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Economic Update
(Labor Day Edition)
This crazy bizarre year will undoubtedly be remembered as one of the most challenging times of our lives. A worldwide pandemic, social distancing, facemasks, a recession, histori...
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Hi all. Someone with a dozen highly appreciated homes and condos that wants to sell them all off and roll it into a large NNN commercial property, has the challenge of timing, as its hard to sell 12 properties at one ...
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Hello all,We are closing on a 12unit next month. The inspection showed there are 8 water heaters that are near double life expectancy (so they are 10 year water heaters but some are 18 years old). Would you replace th...
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Hey everyone,
I've bought 2 properties in my life so I know a lot of you guys have a lot more experience. Can a realtor lie about having another offer? There isn't much in my area listed for sale. Because I want to ...
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So tenant screening is more difficult than i think I ever thought! Everyone who calls me has a story! It's only be a couple of days so I'm sure it's going to get better...
A prospect that I spoke to today sounded id...
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Yes, nobody has a crystal ball I know. However, I'd really like to add 3-5 rental homes to my portfolio. Obviously things are very hot right now. Homes going for over asking, etc so I've refrained from buying anythi...
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I have been reading some featured BP bloggers as there is always more stuff to learn in REI it seems. I noticed some real big misconceptions or errors for some expert bp bloggers. Without naming names, I just wanted ...
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I’m looking for others that have had issues with Lima One lending. Many of the issues I have had and seen Others on the forums include; them jacking up interest rates without informing the consumer right before closi...
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I have agreed with a Seller on price and all other terms and conditions, except one. This property is a 2 unit building. One tenant informed the owner that he is moving out earlier this month. The tenant followed b...
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I just paid of my house this morning and that's the last thing I owe to anyone.I'm 41 now and own my house free and clear. I've been in REI now for a little over 2 years (wholesale & rehab/fix&flip). I still h...