2 November 2024 | 8 replies
Landlord can require tenants to be responsible for separately metered utilities, so can avoid waste.Landlord can get annual small increases in rent.NegativesMost of us don’t treat something we get for free the same way we treat something we’ve worked hard to obtain.S8 applicants claim “broke” and don’t like to pay application feesSame goes for security depositsS8 tenants, in our experience, tend to cause more property damage than non-S8 tenants. - Make sure you get a security deposit and perhaps do a surprise inspection of their current home.S8 requires an inspection (mostly health & safety) before approving a lease and then annually thereafter. - Not something most landlords taking care of their properties have to worry about.There are limits to clauses they allow in your lease.

7 November 2024 | 6 replies
The our business account is at its lowest ever.
8 November 2024 | 17 replies
Originally posted by Account Closed:How did you get the person's email address?

9 November 2024 | 87 replies
We the people need to pull our heads out of our social media butt's, stop accepting BS, lies, antics and hate and start demanding answers, responsibility and accountability from our leaders again or were gonna reap the consequences.
4 November 2024 | 11 replies
Quote from @Andy Bodrog: Thanks a lot for the replies @Chris Mason and @Gregory SchwartzOur lender said we can do a bridge loan but its around 11%.. id bring in 20% downpayment max, dont want to put too much personal assets into it and the issue is for yr1 w low rents and renovations its def a monthly -3-4k loss. def want an 8% or lower rateNot sure if lenders are ok with an initial cashflow loss, once its renovated we can have market rents and its a great deal after. it listed at 1.495M and we'd offer 1.2-1.25M. i understand the living in part doesnt necessarily bide well with investment focus, but for us thats a big appeal that its in a nice area to even live in If all you are looking at is 5% annual rent increases, that's not actually enough to get that 11% bridge lender on board.

4 November 2024 | 19 replies
He just helped my Doctor customer close on a Vacation home $1.2M home raking in over $125K in annual ROI.He is a Bigger Pockets member as well @AJ Wong

1 November 2024 | 3 replies
My Instagram and FB accounts were Meta verified (@chicagobrie) and someone hacked my linked business account (@midwestresummit) and violated community guidelines.

31 October 2024 | 8 replies
I have a few different bank accounts with multiple banks for different reasons (business partnerships, bank relationships, etc.)

9 November 2024 | 44 replies
The last time I spoke with the lender, they advised they have closed the account and will only accept a settlement offer.

5 November 2024 | 5 replies
Only one bank account needed, but you'd have to track income & expenses to do transfer and year-end accounting.As @Nathan Gesner mentioned, not really worth it.You two could also open a joint bank account for collecting rent and pay expenses, just be sure to track everything.Do NOT do what @Paul De Luca stated about transferring title!