Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (10,000+)
Christi Wolverton Credit card payments declined
4 February 2025 | 7 replies
I'm sure they're getting something out of it and I've asked tenants if they indicated they wanted to pay by credit card just to see where this is coming from.
Andy Wang Should I sell my note? 1.2M @ 8.5% for 4.5 yrs
27 January 2025 | 7 replies
Here are some general guidelines: Lien Position1st Position LienEquityMinimum Down Payment of 20-25% (a 30% equity to sale price is preferred)Down Payment made in certified funds and not borrowedMaximum Funding of 70% ITV (Investment to Value)SeasoningMinimum of two monthly payments already made12 months or more preferredPayer CreditCredit Score of 650 or higherNo major derogatory trade lines (No 90-180+ days delinquent, foreclosure, repossession, bankruptcy, etc.)No decline in credit since purchase of businessTermsPrefer 60 months or lessMaximum of 72 monthsNo Balloon Payment preferredCash FlowBusiness has positive cash flow1.25 debt service coverage ratio preferred.DocumentationPersonal guarantee from a creditworthy individualStandard documents including Note, Security Agreement, and UCC-1 filing.Tax Returns on the business that substantiate profit and loss statements.OtherPayment history current and verifiablePayer Interview indicating buyer is satisfied with business and comfortable making paymentsMotivation for selling the note is not a result of a deteriorating businessConsideration of high risk businesses or geographic areasIn these situations, sometimes a partial is a better option. 
Carlos Lez Tenant's cosigner asking to break lease due to medical reasons
14 January 2025 | 9 replies
Unless the medical condition meets the state criteria for early termination and that the medical notice does not appear to suggest that, you cannot terminate the lease outright/immediately but that you will begin to market the property for rental and upon securing an acceptable tenant, the lease can be terminated pending a satisfactory property walkthrough indicating no damages. 
Yash Shah Corporate (Bank owned) house for sale
23 January 2025 | 2 replies

Hello everyone,I'm new to this group and would love to hear your thoughts on the pros and cons of purchasing a corporate or bank-owned home. What should I keep in mind to ensure I'm approaching it the right way?Thank ...

Penny Wilkinson Looking to sell a duplex but having trouble determining value
16 January 2025 | 15 replies
This method provides an indication of value based on the property's rents.
Sheila Steubing REI GAME CHANGERS Reviews James Hodges
17 January 2025 | 19 replies
The failure to fulfill basic employment obligations, coupled with wrongful terminations, indicate a lack of integrity and professionalism within the program.
Erick Armando Gonzalez Tenant Ignoring Renters Insurance Requirement – What’s My Next Step?
5 February 2025 | 21 replies
It makes sense for house mates, spouses etc. to be Additional Insured on a renter's Insurance policy if they also live there and keep their stuff there (although I think anyone on the lease is typically covered anyway).
Jack Cottrell Help me adjust my expectations - first deal pending
24 January 2025 | 36 replies
This implies the return has to be via cash flow but you indicate with your numbers it is pretty close to break even.  
Selina Gray Housing Prices Heating Up: What Landlords Need to Know
29 January 2025 | 0 replies

The housing market never ceases to surprise us. December marked a big moment: for the first time since mid-2022, home prices increased year-over-year in all 50 of the largest U.S. metro areas. Yep, every single one.
...

Johnny Lynum Multifamily vs. Single-Family—What’s Your Take?
17 January 2025 | 20 replies
When I was 22, I did a house hack, and I highly recommend it.