Dennis Standers
New to Bigger Pockets Lebanon, Indiana
25 September 2014 | 6 replies
Rich Dad Poor DadRich Dads Cash Flow QuadrantRich Dads Increase your financial IQThe Real Book of Real EstateThe ABC’s of RE InvestingThe ABC’s of PMRich Dad RE Tax AdvantagesThe E-MythThe 4 Hour Work WeekBiggerPocketsPodCast
Dana Chen
Newbie from Jacksonville, FL - what a great community
11 September 2014 | 19 replies
Thanks Paul Timmins, Jerry Padilla and Tim E. for the advice!
Tony C.
Should I buy small apartment 20 1-bed Units?
15 July 2014 | 17 replies
Ask for a copy of their tax returns at least schedule e for those apartments for 2012 and 2013.
Kevin Enos
Selling a home "Subject 2" the existing mortgage.
19 August 2014 | 5 replies
The lender would pull a prelim and figure out that you don't own this property and may disallow your use of rents unless you had a master lease contract on the property still which legally gives you right to master lease it out to tenant so you can offset your mortgage on your credit report with the rents received.It all depends on how you claim this if your accountant claims it on the schedule E it may work (what I am talking about above) because it will show income - mtg interest expense in a way most lenders like to see rental income.
Ashley Larrieux
Purchasing performing and non performing notes.
6 August 2014 | 12 replies
Section 604 (a)(3)(E) & (F) of the Fair Credit Reporting Act allows this for a potential investor:item subsection “E” says…Intends to use the information as a potential investor or servicer, or current insurer, in connection with a valuation of, or an assessment of the credit or prepayment risks associated with, an existing credit obligationIn addition, subsection “F” says…Otherwise has a legitimate business need for information in connection with a business transaction that is initiated by the consumer or to review an account to determine whether the consumer continues to meet the terms of the account.The full document can be found here; http://www.consumer.ftc.gov/sites/default/files/articles/pdf/pdf-0111-fair-credit-reporting-act.pdf
Alex Lopez
New Investor in South Bend Indiana!
3 October 2014 | 8 replies
Rich Dad Poor DadRich Dads Cash Flow QuadrantRich Dads Increase your financial IQThe Real Book of Real EstateThe ABC’s of RE InvestingThe ABC’s of PMRich Dad RE Tax AdvantagesThe E-MythThe 4 Hour Work WeekBiggerPocketsPodCast
Ronald H.
Doing your own COMPS and procedures to assign and do a double close with your end buyer
19 January 2015 | 7 replies
Property Address Prop A Prop B Prop C Prop D Prop E Prop F Town SUBJECT PROP COMP !
Najeriq Mentor
My First Two Properties
19 July 2014 | 10 replies
Working full time and taking care of my family I still managed to read online content, attend free webinars, listen to podcasts, read e-books, watch Youtube videos, You name it!
Gayla Kemp
Looking at 1st Multiunit purchase in Oklahoma
21 July 2014 | 9 replies
I read somewhere where you could ask the seller for schedule E ( I think ) of their tax return which details income etc.