Jorge J.
How to search for a Mortgage Lender?
Hello,I am new to RE and am looking to perhaps purchase my first property. However, I am a bit confused in where I should go to get a pre-approval? Should I start with Banks ( Such as Chase, Bank of America etc..), sh...
Joshua Kaufman
Referral Agreements - Are they with the Broker or Agent?
Here's the scenario:I'm a licensed real estate salesperson in NJ. I also have a real estate investing company where we purchase a small 2-unit apartment building and partner with a contractor to convert them into 2 co...
Zoe Lee
Fees upon termination with property management company
Hello fellow biggerpocketers, We are reviewing our contract with our PM regarding termination fees. I found this section:12. FEES UPON TERMINATION: At the time this agreement ends, Owner must pay Broker:A. all amounts...
Michelle Garcia
How are mortgage rates calculated?
I want to get a better understanding on how mortgage rates are calculated. I currently have two lenders trying to convince me to choose them as my lender with 5% down. One lender is telling me they can give me a 3.5% ...
Ted Caputo
New to STR questions
I am researching STR and multi-family. I just watched a video by Avery Carl on STR analysis and had two questions.1. As she was determining gross income she used average daily rate and multiplied by 355 days. Isn't th...
Mattian Tad
Los Angeles ADU design cost
Hello All!!
I am planning to build a 1200 sq. ft. detached ADU in Los Angeles ( boarder to Culver City) and I spoke with few Architects and their price is very different, the lowest was 8k and the highest 20K not ...
Account Closed
3 Ways to Wealth in Real Estate - CashFlow Flip Hold – Here’s How
I’m always looking for the right solution to that old question “How Do I make money in real estate.” I will focus on How To Buy Properties because I believe you make money when you buy. What you do with the property a...
Cameron Andrews
LLC Annual Report Fees
Hello! Is anyone aware of alternatives to paying LLC annual report fees? There's a hefty $300 minimum per LLC in Tennessee. This will become more important with numerous LLCs.I know this is a question for a CPA and/or...
Account Closed
Starting out: Looking for strategies to lower closing costs
Hi there, I'm Didi and I live in the greater Philadelphia area. I'm looking to start my real estate investment journey with a house-hack. I have good credit and I've been preapproved but when it comes to the total amo...
Daniel Soovajian
Question about closing costs
Hello!I have a question about closing costs...I've reached out to 4 lenders and secured pre-approvals with each to compare their rates, fees, etc.For a 25% down payment with 1 point on a $200,000 investment property, ...