Account Closed
Investors cut, whats the norm?
When dealing with an investor whats the standard cut on their loan? For example a property that I am looking at with a cash offer of $35K and an estimated $35 to $40K in repair work. The house has a fair market val...
Deyunquis Legrand
Starting to build my real estate team and need an Attorney
So i am kind of new to this site so i dont know if this is the right place to post this because it specifically for me area but can anyone recommend an Real estate attorney or a site for a real estate attorney that ha...
Cesar Gomez
How do I find or create a rental lease for a tenant?
How do I find or create a lease for a tenant who is renting ? Their previous lease with previous landlord is about to be up. Need to have one ready for them in a couple months.
Xingcai Wu
Inherited Section 8 Tenant
Hi BP,Recently I purchased a property in Joliet, Illinois. There was an inherited section 8 tenant in one of the units. Her lease is ending in January 31 2023. But, she gave me a written notice on December 30, 2022 an...
Corey Gentry
STUDYING MY MARKET
I see a lot of you guys suggesting that newbies should study their market for a long period of time before jumping into things. Exactly what is involved in this process? I'm in the Dallas area and I need some advice...
Jared Crocker
SBA Loans for Credit Card consolidation
Does anyone know if you are able to use the SBA to pay off higher interest credit cards? Seems like a dumb question but i do not know the answer. Any help would be greatly appreciated.
Giancarlo Ameglio
Strategies to set up price expectations on sellers. GOOD OR BAD?
I heard in one of the BP podcasts a guy whose strategy is to send offers 15% to 50% lower than the price he thinks the property is worth. Then, if he does not get it approved he sends another offer a week after but th...
Travis Carpenter
Wholesaler working with a Realtor
What would be the standard as far as enough incentive for realtor(s) to market your wholesale deals to their buyers list, if we were to close with their investor?
Steve Hodgdon
Are you a mini Equifax?
The Equifax hack is a major deal. EVERYBODY should lock their credit report. Period. Our personal information is now in the hands of who knows who!?! Are you protecting consumer data that you see when shopping for not...
Elad Messing
Geico Umbrella Insurance - not really suitable for investors ?
Hello BP community, Is Geico umbrella insurance of any use to investors? I have some rental properties and following the advice to purchase umbrella liability insurance. Our home insurances were done through Geico (as...