.
Help me understand the Bay Area/ SF
I work in SF, and have rented as I am wary of the seemingly unsustainable prices. I would like to buy a house (to owner-occupy) if it makes sense, but I can't get a clear picture of whether or not it makes sense to bu...
Chris Gordon
Bad Wholesalers - Why we will all be getting licensed soon.
I am just amazed at the incompetence of some wholesalers.
Last night I put under contract a house in Ky that "Sincere Home Buyers" of Georgia backed out of yesterday. I don't mind putting their name out here.
The s...
Julie Williams
Do you avoid buying properties with known drug history?
A town I like in Vermont, Springfield, has good prices in the otherwise insane Vermont real estate market, in part because it has a fair amount of crime, although the amount of crime is still well under than the U.S. ...
Takeshi Yashima
Bookkeeping for rental property
Hi everyone,
I am wondering how you guys are doing accounting and bookkeeping for your rentals, doing by yourself, hiring bookkeeper or hiring accountant? I am currently managing the bookkeeping and accounting mysel...