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Results (10,000+)
Cristal Ochoa PennyMac Loan Transfer to LLC
7 January 2025 | 5 replies
However, no one at PennyMac was able to provide documentation nor were they able to confirm that our monthly payment would remain the same after transferring to the LLC.  
Jaron Jackson How to get rent payment from previous owner?
10 January 2025 | 8 replies
You can reach out to the Title company and see if there are any funds remaining for dispersement, if so then ask if there is a way to make a claim to those funds.
Ralph Ace Down payment with Heloc
6 January 2025 | 2 replies
Hello Ralph,Yes you can used a HELOC from another property as a down payment for a new one, then get traditional financing on the remaining 100K. 
Tim Hem Capital Gains and IRS Publication 523
9 January 2025 | 9 replies
If yu claim one it doesn't void the option to claim the other one.Provided you meet the IRS requirements for both, as a tax strategy, you could complete exclude a portion of capital gains under Section 121 and then defer the remaining capital gains under Section 1031 (@Dave Foster is a great resource for 1031 exchange). ..
Tom Hall is it a good idea to pay of my mortgage fast?
6 January 2025 | 28 replies
any advice on paying mortgage off or faster With a standard mortgage, your monthly payment will remain the same for the life of the loan.
Rob Beardsley Top 10 Reasons to Invest in Pittsburgh
5 January 2025 | 8 replies
The analysis also reports that new multifamily development will “remain near the average recorded over the past five years”.Integra Realty Resources’ 2017 Commercial Real Estate Trends Report ranks Pittsburgh #2 on its Top Markets by Multifamily Transaction Volume Based on YoY Change.Pittsburgh’s rental vacancy rate has declined by 25% over the last five years.Pittsburgh is booming with developments (see reference #6), “there is no better place to be a developer right now than in Pittsburgh.
Pankaj Malik Tenant threatening to sue and wants to extort money
19 January 2025 | 27 replies
Advise him in writing that - email AND via US postal system with proof of delivery required that the lease remains in effect as is and that you, again, recommend that he file a claim with the provider of his renter's insurance for any losses he felt were sustained. 
Joshua Parsons Really long distance investing (International)
19 January 2025 | 46 replies
This figure represents the highest employment rate ever recorded in Italy, indicating a positive trend despite remaining below the EU average. https://www.statista.com/topics/12899/employment-in-italy/2. 
Caleb Rehg Renting to College Students
12 January 2025 | 23 replies
You can collect close to 100% of your rents when doing that. https://www.biggerpockets.com/blog/student-housing-rentalshttps://www.biggerpockets.com/blog/student-housing-remains-a...
Jennifer Fernéz Help with this deal!
18 January 2025 | 10 replies
It's crucial to evaluate how the deal performs with the new mortgage:Updated Financials After Refinancing: Market Value: $250,000 Mortgage Amount (80% LTV): $200,000 Equity: $50,000 Interest Rate: 5% (30-Year Amortization) Assuming after 12months the rate will drop from 6% to 5%Monthly Expenses: Mortgage Payment: $1,074 Property Tax: $260 (4% Adjustment from last year) Utilities: $309 (+3% Adjustment) Insurance: $104 (+4% Adjustment) Vacancy: $105 Repairs & Maintenance: $105 (now after 12 months we can assume we have repairs at 5% factor on annual rent) Total Monthly Expenses: $1,957Rent Income after 12 months assuming annual rent increase at 5% : $2,100Cash Flow: $143 per month 😊Year 2 Return on investment $2,951 Principal Paydown year 2 $20,000 Property Appreciation (assuming 8% per year) $1,720 Yearly Cash Flow (this will increase as rents rise) $50,000 Initial Equity Total Gain $74,671 with just $ $22,789 remaining in the deal.