I'm looking to compare qualitative data on underwriting mistakes and their impacts on financial forecasting. Any folks with underwriting/mentoring experience, what would you classify a "mistake" as? Do you have a marg...
Well it happened. I am having to cancel a contract due to funding issues. I went under contract on a home with a local bank that I have used for over three years and still have active loans with decide to become more ...
Hello,I have awesome tenants in one on my rental units their rent is at least $200 lower than market rent.I am planning to propose a rent raise by $200 when I offer my lease in few days.I don’t have any intentions to ...
Just had our inspection for a small lakeside cottage ($117k accepted offer). There were lots of rotten floors (had been hidden under furniture and rugs for staging, ugh) and there was also a broken piping that happene...
My name is Kevin Connell and I live in Springdale, Arkansas in Northwest Arkansas. The area is economically quite vibrant, as NWA is home to Walmart, Tyson Foods and J.B. Hunt.My only real estate experience is buying ...
I live in my 3bd 2ba home in Clayton, NC. I've recently subdivided a .25ac lot beside my home. I bought the land for $10k and the market value is @ about $60k. I sell building materials for a living and could get lumb...
Hi Folks,
I am new to this awesome community.
I own a house in Texas that I need to sell. Currently, I live in Germany and have no plans on returning to the US in the near future. I have a full-time job and family o...
A partner and I have a 4-unit resort style short term rental property, purchased for 430k, owe 323K on a 5 yr balloon at 4% with 37 months remaining. We looked at refinancing to a 10 year balloon at 4.5% but given the...
My offer of $335k was recently accepted on a house that needs to be renovated and I am now in the option period. It’s in east Austin, 3bed 1.5bath. Houses in this neighborhood that are renovated go for around $450k.
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Hi everyone! I have a tenant for 3 years. No kids. No pets. She has really been great! She pays on time and has kept the unit clean. She recently got into a serious relationship and is now considering moving her boyfr...