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Results (5626)
L. Brown Recommendations for new boiler
12 April 2021 | 16 replies

Hello BP, my tenants boiler is 30 years old and about to die. Anyone have any recommendations for someone that is qualified and does an excellent job with boiler replacement? Thanks, L

Kathryn K. Bizarre Letter From My Lender
17 July 2010 | 4 replies

Not sure if this is the proper forum for this question but here is the situation.

I just received a letter from my lender on my primary residence. It basically states how much I owe on the mortgage and that if I wis...

Cindy Prisco TRA Tenants
29 October 2016 | 5 replies

Hi, I have a tenant that lives in NJ.  We agreed to have him under TRA which was supposed to only last one year.  Somehow he got it approved and we are on the 2nd year.  The problem is that he owes money from past due...

Lauren E. How often are you sticking to the 1% rule?
14 February 2021 | 4 replies

I’m finding that this is tough to achieve. Even on well located, healthy income-producing and appreciating properties. How often are you able to hit that target and what are the reasons that you would consider buying ...

Seth Baumgartner Balancing Property Management and Personal Responsibilities with Limited Time Off
13 August 2024 | 6 replies

Hi BiggerPockets Community,I work on a boat for 28 days at a time and then have 14 days off. During my off days, I'm currently focused on setting up my property to rent out. However, my mother is asking me to visit he...

Oren K. Accounting Question - Eviction losses
29 August 2016 | 3 replies

For you accounting types;I was going through the 12 month P & L (cash basis) of my property (39 Unit) and found that I did not fully understand the delinquency line. In speaking to the PM company, I was told that ...

Erick V. Scenario Question..........
21 October 2014 | 15 replies

I buy an HOA lien through foreclosure and get on title. If the borrower is deceased, and the 1st lien payoff balance is less than market value, can I sell the property?Or if the payoff balance is more than MV and I ha...

Erica Shaunta Thompson Owner financing deal on 8 units! Need help newbie
6 October 2017 | 8 replies

This is what the agent representing the property just sent:
Owner financing consists of two notes for property:
1.) Assumable 96 month term note at 6% subject to approval by note beneficiary.
Term remaining - 67
Bala...

William Harvey Accounting for house flippers
10 September 2024 | 29 replies

Hello BP community,For house flippers doing consistent deals, what tool(s) do you use for accounting? I've tried QB (admittedly, didn't try for long) and it didn't seem to be a good fit. Seemed like QB would be good f...

Brigham Pyron Buying a Defaulted Mortgage to Fix & Flip
24 March 2016 | 1 reply

I have just found a guy who sold an inherited home with owner financing.  The new owner stopped paying some years ago.  The now mortgage holder has agreed to sell me the mortgage which I would foreclose then fix/flip....