Tyler Sample
First Investment Completed in Corpus Christi, Tx
5 September 2024 | 3 replies
Buyer from Miami, FL. 466% profit technically.
Mohamed F.
What are your cash flow percentages? (residential)
4 September 2024 | 2 replies
For example, if rental income stayed the same for 5 years (just hypothetical) at $100,000, and your cash flow from operations went from $10,000 to $30,000, then technically you are becoming more efficient at receiving cash from your overall rental income.
Carmen Assang
Report delinquent rent and notice to quit
4 September 2024 | 2 replies
Technically, they still owe 2 months of rent.
Brady Herbaugh
New to Investing: Should I House Hack or pursue another strategy?
6 September 2024 | 28 replies
Technically a SF, but we have an ADU on the property that we live in and rent out our main house.I love the fact that my tenants are paying most of our mortgage and if you benefit from those duplicating expenses in traveling healthcare, I'd imagine it will enrich you in more ways than just your tenants covering your costs.
Iliya Muzychuk
Stable Diffusion & ControlNet for Reimagining Real Estate
4 September 2024 | 3 replies
It requires technical knowledge yet is super adaptive and open source and once controlled, you can easily scan sketches of ideas and convert them to realistic renderings.
Kay Elizabeth
Sheriff sale (school tax foreclosure) - PA
3 September 2024 | 7 replies
Although this is technically inaccurate (I saw a case where a sheriff sale of this sort was challenged and the challenge lawsuit took 11 months, deed recording came after that), that is the typical practical waiting period to get the title insurance for the resale.Whatever the mortgage balance, that’s now your obligation to get paid off; before even bidding on any sheriff sale property you should have a good idea of any remaining mortgage balance(s).
John S.
I just had 12x "discrimination" lawsuits/complaints filed against me...
7 September 2024 | 36 replies
It's a commonly applied local overlay in the 'usual suspects' of States that have restrictive tenant protections, so its unfortunate that you thought you didn't have to accept it...technically you may not have been required to 'accept the voucher', but you have to allow them the opportunity to apply and then allow the housing office to decline the property.
Li Kia
Security Deposit deduction questions
4 September 2024 | 7 replies
Quote from @Li Kia: Yes, these are all legitimate deductions.You are technically only permitted to charge them a depreciated value.
Agustin Rossi
What to do if a motivated seller asks for proof of funds?
3 September 2024 | 32 replies
Where the letters aren’t outright fraudulent and lies, they are misleading, with the person selling or giving the proof of funds letter to the unqualified wholesaler doing zero due diligence on the property and at best stating that, technically, funds could exist and or be set aside for the purchase of the property,The practice, when used this way is meant to mislead, and those who ask for, give out, or receive, proof of funds letters in this way are not welcome here on BiggerPockets.The right answer here is to qualify for a loan on the property personally, and show this to a seller, or to be straightforward with the seller that you are in no position to buy the property personally, but will be wholesaling it for them.
Noah Bacon
NAR Rule Changes in Full Effect
3 September 2024 | 2 replies
SellersWith the changes, sellers will technically now have the choice whether they want to offer any compensation to the buyer’s agent...or none at all.