Lingo Translator for Newbies

10 Replies

Every now & then I log on & read through some posts. Being that I am still a newbie, I am constantly stumped by abbreviations which all the old timers are constantly using.

May I suggest BP creates a dictionary where us newbies can look for translations?

In the meantime how about compiling a list of all those abbreviations?

I'll get started with two that have stumped me.

EMD = Earnest Money Deposit

ARV= After Repair Value

Cool that is so perfect!

Thanks

I've bookmarked it so I can find it easily next time

That was very helpful, @Jon Holdman  .  What about the phrase, "unload a property."  I heard it used today on a podcast when a woman was talking about wholesaling. 

Thanks @Jon Holdman  - this may seem like a silly question, but why not just use the word sell instead of unload?  

Why not?  It sounds cooler.  People use all sorts of words with the same meaning.  Its just the way folks talk.  

Originally posted by @Goldy R.:

I've bookmarked it so I can find it easily next time

May I ask how to bookmark a page? I can't seem to find it.

@Brittany Tucker  bookmarking is something you do in your browser.  Details depends on the browser.

 Oh well I know how to do that! Thanks @Jon Holdman, I thought there might be a feature on the website where you could flag all your favorite threads.

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