Gamal Harding
Property Renovation Overview: 1453 Southfield Dr, Columbus, Ohio
1 January 2025 | 0 replies
This project highlights our commitment to high-quality living spaces in Columbus.
Chris Mahoo
Long term rental when you are not full time real estate professional
22 January 2025 | 10 replies
Being a real estate professional allows you to treat the income as non-passive, allowing higher high income tax payers to pay less in taxes.
George Lopez
Thoughts on RentToRetirement?
27 January 2025 | 1 reply
https://www.biggerpockets.com/forums/12/topics/1122318-quality-turnkey-companies?
Sonu Sundar
Dubai real estate investment
27 January 2025 | 35 replies
Despite the fact that the market has dropped significantly both in rent and price, I still think the market should be considered high risk/high reward.
Roman Stefaniw
Arms length Mortgages/Private Lending
14 January 2025 | 15 replies
This is a self directed RRSP or TFSA account that allows you to lend your money out to people with the backing of their mortgage for a high interest rate. 1st, 2nd, 3rd mortgages, down payments, refinances, flipping or renovation money.
Andy Wang
Should I sell my note? 1.2M @ 8.5% for 4.5 yrs
27 January 2025 | 7 replies
Here are some general guidelines: Lien Position1st Position LienEquityMinimum Down Payment of 20-25% (a 30% equity to sale price is preferred)Down Payment made in certified funds and not borrowedMaximum Funding of 70% ITV (Investment to Value)SeasoningMinimum of two monthly payments already made12 months or more preferredPayer CreditCredit Score of 650 or higherNo major derogatory trade lines (No 90-180+ days delinquent, foreclosure, repossession, bankruptcy, etc.)No decline in credit since purchase of businessTermsPrefer 60 months or lessMaximum of 72 monthsNo Balloon Payment preferredCash FlowBusiness has positive cash flow1.25 debt service coverage ratio preferred.DocumentationPersonal guarantee from a creditworthy individualStandard documents including Note, Security Agreement, and UCC-1 filing.Tax Returns on the business that substantiate profit and loss statements.OtherPayment history current and verifiablePayer Interview indicating buyer is satisfied with business and comfortable making paymentsMotivation for selling the note is not a result of a deteriorating businessConsideration of high risk businesses or geographic areasIn these situations, sometimes a partial is a better option.
Nick Rutkowski
Sometimes, its easier to work with problem tenants than strong arm them.
26 January 2025 | 30 replies
I suspect most who requested cash for keys had previously received cash for keys.What I do instead is explain:- the housing shortage in my market and that an eviction will forever make it difficult to find a quality rental in this market. - I will ding their credit such that all credit cards and other debt will cost them more.- I will keep their security deposit for funds owed.- I will do my best to garnish future wages until their debt to me is paid in full.This has worked 100% time so far.
Collin Hays
I fired dynamic pricing today
2 February 2025 | 20 replies
During the peak season you have to make your money when the slow season is so much less.I do have events where the prices are expected to be high due to supply and demand.I do see some of the dynamic pricing days as being rediculous and your going to miss out on the early bookers looking for a fair price.
Keetaek Hong
Where (cities) & what (asset types) in Dallas/Houston to invest for maximum apprec!
31 January 2025 | 5 replies
Some even offer preferred interest rates as low as 5.75% at no cost to you.
Sheila Steubing
REI GAME CHANGERS Reviews James Hodges
17 January 2025 | 19 replies
They sound very knowledgeable and I am interested in jumping into the customized course they offer.