Constantia Petrou
Tire kickers: How to discourage and screen them out quickly
10 June 2020 | 11 replies
Note that I do not put a lot of time into due diligence until the "contract to hold" meeting, when they put some skin in the game.At the "contract to hold" meeting, I collect an amount equal to one month's rent.
Greg P.
Breaking Into or Strategies for Rural Rentals / Land?
9 June 2020 | 0 replies
Rental values in the country seems harder to find tenants and at prices that support the cost of properties3.
Jody Sperling
A Naming Strategy Brandon Hasn't Coined
10 June 2020 | 7 replies
The strategy appealed to me because I could do it cheaply, and it was a method my wife supported because we got more room for our family.
Shannon Beavers
Rookie mistake- need help
9 June 2020 | 3 replies
We paid them an hourly rate and it took them way too long and cost us a few thousand, which was way more than it should have cost us but I was trying to be supportive and help some one out who needed some additional cash.
J Usmonov
How hard is it to get a loan from a private lender?
18 June 2020 | 5 replies
Thick skin and experience you would have been developed during this process.Knowledge- Analyze deals, webinars, forum posts, podcasts, contact realtors, make an offer every week.
Joseph Hammel
Has anyone else's profile picture inverted on its own?
10 June 2020 | 2 replies
@Joseph Hammel I've seen a few people with inverted pictures and always assumed they did it on purpose.Send an email to support@biggerpockets.com and they can help you out.Turn that frown upside down!
Talha Parvaiz
best strategy to buy a property in the next few months
12 June 2020 | 11 replies
They predict that the market hasn't gone down yet due to mortgage forbearance support, allowing landlords to defer mortgage payments rather than declaring bankruptcies.
James Wachob
You can buy real estate with as little as 15% down
11 June 2020 | 4 replies
See below a checklist of items you will need:Copy of your Driver’s License(s)2 Most Recent Paystubs2 Most Recent Bank StatementsMost recent retirement/investment statement covering the most recent 60 days2 Most Recent Tax Returns2 Most Recent W2’s/1099’s2 Most Recent K-1’s, if applicable*If your ownership is greater than 24%, please also include copies of your 2 MostRecent Business Returns, YTD P&L and Balance SheetFor all properties that you own, please provide the following:Current mortgage statementIf you do not escrow for taxes/insurance or if you own free and clear,please also provide:Current insurance statementCurrent Tax BillCopy of your current/most recent HOA receipt, if applicableFor any/all investment properties, please provide a copy of your current leaseagreements, if applicableIf you pay/receive child support/alimony, please provide a copy of your completedivorce decree and/or child support agreementAre interest rates the same as buying a primary residence or higher?
Anne Williams
COVID HAS ONLY INCREASED MARKET PRICESS!!!
7 July 2020 | 21 replies
This is on paper but theres a lot of apartment not able to evict and have tenants not paying 'due to covid' There's also this:https://www.naahq.org/news-publications/democratic-municipal-officials-calls-congress-support-rental-assistance
Trey Browder
Property Valuation - Retail Strip Center (Atlanta)
17 June 2020 | 3 replies
The Sales Comparasion Approach should always be to provide support the the Income Approach due to the investment nature of the strip center.