Andy Wu
FHA 90 days rule, how it exactly count and more
Hello,I have a house I bought in March 22nd and rented it as lease to purchase. Now the tenant want to buy it with FHA loan. What is exactly the earliest closing date for house can be sold.Is it can be closed on 6/21...
Matthew G.
Assigned The Contract...Now My Buyer Is Asking For A Lower Price
I have my first deal under contract. The buyer that I assigned the contract to had an inspection done and is asking for a lower purchase price. My questions are:1. How would I lower the price? Just an amendment to the...
Alejandro Hayden
Turnkey Company Fees
Greetings BP!What kind of fees should one expect to pay a PM company? Are fees like these common for most PMs?- Account Setup Fee- Leasing Placement Fee- Renewal of Lease Fee- Bill Collection & Payment on my behal...
Josh Dotzler
Aligning Investor's Goals with Property Manager's Goals
Hello BP Investors,I have been in debate with another property manager about the merits of an alternate pricing strategy. I would like to hear the opinions from investors and other PMs out there.Typical PM Charges for...
Kevin Jung
Is this a good investment? Hold & Rent strategy help; Hard Money.
Bunch of questions for my scenario; please help!Considering buying a townhome near a beach. Lots of vacation rentals, casinos, and a military base nearby.Listed: 140K, Offered 140K (in my name as of now). HOA 58/month...
Jason Click
Good Faith Estimate... How does this look?
I've found my first rental house to purchase... I went to a mortgage broker that is one of the corporate partners for my local REIA. Since this is my first time, can you look over the attached Good Faith Estimate and ...
Marci Stein
eviction cost
my lawyer intially said his cost is $500, but just got billed for add'l fees for filing, etc, and the total is $975 !!what is the typical cost for evictions these days? does this seem unusually high? i'm in NY---tha...
Niki C.
Should I post 3 day notice?
Hi BP family,I'm a new landlord and my very first tenant is having problem right now. They've been living in my condo starting this Sep, paid on time on Sep, late on Oct (reason given : somebody stole their money from...
Marisa Post
Short Sale Negotiations --- am I being taken advantage of?
Hi BP! I've been in the short sale process for about 6 months now on a home in Southern California. We're getting close to the finish and are now talking about closing costs, etc. with the listing agent / short sale n...
Armand R.
Loaning Out Own Funds: IRA.Llc vs Roth
We're evaluating loaning out some of our funds for investors seeking only wet funding/transactional:
For those of you with experience loaning out your own funds for short term transactional funding, if you we...