Michael Roman
Knowing if your lender or investor is a fraud
Hello BP community,I find that there are lots of sub-par companies and people out there and from our initial conversations with certain lenders or investors, I suspect them of being fraudulent. Their emails feel copy...
Austin Whelan
Putting a house under contract
Hey everyone. I am a newer investor and just had some questions regarding contracts. When you are putting a house under contract how do you ensure that you have all the appropriate clauses in the contract to protect y...
Rob Borkowski
New Property Purchase - Inherited Problems
Just closed my first deal last Friday. It's a single-family home that was a Fannie Mae property in near move in condition. The property was listed initially at 109,000 and over the course of (3) months it dropped to 9...
Antonio Reybol, Jr.
Looking for an agent that is also an investor
Hello - I am looking to work with an agent that has a few investment properties of their own as I look to purchase my first investment property. I am focusing on a cash-flow approach, primarily looking at SFR and alre...
Michael White
Estate Sales Marketing Campaign
I am starting a marketing campaign tailored to estate sales. I believe that someone just passed away and the home is going to be shortly sold after that. I am not too familiar with probates and how they work. Can I pu...
Hae-Yuan Chang
Using Airbnb and other ways to find absentee owners?
I'm trying to figure out creative ways to reach out to absentee owners. An idea that I had was to check Airbnb for listings that offered entire homes and reaching out to the owners through Airbnb. I feel like one woul...
Ray Arends
How often do you talk to your PM?
How often do you speak to your property manager? I will receive a monthly report but I am unsure of the appropriate amount of phone time in order to manage my manager. How often do you visit your properties? I need to...
Tyler Barton
Where should I start??
I am new to the whole real estate game.I currently reside in Chattanooga, TN.Chattanooga is consistently growing and I want a piece of the action, the only problem is that for my budget ( I don't have any investors) t...
Mariqus Alexander
Unbudgeted items that can kill a budget.
Over the years, I’ve gotten better at creating a budget that can actually be met. I used to create a budget with the hopes of everything going smoothly. After performing more the 30 plus rehabs, I’ve learned now to ...
Marque San Juan
Include PMI in NOI calculation?
Newb question here:In the case of using less than 20% down, do you include PMI in your calculations for NOI? My research is leading me towards excluding it since NOI is void of the mortgage expenses to calculate cap r...