I’m looking for recommendations for property management companies in Killeen. We are looking to purchase a 4-Plex. We have accepted offer, in due diligence phase. The current PM on the property has not done a good job...
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Please let me know who is responsible for paying for an exterminator to get rid of rats. The tenant or the landlord? I'm new to all this. Also I know a landlord who charges a service fee for service calls to keep te...
I heard there are some variety of steps in order to obtain fixed costs. To obtain fixed costs such as seller's mortgage, insurance fees, and annual property taxes, are wholesalers allowed to act as "power of attorney"...
Just starting out here and been reading Brandon Turner’s book on Rental Property Investing. The book gives a rule to use to quickly screen properties known as the 50% rule [(0.5*projected income/rent)- (Mortgage P an...
I have learned a lot from reading BP, thanks for the posts! Wife and I are looking at a home just down the street for our first flip. It is going for auction at $75k the comps are going for $135k. I currently have $4...
Service Release Premium (SRP)/ Overage
Profit Banks Hide from Borrowers
"Service Release Premium" (SRP) or "Overage" is profit that banks make when they sell a Borrower's...
Hello all,My name is Michael, and I am totally new to real estate investing. Although, I do own one rental property in CA.My long term goal is to acquire more rental properties and flipping houses. I have never flip...
I've always heard that selling for sale by owner is a bad idea, but is it true? When is it a good idea to sell for sale by owner?
Spent all day yesterday talking to lenders finally came across one that had an achievable criteria for my first fix & flip. Does anyone have experience working with American Heritage Lending? Interested in doing t...