Michael Anderson
Continue with closing or back out?
21 March 2020 | 28 replies
This slowdown may effect your job / source of income. 2.
Yesenia Tomas
There's No Good Way to Tell Someone They Smell!
20 March 2020 | 7 replies
Do a routine inspection, check the plumbing under the sinks, check the drains for free flow, check for running toilets, check the base of the toilet for leaking flange seal, dripping faucets, change the furnace filter, inspect the attic for potential roof leaks, check the condensate pan under the HVAC, check the pan under the water heater.Common sources of smells are pets (especially cats), kids peeing somewhere other than the toilet, garbage/refuse not being properly disposed of, plumbing issues.
Chris Lopez
Denver Coronavirus updates and Q&A
16 April 2020 | 72 replies
From the PM side, we have seen owners reach out with concerns about tenant's abilities to pay rent and tenants who have lost their source of income.
Clayton Takeuchi
Foreign nationals reinvesting their equity in the US
21 March 2020 | 4 replies
Hello BiggerPockets,I have foreign national clients who have investment homes in the US (specifically Dallas) who have purchased condos/SFRs in cash as an investment and would like to refinance out.
Natalie Cloutier
Coronavirus: email to send to your tenants
14 April 2020 | 160 replies
It still says rent is due and offers other sources to use that might help the tenant.
Samuel Dumond
Advice for a new investor interested in multi complex
23 March 2020 | 7 replies
RE agents who specialize in investors are a great source.
Michael Kiley
Line of Credit CUT!!
21 March 2020 | 2 replies
By feeding the HELOC with all my rents and other income sources, the average daily balance stays much lower and the result is a mortgage that gets paid off way sooner.Have you heard of a HELOC credit line being shut down prematurely?
David Serna
Hard money lenders Halting their activity. Does it make sense?
23 March 2020 | 4 replies
It likely goes back to the source of the funds they access.- If they own a bunch of homes and are lending from their HELOC...they don't want to be called on a bunch of those if price values plummet- If they borrow from another lender at a lower rate (even the 0% fed rate) with collateral tied to other assets...say the stock market...that's taken a hit, so they can borrow less. - If they have actual private lenders...which they claim they all do, but you'd be surprised how many don't...their private lenders may be going to cash and pulling their moneyYes, they need to lend money to stay in business...but if they themselves are getting squeezed, it'll come back to us investors
Sandile Tyini
Consolidating several mortgage loans into one
21 March 2020 | 2 replies
I would NOT do a blanket loan today given so many DSCR lending sources are at even under 6% one loan on one house.
Trevor Aydelott
Handling maintenance personally or outsourcing
21 March 2020 | 0 replies
As I'm finishing up #abcsofrealestateinvesting by Ken McElroy I'm on pg. 144 #maintenance Goes on to say if you are a property manager and you will have to source and negotiate your own providers for services like #plumbers #electricians Now as I look on how I handle it as my own #propertymanager I seek someone who has customer service and also look at if they offer #militarydiscount-It's a good thing I'm a #realtor during this #coronavirus as I contacted both a #garagedoor installer and #roofer ( #allseasonsroofing ) and they said they have been slammed with so much work.