Jennifer Turner
How to modify terms of a seller-financed mortgage?
27 January 2025 | 10 replies
Our current mortgage terms include a late fee after 5 days, so they’re already paying extra each month and have to split the total monthly payment up between 2-3 payments when they get their pay check.
Erica A.
Renters Stackable Washer and Dryer
29 January 2025 | 10 replies
The current one lasted 8 years and needs to be replaced (as per what our property manager is saying)I heard front loaders could leak, so I typically only do top loaders for rentals.
LaTonya Clark
Lender- 40 year loans
20 January 2025 | 31 replies
But if I decide to pay an extra $2,000 per month, in addition to my (dropping month after month) minimum interest-only payment, when the loan is recast to principal and interest, the new payment will be based on the remaining balance ($396,000) spread over 25 years.
Matt Williams
sell or hold duplex?
20 January 2025 | 4 replies
A 50% LTV on a $120K house at 7%, 30 year Am results in a $400/mo interest payment.The cashflow on your existing duplex goes to $1,000 per month, but now you can buy another just like it so yoru cashflow goes to $2,000 per month.
Kenneth Joseph Perfido
Creating LLC in a new state
29 January 2025 | 2 replies
If you no longer have business operations in the old state, forming a new LLC in the new state and dissolving the old one may simplify compliance and tax obligations.Some states impose franchise taxes and annual fees that could make one option more cost-effective than the other.
Chris Lo
Platforms for landlords
7 January 2025 | 3 replies
If you spend 10-15 minutes watching every week, you'll know how to price your home.
John Zhang
Is there a dollar limit on how much we can use real estate depreciation to offset W2
30 January 2025 | 4 replies
This is per the 2024 instructions of form 461.
Jonathan Greene
Are the forums on BiggerPockets getting worse and worse or is it just me?
23 January 2025 | 52 replies
Finding a good post to respond to takes me close to ten minutes.
Ryan Daulton
Rental arbitrage is scam or not
26 January 2025 | 4 replies
It would cost me only $2300 per month which includes rent utilities furnishing and property management. she showed me one example only of a customer who profited greatly.
Hillary Buckingham
Tips for a newly licensed agent with a goal of $50k in commissions my first year
17 January 2025 | 7 replies
You didn't mention where you are operating, but depending on average home prices, I think you'll be ok.For instance if we're talkin $500k homes, and if you will get a 2.5% commission, split that 50/50 with your Broker, you will end up with $6,250 per sale, right?