Rami W.
First time as private lender. Request for reconveyance process?
The borrower seems ready to pay off his loan. His escrow company has asked me to sign a Request for Reconveyance and a "Beneficiary's demand". I have not yet received the original loan amount back yet. Shouldn't I be ...
John Anderson
After almost a month, Lender Will Not Provide Payoff Amount!!!
Hi biggerpockets,Looking for some advice here. I purchased this home subject-to this past summer. The mortgage was pretty far behind, but even so it was a pretty decent deal at the time. Since it didn't make sense t...
Joe Capobianco
section 8 applicant
anybody in the NJ area have experience with section 8 tenants?
I received a section 8 application for my rental that is willing to pay the total rent im asking. My realtor is listing the property for me so I don't...
Frank Kosiba
VRBO Instant Booking Cancelation?
We recently enabled Instant Booking on VRBO for a seasonal vacation property. The rates are $2500/week peak summer, and go down to $225/night off season with a 3 day min. We received a couple random weekends, which is...
Mary Jay
buying with tenants-rent collection transition?
Hi guys,sorry if its a stupid question...Ive never bought anything with a tenant in it before, so not sure how to make a transition for the rent collection?I am supposed to close on a property in the end of this month...
Justin Goodin
📌 3 Common Multifamily Metrics Explained
🗣 You will hear many terms thrown around when evaluating different #realestate syndications (group investments).
Here are 3 commonly used terms that describe the returns📈 of a real estate syndication.
✅Cash-on-cas...
Jorge Abreu
The Step-by-Step Process of a Syndicated Investment
Step 1: The sponsor announces that the deal is open for funding, usually via email.
Step 2: You review the investment summary deck and decide to invest.
Step 3: You submit your soft reserve, telling the sponsor how ...
Winford Hill
Tenant deducted from rent
To all experienced landlords,I have a bit of a dilemma. I used a Property Manager to lease a property for me. Once a tenant was selected, I took over property management responsibilities. One of the community requirem...
Brian Berry
Section 8 property owner - changed PM, no payments from CHA for 4 months
I am looking for suggestions on next steps. I have SFH in Chicago that is rented to a Section 8 tenant. Chicago Housing Authority (CHA) has always been very reliable in making payments on the first of the month. In Oc...
Sandra Severin
Mississippi / ramp era
I have receive payment from this program it took about a month month-and-a-half but you will get it once your application says paid you should receive your funds in about 2 weeks