As a FL Mortgage Broker, Real Estate Investor and Landlord, my advice to investors who are opening new LLCs, is to consider include the word RENTAL(s) in the name of your LLC.Examples:Smith Rental Properties, LLCSunsh...
I'm new to this, so I apologize in advance if I miss something basic. I'm just trying to understand the best way to value a commercial property. I just read an entire book that talked about CAP rates, and now I'm fi...
My story real quick. My wife and I recently relocated from Louisiana back home to Florida where we're from. Our house wasn't selling, it was a very, very slow buyer's market where we were so even a full priced offer m...
Hello!I'm a 30 year old newbie investor looking to make a go of it as an REI. I'm stuck with a little analysis paralysis and I was hoping to get some feedback through the bigger pockets community.Current situation:-Fu...
BP Fellows,
When utilizing the Assignment of Mortgage Payments (AMP) or Subject To strategies, is it realistic that a Lender will call the note?
If so, can someone provide a testimonial about it.
In addition, if ...
In today's New York Times: Remote Appraisals of Homes Could Reduce Racial Bias - The New York Times (nytimes.com)My initial take is that this is a sound move by Fannie and Freddie to address a real issue. If it helps...
Hello folks, this is my first post and I would really appreciate some thoughts on my situation... I could probably write a novel on the backstory, but I will do my best to stick to the relevant information...I own a ...
Hello My Fellow BP Members, So I have a friend, who is in desperate need of a place to live. He doesn't make enough to pay the rent on his own, but is moving in with his Grandma as well, who receives a Soc...
Know Thy Cap Rate: The illusive obvious.For some reason cap rates seem to be the most misunderstood term (ratio actually) in all of real estate. I often get asked by new investors what a cap rate is and what does it...
The day has finally come! After sending 1000 mailers/month since late November and talking to many tire kickers and unmotivated sellers I finally have my first property under contract from direct mail! This will be ...