Susan Hartman
Loan payment terms- "Borrower will pay loan in full upon demand"
Is it normal for payment terms to require the following; "Borrower will pay this loan in full immediately upon lenders demand."? It follows with "If no demand is made borrow will pay this loan in 359 payments." This i...
Account Closed
Due to the season of my vacancy, do you suggest a lower price?
I posted my single family rental on Zillow, I know it is harder to get tenants in the Winter around the Holiday time, but is that a reason to lower your monthly rent price? During peak season, should I be aiming highe...
Bei He
Sacramento Max Rent Increase for 2022?
Hi, my dear BiggerPockets folks,
I have a rental at south Natomas Sacramento (95833 zip code). Have not increasing any rent since covid. Currently rented at $1900 vs. I checked the similar home rent at $2400-$2900. ...
Darius M.
Going Crazy!!! Please tell me if these are good comps
House that I'm looking to wholesale:
4bd/1ba, 1725 sqft, unfinished basement, brick, 2 car garage
I looked for similar homes between 1500-2000 sqft, but couldn't find any. But these are what I came up with:
Comp #...
Mark Dance
Selling home with Solar
I am listing a home that has added a expensive Solar Panel system and now the owners want to sell the home. There are no comparables in the market that have a system like this. We want to add the value of the system ...
Melissa Kirchhoff
Appraisers - Appraising something with no comps?
Can any appraisers give me some insight about this? How would something work where someone needs to get a loan and an appraisal needs done, but there are no comps? Does this mean everything is a no-go?My best example ...
Collin Hays
Owner Controlled thermostat: Another penny wise, pound foolish decision
We have an owner who, against our advice, recently installed a thermostat that only they can adjust, and from three states away. The temperature is set on 75. And heat and cool can only be turned on by them, with the...
Wilson Lee
A Car Drove in to my Rental House
I don't know how to start. hum, A drunk driver drove their SUV in to the living room/dinning room of my rental unit. The damage is about $45,000-60,000 I got the house for $20,200 and put $15,000 into the house....
Luke Carl
Are You Using A Pricing Manager and Do You Like It?
I've been using Beyond off and on. I'm on the fence. I like it for a couple of weeks, it ticks me off because the prices are way too high or way too low, I turn it off and do it all myself. Today I think I've decided ...
Eric Auslander
Refinance Borrower Poor Appraisal Rant
TLDR - The Appraiser blew up my refinance and valued my house at $385K (currently have $405K of loan balance). I purchased the house for $426K 16 months ago and was recently appraised for $433K 9 months ago.
Super fr...