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1 August 2018 | 8 replies
Honestly not my favorite book but does go into a decent amount of finance/numbers of the deals if I remember correctly.I have to admit I haven't read it yet but its on my short list.
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9 August 2018 | 46 replies
My fiancee and I have a limited amount of capital to work with, so we have been looking for creative ways to get into our first deal.
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31 July 2018 | 2 replies
When wholesaling pre foreclosures do the end buyer pays off remaining loan balance and also default amount or just the remaining loan balance alone?
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5 September 2018 | 7 replies
You get an amount of you taxes exempt based on your VA percentage.
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6 November 2018 | 9 replies
Please click on the links, give them a read, and share your thoughts in the comments.First is a post that I feel will help not get overwhelmed with the amount of info that is here on BP:https://www.biggerpockets.com/blogs/5868/52761-the-simple-guide-to-getting-started-on-bp The second is a post that will help get you focused with your real estate investing goals:https://www.biggerpockets.com/blogs/5868/52743-im-new-to-bp-any-advice-would-be-appriciatedThe last one is a post that will help you choose an “investor friendly” real estate agent.
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31 July 2018 | 2 replies
This rental amount was included in the valuation on the property as part of the rent rolls.
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31 July 2018 | 1 reply
It would probably help if the story you told was about accessing the equity to purchase further income producing assets rather than fly to the caribbean and buy an Audi.By putting together a small but professional looking package and going to sit down with some community banks in person, I think you'll get a tremendous amount of experience and straight feedback on what's possible or not and why.Good luck!
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3 September 2018 | 5 replies
Nothing exciting* Contacts - people that are in properties and or have been historically* Leases - term, amount, contact and the signed agreement* Files - closing docs, appraisals, insurance, etc. grouped by Property* Income - amount, date, property, attachments, category (rent vs lease option fee, etc)* Expenses - actual expenses, date, property, attachments (mortgage, capex, maintenance, turn, etc.)* Reserves - savings from each rent payment for future expensesIf you wanted to use more like a PM, you could set up an online form for tenants to input requests and include attachments and track maintenance through it.Hope that helps.PS - I still use Excel for projections/modeling
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31 July 2018 | 3 replies
Is ThIs House To Small For the Amount I Would Rent In The Area?
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2 August 2018 | 1 reply
I them know that everybody is responsible for the entire contract amount no matter what happens.I do not allow subletting in your lease.