Nia L.
Veteran needs help in first SELLER FINANCING deal; HELP!!!
3 unit mulitfamily priced at $499,999 (a few thousand above value), rents $3550; and I can not seem to make seller financing work utilizing the 50/50 rule or when I price out the general expenses. The expected appreci...
Colton Kotylo
Getting Out of The Contract
We recently got into a contract with our real estate agent and toured about 6 properties (2 being new builds). We are considering going with the new build, but would like to drop our real estate agent. She agreed to c...
Will Gaston
What's the best or most useful clause in your lease?
All:I'm about to begin the annual update on my lease for my student rental properties. What started out as 4 pages in 2006 is currently 17 pages long. And I expect it to fill 1/2 of the Library of Congress by the time...
Joon Kim
Questions about syndicators
I am a passive investor and only have participated in a handful of deals so my question might be uninformed or basic. Ive been pitched by various people calling themselves "syndicators" but I find their supposed deal...
Markus March
Late Fee Pricing
I have a rental property in Mississippi an I charge $50 dollars late fee with an additional $10 dollars late fee every day after the 5th of each month. My question is what is a good price to charge for late fee an wha...
Kyle K.
EIULs-- Equity Indexed Universal Life Insurance
I've heard some intriguing things about EIULs which are basically investment grade life insurance policies that can build up cash value for tax free use later in life.
Does anyone on here have an EIUL policy? If so, ...
Eric Jones
How to Calculate Payoff and Arrears on Non-Performing Note
Hello,I'm currently doing due diligence on a non-performing junior lien that has gone unpaid for about 5 years. I know the unpaid principal balance, interest rate, and monthly payment but the arrearages and payoff amo...
Philip Amundson
Looking For First Deal: House-hack and FHA Financing
Hello Bigger Pockets,I am a brand new investor looking for my first deal. My goal is to have this rental property by August 2019. I am looking for a single family home in the price range of $160,000-$185,000 in the Mi...
Timothy W.
Be Careful! Personal Safety.
I got a call from a friend of mine today who does rentals in another part of the country in a "nice" town. While inspecting potential deals he walked in on a dead rape victim.
Folks, when you're inspecting propert...
Keith Jourdan
Appraised value question
I often see homes advertised "50k appraised at 65k". Just an example. So does that mean one can buy the house for 50k then take more equity out of the property then 50k he used to buy it?? im confused here.