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Hey Lenders, I'm going through my first default process on a private loan for an investment property and I've done so with the assistance of an Attorney. However, I’m curious how much of this process needs to be d...
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When you’re deciding whether to lend to someone, what do you look at first? Is it their credit score, their track record with loans, or the investment they’re trying to fund? Do you rely more on the deal itself or the...
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Hey folks, I'm based on Salt Lake City (an active earthquake zone) and I'm hoping to get a bit of feedback on how homeowners and property investors in earthquake zones are managing the risk of earthquakes.
A few ques...
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Hi,I have been reading into real estate investing and I am trying to learn how to calculate all the different aspects of a property when checking it out, such as Income, Expenses, Cash Flow, and CoC. Now the issue I a...
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business? I am not talking about getting incorporated. But in terms of going from a newbie investor learning the ropes to a person executing their first deal.
I am learning more about setting up systems to get things...
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Wondering if anyone has words of wisdom for me regarding lowering my DTI ratio for the sake of future financing. I've always worked under the following givens:-I try to leverage as much/best as possible, therefore hav...
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Hello BP,I have a 1969 Bungalow with a basement suite downstairs. We are currently living upstairs and have tenants in the suite. The upstairs has original hardwood that I re-finished and oiled. The floor has been pre...
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Hi all,
Looking at making a final offer on a property and wanted some input on two options I have in mind:Is it better to make an offer for $519,000
or
Is it better to make an offer for $544,000 (his counter-offer)...
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Hi, I'm relatively new to BP, but I have been diligently listening to the podcasts and have been learning quite a bit. Here's my story..... I am a 23 year old who is trying to invest in the Columbus, Ohio market. If a...
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TLDR: In a 2 bedroom basement rental unit that is kinda nice, in a nice area, with all amenities, but nowhere near executive...what would be the monthly rental impact of having a uniform floor vs having a different fl...