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How much money do you set aside for contingencies (i.e.bankruptcy, unpaid taxes, evictions) when purchasing notes?Also, how long should such contingency funds be held and should they bear interest?
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Next 2 weeks, I'm going to be giving shout outs to those in the Note Industry that where kind and generous when I first met them as a newbie (true sign of a good soul). I'm starting with Mike Ruscica at https://yout...
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I just received a notification that the property I own in Gainesville, FL requires a rental permit. This caught me off guard as I have owned the property (via self directed IRA) for 5 plus years and have not received ...
Hi,I'm new to the forums and looking into purchasing rental properties. I do plan on keeping my current job while I get started.I'm currently reading the Bigger Pockets tax strategy book and it is very eye-opening and...
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Hi there everyone, my name is Laura Lamberth and I have been a biggerpockets learner for quite some time now, listening to every podcast and webinar I can! I have wanted to buy properties for as long a I can remember...
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Hi Bigger Pockets Community!My name is Noah Johnson. I'm 41 years old and a General Foreman for a Plumbing and Mechanical company. I've been listening to the Bigger Pockets podcast during my insufferable commute to Se...
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The (newer) custodian of my SD401k is requesting an annual real estate appraisal for each note I hold within the account. As in, pay for a house appraisal each year for each note.
This can’t be right, can it? Shouldn...
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Hello fellow BiggerPockets Team!
I'd like to introduce myself, my name is Gabby Adrian with CIVIC Financial Services. Originally an Ohio State Buckeye but now residing in Southern California! I have a passion for be...
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I am starting out buying SFH's buy and hold rentals under 100K in Cleveland suburbs. I have Good credit/20% down/W2 income so I will be using bank financing.
Instead of buying "ready to go" homes - I want to buy slig...
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Hello everyone...Motivated newbie in Denver. After a couple of years of reading/research on REI I finally stumbled onto BP. I'm only a few days in and "wow" what a great resource! Picked up a few books already (Brando...