On Wednesday, September 21, 2022 at 2:00 pm, the Federal Reserve Bank raised short-term rates by 0.75% to fight inflation. The Fed’s benchmark interest rate is now between 3 percent and 3.25 percent.
The interest rat...
I've heard to screen each adult applicant. But in what cases do you reject the whole group when one person has enough income but the other doesn't? For example, you could have a husband that works and a stay at home m...
Hello BP, I am working with a seller who through follow up I reached out to and has informed met that someone has acquired her home and has moved into it without her knowledge. Her home has been vacant for some time n...
I'm curious about the various ways investors here have structured their partnerships. How did you split the workload? How much did you contribute to the deal? How much do you get out of the deal? Did you flip or h...
My two high school helpers put a full day in today. Planting trees in the cold mist today. Then traveling 40 minutes away to help on storm wind damage from last night. They both graduate in a month. Luke wil...
Hi everyone. I'm trying to add language to my lease addendum that clearly states additional tenants. We have a tenant moving out who is the sole person on the lease. Evidently, they had their brother and girlfriend li...
Hi,I am in discussion with a person who says he inherited a property. What due diligence do I need to make sure he is only one heir. Can I complete the transaction using a realtor or do I need to hire a real estate at...
I am purchasing a commercial property that is being managed by PM. He is charging 6 % of gross rent for managing the property.Upon reviewing the current P & L statement, I saw a fee call "residual fee", I have ne...
I am working on buying a foreclosure in my wife's name as an all-cash deal. The bank/lender who is selling wants the proof of funds as a bank statement with the exact name of the person on the contract. So it should b...
HI I just sold a business and used a good agent to do so. I will also be using him to sell a inherited home that were unable to make cash flow. The question is it wrong to find a different agent to buy the next inves...