James Rador
Looking to purchase a property with a behind tenant
21 September 2021 | 5 replies
Are there statements or bank account deposits that verify they are actually paying rent?
Jackie Wong
Unresponsive Tenant Moving Out EOM, Still Owes Rent
22 September 2021 | 3 replies
Sine her rent is unpaid, there is not enough security deposit to cover both unpaid rent AND damages that may need repair.
Ari Newman
The (proposed) Death of your SDIRA
31 October 2021 | 16 replies
•Banning ownership of your IRA of more then 10% of ANYTHINGoIf you wanted to own a rental house in your IRA, only the IRA itself could own it; you wouldn’t be able to use the statutory protection of an LLC.oNo more use of Land Trust or PPToNo more Checkbook IRAsoNo more Joint Ventures in which your IRA owns 10% of a deal or an entity•A proposed limit on Roth ConversionoOnly Pre-Tax traditional accounts may be converted to a Roth IRAoFor you business owners, this will effectively mean that only your Employee Elective deferrals ($19,500 in 2021) and Pre-Tax Employer matching will be eligible for Roth Conversions.
Pierre Preston
Are these lenders list verified by bigger pockets?
12 December 2021 | 10 replies
I get loans from a local bank who takes application deposit which are refunded if no loan is closed, less the cost of a credit report or possible appraisal.they offered true no credit reported commercial loans that don’t count towards your Fnma list and have long before the new lenders.
Jim Butterfield
BRRRR home pricing?
21 November 2021 | 4 replies
I don't mind leaving capital in a BRRRR deal provided there is equal or better equity to match BUT it also has to cash flow to my standards while fully leveraged at 75% of the ARV.
Jennifer Rogers
Renting to non citizens
18 November 2021 | 5 replies
I have occasionally rented to foreign students.Check their passport and visa stamp, make copies of them, require a bit larger deposit.
Anthony Golden
Cost of supplies in Pittsburgh, PA
18 November 2021 | 1 reply
For both our in house reno crews and the ones we work with, most can start a job within 2-3 weeks after closing/deposit paid however depending on the job size could take a week to a few months.
RJ Emmett
Renter buys his own property, then fails to pay last month advice
19 November 2021 | 13 replies
The PM should have his deposit, so make sure your PM gives you that and doesn't return it to the tenant.
Syman Scarpellino
Investing Deposits?
19 November 2021 | 6 replies
Security deposits are not YOUR money to spend.
Bradley Kovach
Best locations to invest in Houston.
31 July 2022 | 25 replies
Hi Everyone,I put in earnest deposit on two new single family constructions - Lennar in Magnolia and The Highlands - Porter by David Weekly (both properties are 3 bedroom)....I am not from Houston area, Can anyone here please tell me if these were wise choices for rental properties?