Bob Asad
How do you prevent co-mingling of funds?
7 January 2025 | 24 replies
We did not do this and still encounter less than ideal setup the result of our initial setup many years ago.
Omar Santander
New Investor (local and long-distance)
25 January 2025 | 10 replies
To start your journey, I recommend focusing on building your network by joining meetups and engaging in online forums, while narrowing down your first investment based on your budget, market, and goals.
Danth Aman
Real estate agent is representing buyer and seller. Seller is the real estate agent.
21 January 2025 | 8 replies
From what I've researched, it's the less than ideal situation to be in because of the reasons you've stated.
Al Boettger
Residential Assisted Living
28 January 2025 | 42 replies
I attended the RALA 3-day training in Phoenix and took a couple of online courses as well, and while I found these courses to be very valuable in helping get a clearer understanding of the space and what it might take to be successful, I eventually I found it most beneficial to bring in a partner/advisor who has built residential assisted living facilities here in Texas and has been running them successfully.
Anna Zimmerman
Up and coming neighborhoods to flip a house in 2025?
15 January 2025 | 4 replies
I found an auction person, and I see listings online.
Chris C.
Anyone have experience with Elite Funding Group LLC
28 January 2025 | 17 replies
Could not find much online so figured I would turn to BP.
Keith Watts
Excited to see what the future holds... (Flips, Rentals, and Other Strategies)
28 January 2025 | 9 replies
Check out other online guides available here: https://www.biggerpockets.com/guides3.
Desiree Rejeili
Understanding Mortgage Recasting: What Homeowners Need to Know
22 January 2025 | 0 replies
Mortgage recasting is a great option for homeowners who:Have received a windfall, such as a bonus, inheritance, or proceeds from selling another property.Want to lower their monthly payments without extending their loan term or going through the hassle of refinancing.Are satisfied with their current interest rate and loan terms.How to Get StartedIf you’re considering mortgage recasting, here are the steps to take:Contact Your Lender: Ask if they offer mortgage recasting and confirm your loan’s eligibility.Determine the Lump Sum Amount: Decide how much you can afford to put toward your principal.Calculate Potential Savings: Use an online mortgage calculator or consult with your lender to estimate your new monthly payment and total savings.Submit the Request: Once you’ve made the lump sum payment, your lender will process the recasting and provide a new payment schedule.Final ThoughtsMortgage recasting can be a powerful tool for homeowners looking to reduce their monthly payments and save on interest without the cost and complexity of refinancing.
Michael Velez
Beginner Real Estate Investor
24 January 2025 | 13 replies
We all have a common reason for being in the room or on the online call.
Bailey Rentz
Done with Stessa. Where should I go?
13 January 2025 | 10 replies
But damned if I can find anything online about landlords using it!