Steven W.
Need help going from Hard Money Loan to Long Term Loan
Good morning all,I currently have a triplex under a hard money loan because it did not meet the qualifications of a conventional mortgage and I needed to close quickly. I'm performing renovation on the property now, b...
Lisa S.
Need ideas on how to cut expenses
hi all, I have 2 small multi family (4 units) and I am getting killed on expenses each month. They are averaging $3500 each month and that's before the bills are paid. Most of the tenants are section 8 and call for re...
Doug N.
Exuberant Frothiness in Seattle?
This is my first post and before I continue, I'd like to thank the BP community for their extreme awesomeness. I have learned a lot in an incredibly short time - 3 weeks - and I see no end in sight for learning much m...
Kevin Enderle
The Advantages to being Pet Friendly
I see a lot of posts and listings for rental properties saying "NO PETS". While I understand the thought and the potential for damages, I also would like to point out some of the advantages. As a Dog owner myself (Fiv...
Account Closed
Realtors not responding
How do you deal with realtors that just dont respond? I am now a licensed agent and I can't imagine being this unresponsive. I am trying to purchase a commercial property and Ive had such bad luck with agents, mind yo...
Matthew Wright
Non payment and when to evict
What is your tolerance when it comes to tenants being late, before evicting? Im currently owed most of May and all of June and I think if I give them more time its just going to cost me in the end. Especially when she...
Karin Torbenson
PLEASE HELP!!! Personal Property Left Behind After Closing
I purchased my first investment property in Chelan, Washington in December of last year. It is an owner contract deal, no agents or lawyers involved. The seller is a neighbor at another property that my boyfriend owns...
Account Closed
How do you feel about using a hard money loan for your investment?
Hello,
I have a investor who says it is ridiculous to pay 12% interest on a hard money loan. I tried to explain to them that leveraging your funds is a great way to protect yourself from further risk and that using h...
Janet Powers
Lease Options in Today's Market
Hello all!
I am a newer investor and have purchased 2 REO homes in the last month. Both homes are desirable homes 4/2.5 that I got for very good prices.
I have listed the first home for rent, and almost everyone that...
Michael S.
4 Signs Your Home Is About to Lose Value
http://finance.yahoo.com/real-estate/article/107508/4-signs-your-home-is-about-to-lose-value.html
Besides the fact that this article fortells a boom in REO inventory, it gives intereting...