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30 September 2024 | 2 replies
They will add the payment to the next month's payment after the issues are resolved which would be November in my case.Section 8 tenants are poor.
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2 October 2024 | 16 replies
If you want to take a risk and possibly come back in a year wondering what to do with a property that is performing poorly, then no it's not necessary.
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4 October 2024 | 16 replies
Investors should fully understand that Section 8 is not a cure-all for Class C & D tenant challenges, it's just trading one set of problems for another.We see too many investors not doing enough research to fully understand all this and making naïve investing decisions.
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4 October 2024 | 6 replies
With your boyfriend working for a builder/investor, you might have access to some insider opportunities.Working with your boyfriend’s expertise and connections is a huge advantage, especially for managing upgrades and potentially cutting costs on labor or materials.The $45K Home: Keeping the inherited property with the $45k balance as-is until Year 3 is a wise decision.
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3 October 2024 | 9 replies
I was really struggling to decide what investing option to prioritize but I got a lot of clarity from the decision making process in the book, so much so that less than a month after finishing the book, I'm under contract for my next place that aligns with my strategy!
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30 September 2024 | 6 replies
And you've joined one of the best communities for all things real estate investing.1️⃣ Download this ultimate beginner’s guide: https://assets2.biggerpockets.com/uploads/user_file/file_object/1694/UBG_2018.pdf2️⃣ Read BP beginner books on investing: https://store.biggerpockets.co...Also, read Rich Dad, Poor Dad by Robert Kiyosaki and Think and Grow Rich by Napoleon Hill 3️⃣ Subscribe to BP podcasts or YouTube channel and watch their webinars. 4️⃣ Ask questions here on the forums.5️⃣ Visit (join) a local (and legit) real estate investment association.6️⃣ Consider joining a BP bootcamp: https://www.biggerpockets.com/blog/real-estate-investing-bootcampsI wish you all the best in your investing journey!
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30 September 2024 | 3 replies
. - if I sell funds either go into stocks/back up funding for being less cash poor.
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30 September 2024 | 10 replies
Any thoughts on if this might be a smart decision or if I should just rent equipment and write-off the costs?
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1 October 2024 | 26 replies
I prefer to keep all my dealings strictly business, no personal decisions when ever avoidable.
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1 October 2024 | 6 replies
If the buyer has good credit, you might go lower, while buyers with poor credit might justify a rate closer to 9% or 10%.Market-Based Adjustments: Keep in mind the current prevailing mortgage rates (which are currently around 6-7% for traditional financing) and adjust accordingly to stay competitive while still reflecting the added flexibility of seller financing.3.