Liz J.
When ADU pushes you to 5 units how does lending work?
I haven't seen this scenario posted anywhere. If building a new ground up ADU on an existing 4-plex property - how do lenders look at this since there are now 5 units:- Would it qualify for commercial loan?- Would it ...
Glenn Clapp
Trendy Areas, Prices, Values, Rehabs, and Rents
Going prices for trendy areas in Salt Lake seem almost out-of-control. Avenues, Sugarhouse, downtown seem to be very hot with some pretty beat up properties listed and selling for some pretty rich sums.I'd like to hea...
Zoey Inda
Should we buy out co-owners of rental property?
Hi all,
We own a part of a single-family home rental property and are considering buying out the other owners. Would love to hear peoples’ thoughts.
The property is a 1000 sq ft SFH on 9000 sq ft lot with 2 bedroom...
Steve Gordon
Loans on Investment Properties
I am a newbie to the real estate game. I am looking to buy a townhouse as a rental property but of course i would need to finance the deal. I want to know if i can purchase the property with a traditional loan(15,30y...
Kelvin Letron Brantley
Aspiring Real Estate Agent working for Wealth Mngmt Firm (HELP)
Hello BP Family,I just started a position at a wealth management firm. Now I'm told by my compliance department that I CAN be licensed as a real estate agent, but I can't have any active listings. Not only that, I h...
Kathy Argento
Investing in Short Sales?
Hello everyone. I'm a newbie but found a home on Redfin that is a short sale and it looks like a really good deal. Now, I know it's better to find homes NOT on the MLS, but I was just poking around and saw this one...
Keith Burton
What is the best way to invest $2,000?
Hi all,I'm trying to crack into the real estate business. I have a real estate license in Michigan and $2,000. Where do you guys think I should start?
Sousie El
Brokerage 499$fee on the new brokerage agreement
Hello BG Community,
I had a question if the new Brokerage agreement fee of $499 can be waived by the real estate agent?, and also what to keep in mind when negotiating those fee and percentage with the agent. Thank you
Stephen Melley
Strategy for first home for Investment Income
Hi everyone, I am in the Tampa Bay Florida area and I have a pretty unique situation that I am trying to navigate. Sorry if this is long winded just trying to include all details. About 5 years ago I went through a ve...
Jeff R.
Expenses turned Income at Settlement
Rookie mistake. So I just closed on a sale and received the settlement check and was more than expected. I soon realized that the check had over budget expenses that I paid out of pocket included. So my renovation was...