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Hi everyone!It recently came to my attention that my grandfather has way too much money sitting in a standard savings account earning a pathetic less than 1% interest rate. My grandfather's gears turn in money and I'm...
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So my tenant has been asking about upgrading the vanity in her unit. The current Vanity is a small 24" vanity, it's not in bad shape, but I agreed a 30" vanity would be nicer in that space. So far I've told her I migh...
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Most Common Incorrect “Facts” by the Inexperienced
1. It’s “illegal” to purchase a property without the approval of the existing note holder (subject to)
2. If a property owner stops paying on a note the lender just...
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Do you tell your buyers your assignment fee before closing? I have friends who have been asked by potential buyers what their assignment fee will be even before they sign any contract. I really do not feel you shoul...
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Hello BP member,
I hope your well.
After contributing to the forum over the last 8 months with my own comments and feedback I thought I would compose a post and get you guys give me some comments and fe...
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Hi all,Generally speaking, do you think it is a good or bad idea to discuss your success in real estate with friends, family and co workers? Discuss not in a gloating or bragging way but talking about specifics of pas...
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I ran across Jason Hartman's website/podcast and am intrigued. Is there anyone here who's bought properties from his company that could share their positive or negative experience with me?For what it's worth, everyone...
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Hey everyone,My question is about a tenant of mine that might be getting pretty sick. We've had them for about a year and a half and everything has been going fine besides the normal landlord stuff. Within the last mo...
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Hello BP!
I own a home through an FHA loan. I rent out the spare bedrooms, which covers the mortgage, taxes, insurance, and repair reserve. It doesn't cash flow beyond that, but that was not my goal when I purchased ...