Are you landlords relaxing your screening criteria now because of job losses or uncertainty during Covid? Or do you essentially NEVER relax your standards, no matter what the sob story?
Hi, We are still fairly new to off market deals. We have found that a lot of prospects say "If you just pay off my existing mortgage" or "If you just pay off my existing mortgage plus "$X.XX" Dollars More" it's yours...
Hi I recently got a property under contract and found a buyer to assign it to. They signed the contract but did not include a copy of the EMD. it's been a week since they signed the contract and have not gotten any re...
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Hi All, I'm in Orange County, California. I came across with a big wholesaling company called New Western Acquisition. The sales kept sending me wholesale deals. It looks like they are doing a lot of business. I'm a m...
This seems like a simple issue. I am wanting to know who is responsible to turn power on in a house that is bank owned in order to verify that all sytems are working properly prior to closing a deal. Please give me so...
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Hello everyone,I'm seeking opinions on the tax treatment of remodeling in certain situations. For example, let's pretend I purchase a house for $90K, misc rehab is $10K, so I'm "all-in" rent-ready at $100K and adverti...
I am looking for a private lender or hard loan availability. I am located in buffalo ny!
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Of the investors that flip houses, how many of you would hire a PM to manage the renovation of your property? What services would you want from the PM, i.e. SOW development, initial estimate, hire contractor, etc?
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https://www.biggerpockets.com/calculators/shared/6...I ran this with an investor paying cash at closing and allowed $1500 in attorney fees for the paperwork (no idea if that's realistic). The property taxes and rent n...
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I'm considering partnering with a wholesaler for my first deal. I found one here on BP who is both a realtor and a wholesaler, which reassures me because they'll need to keep their real estate license in good standin...