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Results (10,000+)
Account Closed 12 Questions to Ask Tenant References
11 October 2024 | 1 reply
Your options in this case are to:Decline their application.Accept them without references and take the risk, assuming everything else about them is stellar.Require a co-signer.Require an additional security deposit if that is allowed in your specific state.The option many landlords choose is No. 2: Accept them without references, asking for an additional security deposit.
Michael Fucillo Feedback on Rentvine
7 October 2024 | 20 replies
I used them when I first started 13 years ago, but switched to something more robust when I hit 150+ units.Software is a common question on BiggerPockets.
Joseph Scorese Exploring Economic Trends in your Immediate Real Estate Market Strategy
8 October 2024 | 0 replies
Investing in energy-efficient appliances, insulation, and solar energy systems can increase your property’s appeal and reduce long-term operating costs.By paying attention to these economic factors, you can make informed decisions about property acquisition, pricing, and tenant targeting, ensuring a more robust rental strategy.
Lianjun Wu Neighbor's fence and swimming pool Damaged by Tenant's Trampoline
11 October 2024 | 2 replies
Before the hurricane hit, I reminded the tenant to secure trampoline.
Vinay Sanapala Ready to Dive into Section 8
16 October 2024 | 13 replies
Maybe its the sense of security..
Tanya Maslach Using an IRA for downpayment funds?
11 October 2024 | 10 replies
The implications of taking money from a retirement account(if not Roth) is that the distribution will be considered income and potentially subject to a 10% penalty.In my opinion, real estate investments and securities within a retirement account are used towards your later years.So it doesn't matter whether it is in one bucket or the other.If you are subject to the 10% penalty, I would only take out a distribution if you strongly beleive your return from real estate will be several percentage points higher than what you can invest in with your IRA.For example, if your return within the IRA is about 8% and you can make 10% in real estate, I would consider doing the distribution because the extra return will pay off the penalty over a few years.Best of luck
Account Closed Mortgage rates jumped by more than 0.25 percent on Friday - wrong way Mortgage News
6 October 2024 | 3 replies
The U.S. economy added more jobs than expected, which signals robust economic activity and pressures the Federal Reserve to maintain higher interest rates to combat inflation.
Rebecca Morris Extremely new at all of this
14 October 2024 | 14 replies
Networking can provide valuable insights and opportunities.7) Get Pre-Approved for Financing: If you plan to buy property, secure financing by getting pre-approved for a mortgage or exploring other funding options.8) Start Small: Consider beginning with a smaller property or investment, such as a single-family home or a small multi-family unit, to minimize risk.9) Conduct Due Diligence: When you find a property of interest, perform thorough inspections, research the title, and assess potential for appreciation and cash flow.10) Take Action: Once you're ready, make an offer and start your real estate journey.
Sanil Subhash Chandra Bose Simple Guide to Conducting a Title Search: DIY Before Hiring a Title Company
11 October 2024 | 7 replies
Mortgage: A legal document outlining a loan secured by the property.
Saurabh Patel Property Maanger stole my money - Tenant deposits and one month rent
10 October 2024 | 6 replies
Either have them start sending you their rent or find a new PMC ASAP.Once you have that issue resolved, you can focus on any missing rents and security deposit.When did the broker stop sponsoring your PM?