Hello, my name is Sungho Kang, and I am new to this site!I am a new intern for the Funding Warehouse, which does 100% lending on costs or 70% off ARV, whichever is cheaper. I have been learning directly from this amaz...
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Beginner question here... My wife and I are looking to buy another home to live in, and rent out our current residence as a rental property. We currently have an FHA loan and have been living here for 13 months now. D...
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Hello again! Isabella Rogers here. Does anyone know the buy formula used in the New Orleans, LA? I assume to use 70% in my MAO (maximum allowable offer; not sure if everyone calls it that), but I not sure how aggressi...
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I’ve submitted several full price offers in the past month on MFH properties via MLS that I haven’t been successful on. I’m curious how often you (or your agent) follow up on offers with the listing agent prior to clo...
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The 1031 exchange has been a powerful vehicle for real estate investors to defer capital gains taxes. It has always seemed like the way to go, but I had this opportunity back in 2015, and even then, the time restricti...
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I may be overthinking things, but I’m preparing to do my first mailing and was wondering what type of paper is best/necessary for my letters. I plan to print a “personalized” letter (interchangeable name and address) ...
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I’m currently studying and practicing analyzing deals. When using the rental calculator, is there a percentage or figure you use to figure out what insurance will cost? Or do you get hard numbers to plug in? Just tryi...
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Hi, I am a new member in BP. I have a 4-plex with tenants who have been in the building for >5 years. Should I update all their leases to incorporate language for COVID-19? The reason I am thinking about this as...
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Hi all, I’ve read through several posts but keep seeing conflicting answers on this. Was hoping to get some clarification- to start, I AM NOT a licensed real estate agent in Alabama. I am however connected with severa...
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Any tips on preparing for the California Broker exam? I’m taking it next month but I am unsure if I’m preparing effectively. I’m currently using an Allied course; taking progress exams. Will this be enough or is there...