Ben Boru
Negotiating the bank down?...
Here is a mortgage statement from a homeowner that is being foreclosed on. He wants to sell to me. Can I negotiate some of the interest and late fees down from the bank? And what is the best way to approach that conve...
Karl Krentzel
Why Don't More Realtors® Wholesale?
I gotta tell you. I'm frustrated. Maybe I'm alone. However, sometimes it feels as though I am the ONLY one who seems to "get it." As a Realtor®, I recognize the inherent brainwashing that goes on in the industry wi...
Harry Metzinger
Cash Offer
Hi BP, I am currently evaluating a property where I know a cash offer is looked upon favorably compared to purchasing with a conventional mortgage. I am in position to make a cash offer this week. Since the process ...
Jason Pelch
When do we talk with all the suits?
Here is a bit of background: A friend of mine and I have teamed up and are diving into real estate. Neither of us have any substantial cash on hand but we both have good jobs and good credit. We’ve teamed up because...
Anita Parsa
Why do sellers sell good rental properties?
I'm looking at a multi family unit which would be a turnkey rental opportunity for me. I'm a total newbie so I've run the numbers two dozen times with conservative assumptions on everything (high vacancy, high repair...
Nathan Shankles
The 2% rule - how close do you stick?
I bought my two investment properties about 8 years ago and at that time hadn’t heard of Th e 2% rule. When I recently learned of it, I went and did the math. Each of my properties falls between 1.3 and 1.6%. I’m wond...
Sierra Fox
Tenant Gets a puppy against landlords permission
Hello,
My tenant signed the pet agreement (addendum to rental agreement) prior to getting a puppy without my knowledge. I just found out she got a puppy after signing the document and not asking for permission. Wh...
Dominic Scatto
Training Tenant/Constant Late Rent Payments
Hello Fellow BP'ers!So, I've been renting to the same tenants going on 3 years! Exciting, yes. Everything has been fairly uneventful with them - except for having to replace the whole HVAC system the first summer they...
Alicia Marks
QOTW: What conditions would make you want to leave RE investing?
Our Question of the Week is again about data. You don't need an economics degree to see that rates and values are rapidly increasing.Read our data expert @Dave Meyer's take on it here" https://www.biggerpockets.com/.....
Lloyd Segal
Economic Update (Monday, November 9, 2020)
Economic Update
(Monday, November 9, 2020)
The election is finally over. Now we can return to ...