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21 December 2024 | 6 replies
I just had a vacancy come up in the middle of a fourplex escrow and the seller had the unit re-rented in under a week for $50/more per month. 6) Yes it's hot, but with individual metering the landlord doesn't foot the electric bill 7) Yes the market is competitive here, but mostly for 3/4 unit properties.
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19 December 2024 | 6 replies
Realistically I know that we have built into our assumptions that there will be a certain amount of days in our properties that we will not be able to bill for (and we are well below that number), yet I still worry.
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15 December 2024 | 12 replies
why would a tax bill wipe out your equity at 60% loan to value?
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8 December 2024 | 14 replies
We are considering a new policy at BiggerPockets and request feedback.Idea: Update our website policy such that "Wholesalers" who break forum rules, solicit members, or submit requests to meet agents using our agent finder will be sent a $125 bill for each infraction.
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17 December 2024 | 2 replies
@Patrick ShepWell said @Bill B. the lending wouldn't be an issue in this case as long as you meet your reinvestment requirements.
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24 February 2025 | 94 replies
Your new buyer should’ve had a POA, access to the online account, and had all future bills changed to his own mailing address.
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24 December 2024 | 6 replies
By the way, credit card expenses count when charged, not when the credit card bill is paid.Buy more stuff.
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9 January 2025 | 44 replies
It's not the same - you have to deal with transportation, storage, through put cost, counterparty risk, the need to find an end buyer in the right location with the demand at the right time, collections and billing on giant sums of money, etc.
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17 December 2024 | 3 replies
Loan terms are 30 years fixed and there are 10 year IO options available.Lenders will require a Passport, Verification of Residence (Mortgage Statement, Utility Bill, etc..), Either a US credit report or credit trade line history in your country of origin, US Entity documents (EIN, Operating Agreement, Articles of Organization,), 2 months bank statements for proof of closing, and 6-12 months reserves on top of closing costs and DP.