Melissa Faraias
Previous Tenants damaged rental, blocked Landlord - Please advise
25 July 2024 | 22 replies
I do not agree with those saying "just move on", and here's why: they will undoubtedly do this again, and we, as landlords, owe it to our fellow LLs to help each other.Although you may very well never collect the money owed you (But you also may get at least some, read on to see why)....there is another bigger reason to go through the Small Claims process.
Casey Melucci
Help Understanding Hard Money Lender's Terms
26 July 2024 | 5 replies
The lender is stating the following: "we would require a mortgage on the lot in the amount of $90,000.00 when combined with your $50,000.00 deposit would be $140,000.00 down payment apx a 20 percent down payment"Is he saying I need to find another $90,000, or that he will act as the mortgagee on that portion as well?
Marshall C. Call II
Actually Youngstown area
27 July 2024 | 4 replies
The bank is charging points as well just to get 8+% on the loan.
Chad Gray
Questions about purchasing first commerical (office) space in Raleigh NC
25 July 2024 | 2 replies
I have an article here all about how to find a great provider: https://www.biggerpockets.com/...
Sheila Peschges
Rules regarding Damage Deposits being put into a CD for some decent interest
25 July 2024 | 1 reply
The bank says we need to provide that person's permission to open up a CD in the name of the LLC.
Kathryn Kuo
Beginning to Invest in Rental Property - Japan
27 July 2024 | 4 replies
We’ve been gathering information about the rental property market in Japan in terms of realistic expectations for yields, as well as a reasonable timeline for getting started and generating income to support our family.
Isadore Nelson
Thoughts On Buying A Rental For 60 K In Philadelphia?
27 July 2024 | 26 replies
Be sure to look the house over well yourself so you know what you are getting yourself into before you are in it.
Jake Benny
Turnkey Single Family Residence Companies
24 July 2024 | 7 replies
Turnkey providers typically charge a percentage of gross rents plus a markup on maintenance calls.
Emily Runyan
Need Help Deciding on Rental Strategy for New Construction in an "Up and Coming" Area
26 July 2024 | 14 replies
I feel this house is on the early end of revitalization.I also reached out to the hospital to try and connect with their travel nurse housing person, as well as a rural med school that sends med students to this hospital for their yearly rotations.
Ernie Be
Is it technically a loss?
23 July 2024 | 4 replies
If at the end of the year I have ended up not making as much as my expenses is it technically considered a loss or since I own the house, has the house provided me more income?