Joseph O'Sullivan
TSP Loans - Current Pros and Cons
29 March 2024 | 11 replies
If the borrower intends to use the same asset to satisfy financial reserve requirements, the lender must reduce the value of the asset (the account balance, in most cases) by the proceeds from the secured loan and any related fees to determine whether the borrower has sufficient reserves.
Elliot Mitchell
You can do it too!
31 March 2024 | 21 replies
Currently a structural engineer so that definitely helps with some of the real estate issues!
Seth Baumgartner
Exploring House Hacking in Orlando: Seeking Advice on Renting Out Rooms to Offset Mor
30 March 2024 | 2 replies
Anything built before the 70s will most likely have issues with plumbing or electrical, and roofs last about 20 years, and should be permitted most the time on county websites.
Brian Ronning
Acquisition of a property with month to month tenants in place already
30 March 2024 | 9 replies
Box; rent can only be paid by bank deposit.For your convenience, the nearest location to your home is 123 Main Street, (City), or you can execute a bank-to-bank transfer using the routing number provided.If you have any questions, concerns or maintenance issues, you may call or text my cell phone at (your business number), or you may email me at the address listed at the top of this notice.Please don’t hesitate to contact me with any questions about this transition or any other pertinent issue.Sincerely,(you)
Diego Diaz Ramirez
Disposition of Big Portfolios
29 March 2024 | 1 reply
The issue is finding a buyer for this portfolio.
Vlad Krokhmal
Renting out basement in single family home to a separate tenant
29 March 2024 | 1 reply
Hello biggerpockets,I am trying to understand all the potential *legal* issues I can run into by trying to split a regular single family home that is zoned as such into essentially a duplex with 2 separate tenants, one living in the house and the other in the basement.
Ross Benedict
obtaining a loan under an LLC in Florida for buy and hold
29 March 2024 | 17 replies
I would say it behooves you to close with a private source of cash (hard money lender, private lender, even a relative).
Joseph Weisenbloom
Tenant signed lease but wont pay deposit
29 March 2024 | 25 replies
I have used this lease for 7 year without running into this issue.
David Joseph
Scripts on Pre forclosure
28 March 2024 | 3 replies
Hey there everyone i need scripts related to pre forclosure some of them so that i can select one or re create
Tara Unruh
New to investing and learning all the things
28 March 2024 | 14 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.