Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (10,000+)
Robert Nelson Wholesaling during COVID-19!
1 May 2020 | 16 replies
@Coral HernandezI’m in 2 areas, Las Vegas and the Bay Area Northern California and I have the contractors for the jobs, the pocket listing from the realtors since I have established great relationships with them and also wholesalers that can get me the deals (not all are great deals) but I have that accessible to me BUT the only thing and MOST important factor I’m missing is the lending part, this is where I’m stuck.
Nicholas Perez After selling first house
20 March 2020 | 4 replies
@Nicholas Perez There should not be any fear about the money being held in a bank account unless it is over the maximum FDIC insured amount, in which case just split the amount into several accounts, maybe even at different banks to ensure access.
Erica Fox Finding Power of Sale Properties - Ontario
20 March 2020 | 3 replies
*Does anyone know how to identify these properties on the MLS if you do not have agent access to the Seller info?
Joseph Mackey III Adding Bathroom to Boost Re-Finance
20 March 2020 | 3 replies
Also my house is on a crawl space and the access to plumbing is easy.
Dan Milinazzo Desktop Apprasial, Private use/non-bank
24 March 2020 | 3 replies
Hey there, full disclosure I'm a Realtor but I have access to a much more in depth appraiser style analysis through the Realtors Property Resource.
Marky Suazo Covid-19 foreclosure market
20 March 2020 | 0 replies
will investors with access to capital and the ability to make all-cash offers stand to benefit from future deals?
Chris Lopez Denver Coronavirus updates and Q&A
16 April 2020 | 72 replies
We think it is important to look at Denver real estate  in 5 day increments since corona virus became real (I'm saying March 12th, which is when the NCAA canceled the tournament.)GETTING HELP NOWNYTimes - Money MattersUnemployment - law expires 12/31States can access when they have 10% rise in unemploymentUnemployment is typically 45% of lost incomeMost states pay 26 weeksDon’t have to lose your job, can get it if: you are quarantined, furloughedGetting unemploymentHave to have been at job for 30+ daysEligible for 2 weeks paid if ill or quarantined or caring for sick family memberPart time workers can get average of normal 2 week salarySelf-employed (gig workers, etc) must calculate daily average and claim as tax creditWho is exempt:People that work at companies that employ 500+ peopleCompanies with fewer than 50 people can ask for an exemptionEvictions + ForeclosuresMoratorium right now on bothSuspended for 60 daysThis includes foreclosures that are in processTaxesCan hold off on paying (without penalty) until July 15th if:You owe less than $1 million to the federal governmentIf you are getting a refund, it will come in a normal time frameMortgagesFind out who owns your mortgage + what programs are availableRequest Assistance (Fannie Mae)Small Business ReliefSBA Economic Injury Disaster LoansSmall business loans up to $2mil3.75% int rate for businesses | 2.75% for nonprofitsDenver Small Business ReliefDENVER RE TRENDS - please note you should watch Seattle, as what happens there will likely come to Denver and Colorado SpringsPulled data for detached/attached homes within 6 miles of a client property in Sloans Lake$350-$500KMore properties went under contract in past 5 days than in two other 5 day increments we recorded (11-15, and 16-20 days out)35 of those were on the MLS for 6 or fewer days$500-$700KSimilar to above, 5 days out is beating number of houses that went under contract 11-15 days out and almost the same as 16-20 days outCitywide: 2.4 homes were falling out of contract/day in March. 5.8 for Feb. 2.7 for Jan.$800-$1.2Mdown from 5 day increments before, but not significantly and a small data set
Natalie Cloutier Coronavirus: email to send to your tenants
14 April 2020 | 160 replies
Well, we just received our first text from one of our residents informing us that she has been furloughed and asking if we have "considered any sort of reduced rent for this sort of situation".I feel very fortunate to have access to BiggerPockets and all the other real estate investors out there that are dealing with the same situation.
Wesley Stewart [Calc Review] Help me analyze this deal
25 March 2020 | 8 replies
It is also close to down town, allowing easy access to stores and restaurants.P.S.
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