What borrowers say……..And What they really mean
I’m not going to pay any upfront fees………….I won’t pay for an appraisal, title report, survey, accountant to prepare financials or anything else required to have ev...
I've been thinking of investing in a multifamily for about 3 years now and finally taking action. We've been pre-approved but running into confusion on the best option going forward.
Background: We currently live in...
I am trying to evaluate the financials of an HOA community and I was wondering if anyone has a rule of thumb for cash reserves or any other items that could be a red flag to investors?
Answer this question: "...
How does the note selling process work, and how do people asses an offer against a note?
I have a tennant that has been habitually late since the lease inception in staten island nyc a liberal city. I have let him get away with it. He bounced a check in June and didn't pay July. Now he sends me a letter ...
Hello BP! My name is Kevin Williams. My wife and I are eager to get started in the real estate investment game. But unfortunately we don't have a clue on how to get started. We're totally new to this but we're willing...
So I recently had two really successful deals and now I have friends who want in? The trouble is, I have no idea what the best way is to deploy their money. I've heard that you can get into some big trouble if you don...
I was told that if a tenant has a life changing event (change jobs, move, etc.) during the course of their lease, it is the landlord's job to begin looking for a new tenant. The original tenant is still held to the o...
I had a young expecting couple view a SFR of mine yesterday. They both have jobs that have been or could be affected by Covid, as they are just at the income level that is 3x the rent amount while working... so I’m a...
I had a call today from someone who filed bankruptcy and is making payments on it. It won't be discharged until later this year. Based on our phone conversation, they had a bunch of past financial problems and their c...