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When getting your first deal (lets call is a BRRRR). When should you start putting money away for the CAP EX and other expenditures? It seems like it is a dedication from rental cost, but what if reno’s are taking lon...
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Dear all, I am doing some reading and have some hard time to the legal terms below. It's showing up in a lot of the contract.Anyone know a good explanation or example to illustrate the following? what "judicial rights...
I just noticed yesterday that Zillow's estimate for my four-plex went from roughly 630K down to 530K in one day. No explanation given. I doubt if it was worth 630K to begin with, but with these kinds of price fluctuat...
Hi,I'm trying to get a handle on what my options are once I reach 10 financed properties. At that point it's into the commercial lending business; is every loan there on out 30% down, 5 yr adjusting rate? There must b...
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Hi Everyone,In short, may I ask for advice on how to get title cleared from county records?Long of it. The house is fully paid more than a decade ago. The mortgage company filed the necessary form to the county at t...
Hi BP!,I wanted to ask if anyone has decent tenants in Trenton, NJ. I'm trying to fill a vacancy in North Trenton but I can't seem to find anyone half decent. Prospective tenants are asked to fill out an $45 applicati...
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Check out this 5 minute video on Freddie Mac, and how they operate.
http://finance.yahoo.com/blogs/daily-ticker/freddie-mac-betting-against-homeowners-latest-gse-outrage-164015828.html
Thoughts?
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Borrower is pulling equity out of a rental property, to purchase other rentals.Borrower is named Han, and owns several other rental properties. His whole family is all about buy-and-hold REI, they kind of have a littl...
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The last few times I have posted some of my podcasts to this site they are quickly taken down and usually there is no explanation as to why so my question for any moderator or@Brandon Turner or @Joshua Dorkin would be...
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Hi AllI have a simple accounting questionI had to buy a $30,000 Furnace for one of my building, in March 2014I am making payments on the unit for about $2000.00 a monthDo I record the $2000.00 payments on my books as ...