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26 April 2020 | 3 replies
Have a read on this article here and give me your thoughts, I myself am going to have to re-read it again to fully understand what it entails and how it fully impacts us, were it to get pushed through.https://www.fool.com/millionac...Excerpt of the article:Talk over the second round of stimulus is underway with three proposed policies on the table at the present time, one of which would have a big impact on homeowners, tenants, landlords, and real estate investors everywhere: The Rent and Mortgage Cancellation Act of 2020.This bill, sponsored by Representative Ilhan Omar, D-M.N., would eliminate rental and mortgage payments on any primary residence for the duration of the national emergency, allowing landlords and lenders to recoup losses by applying to a relief fund, but there are stipulations.Let's look at what the act proposes and how it would work and see how it would affect real estate investors.
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8 September 2021 | 5 replies
Its not a T-bill..the risk is commensurate with return.
26 April 2020 | 3 replies
Please advise on how to handle renter not paying the power bill, and not paying rent either.
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27 April 2020 | 6 replies
More research/relationship building to do.It is possible that you do the 'buy as a rental before you move' first as Bill mentioned.
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28 April 2020 | 17 replies
The flip side is that there are more expenses with a multi-family property, such as water/sewer/trash (can be billed back to tenants on new leases), landscaping, maintenance, and capex x4 units (4 air-conditioners, 4 hot water heaters, 4 kitchens, 4-8 bathrooms, etc).
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27 April 2020 | 8 replies
I’m sure everyone is excited about Rep Omar’s bill to require forgiveness of rent for up to a year.
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6 May 2020 | 10 replies
There’s even talk of a bill being passed completely suspending all rents and mortgage payments for an entire year.
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28 April 2020 | 32 replies
When I move in and have to pay an exorcist to do voodoo on my children, I'm sending y'all the bill
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28 April 2020 | 4 replies
@Bill GoodlandThis will be my first, but I am working with a contractor who has experience with residential construction and development.
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1 May 2020 | 20 replies
I'm somewhat new to real estate investing myself in the sense that i have not yet done my first deal but because of all the knowledge i have gained from BP, blogs, podcasts and articles I know a lot more than I expected myself to know at this point.I had similar questions like the ones you listed because although i've lived on land the whole time, i never had the need to ask for the cost of lawn care, flood insurance, garbage removal etc.I learned that the water, sewage and garbage bill in my area was packaged together and i learned that here on Bigger Pockets, from the comfort of my computer.Of course, you'd be encouraged to get out and start looking at homes in person but Bigger Pockets definitely helps you get setup for all you want to accomplish in Real Estate!