Tayvion Payton
Looking to network & learn about the DFW market
19 September 2024 | 10 replies
It contains hundreds of files such as ebooks, checklists and spreadsheets for real estate investors: https://www.biggerpockets.com/filesGood luck.
Manny Vasquez
Lower price but higher rate? OR Higher price but lower rate?
16 September 2024 | 5 replies
For those of you trying to “Time the Market” or trying to figure out the “Perfect Time to Buy”, either because you believe home prices will drop or because interest rates will drop (which they will in the very near future), I have a scenario for you.Consider these two scenarios, in both cases you have the EXACT SAME Principal & Interest Payment1.
Clare Cui
Bankruptcy (but great credit score?)
16 September 2024 | 8 replies
Hello all, I have a prospective tenant for a rent by room strategy, we're in initial stages (he hasn't officially filled out the application to verify his credit score) and he is letting me know he filed bankruptcy in 2020, but his credit score should be above 620.
Aaron Dixon
South Bay MTR Arbitrage
17 September 2024 | 4 replies
It contains hundreds of files such as ebooks, checklists and spreadsheets for real estate investors: https://www.biggerpockets.com/filesGood luck.
Halimah Cole
Unpaid Rent
16 September 2024 | 3 replies
I want to file a judgement against her for the money.
Account Closed
What part of rental income do lenders consider?
14 September 2024 | 10 replies
They are based on the DSCR ratio, which is rental income/(principal + interest + taxes + insurance + HOA).
Jennifer S.
One Electric Meter for Two Units
17 September 2024 | 24 replies
If the tenant does not pay the electric bill, the utility company would be responsible for filing a lawsuit to get their money from the tenant if the tenant is unwilling to pay.Best of luck, David
Anthony Thompson
New RI Rental Registry & Lead Paint Cert. Requirements - registration due 10/1/24
16 September 2024 | 1 reply
If not, well you know the old saying, "the best time to get a lead paint certificate for your units was last year; the second best time is now".I've been told that the RI DOH may not start hitting people with fines for failure to register on October 1 as the law allows them to, due to the insufficient # of inspectors in the state to meet the demand.However, I've also been told that the other part of the law, the one that makes it so you cannot file for an eviction in RI without a current lead paint certificate, is expected to take effect sharply on October 1st.For anyone who hasn't submitted their properties/units to the new registry, I have a 15-page guide (with screenshots) that walks you through it.
Sanjay Fernandes
Enhanced Homes Property Management
16 September 2024 | 16 replies
I have received notice of them filing Bankruptcy Chapter 7.
Morgan Brown
Private lending for multifamily
16 September 2024 | 7 replies
Many lenders have brutal release fees to break up a blanket loan these days; many are 125% of the allocated principal balance.