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I purchased my 1st investment property from REI Nation last year and a major selling point to me was that the average tenant staying for ~5.5 years. This morning, after ~1.5 years, I was informed my tenant is termina...
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Response to Proposed Regulatory Prudential Standards for Non-Bank Mortgage Servicers Response prepared by Rishel Consulting Group – a consultancy for chattel lendersRishel Consulting Group is a nationwide consultancy ...
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I'll start from the beginning, because there are lots of little details I need to explain in order for you guys to fully understand the situation. (All names are substituted by fake ones for privacy reasons.)In April ...
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I've only been in business a short while, but own three rentals. One I had to turn over already due to the quality of tenants, and it just happens to be the house with the most door locks I've ever seen on a 1200 s.f...
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I own multifamily buildings with a lot of vacancies. In order to get the vacant apartments back on the market they need extensive renovations. I've done the calculations and it totally pays to renovate in towns such...
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I've heard people recently mentioning that the US is headed towards a market correction. In what ways is this different than a full crash, like in '08?
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Hello BP members!I've listened, read and debated a lot of material about using retirements funds in a self-directed IRA to invest in real estate. The rules seem really cumbersome and complicated, and since I'm still f...
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I wanted to know if its ok for me to start with a line of credit and/or a credit card. Line of credit interest rate is 9% of 50000. Credit card rate is 11% but 14 if cash advance, limit is 25000. I do now have a pr...
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I'm a Utah native living in West Jordan. I have been noticing the crazy market lately, and also the great mortgage rates.
If I did a cash-out refinance right now, I could get around $200K to $230K from my equity, and...
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HI, I was just wondering if anyone is using Facebook, instagram, etc. to make informed decisions on potential tenants in addition to all other background checks and references. If so, how are you approaching the us...