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1 September 2017 | 4 replies
or is there some legal way to find out why it was abandoned?
30 August 2017 | 4 replies
I am very lucky because I have zero debt and no bills other than phone and food since I decided to get rid of my car I have no expenses now.
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1 September 2017 | 3 replies
Analyzing income and expenses will give you an idea of what kind of free cash flows you can expect based on your invested dollars.Globally speaking, ROI's can range all over the place depending on so many factors (purchase price, terms of debt, occupancy, rehab efforts etc.).
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30 August 2017 | 5 replies
Bigger Pockets Family, I was wondering if this is legal: Can I ask a tenant to move out early if I am going to move into unit she is leaving anyway?
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30 August 2017 | 2 replies
I'm assuming that person A had no legal authority to "sell" to person B without paying off the mortgage so in my mind that should make the Deed for the Quitclaim null and void.My questions are:1.
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6 September 2017 | 5 replies
He or she will tell you exactly how much they can finance based on the current interest rate and the Debt Service Coverage Ratio (DSCR) that they need (typically 1.15).
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31 August 2017 | 9 replies
You generally try to get enough of a fee to cover so many expected months down time to get a new tenant until open and paying rent, expected leasing commissions needed, and attorney legal fees negotiating a new tenant lease, along with the attorney fees for negotiating the termination, as well as tenant improvements.So you might go for it 400,000 left on primary term 100,000 or something like that.
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31 August 2017 | 3 replies
Seek legal counsel or the right answer.There is no quick fix for dealing with a flooded house.
30 August 2017 | 6 replies
That's a span of time you can't even fathom at your age.2) BUILD a SOLID FINANCIAL FOUNDATIONGet your credit score to >700 (there's a ton of info on how to build your credit anywhere on BP or Google)Obtain or continue earning W-2 income (this becomes important when you want to obtain a mortgage down the line)Pay down any bad (consumer) debt and don't pile on any additional bad debt.Start saving.
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31 August 2017 | 5 replies
This is strictly a perception thing in my opinion, not a legal issue.Also generally speaking the code of ethics for licensees makes things like wholesaling a bit of a gray area in terms of who all gets a piece of the pie (broker's comission split and other distribution of earnings)