First post here.... I am starting my own private money lending company with some little capital i saved. I am building a website and i want to integrate payment processing with it, in short i want the monthly payments...
If a borrower defaults on a loan, does the lender have the right to secure the collateralized vacant property prior to foreclosure?
So the 15 days have already passed (they were removed by the sheriffs so a notice was given to them in person) and the people have failed to collect everything. The value of the stuff that is below the $700A while has...
Hello BiggerPockets Community,
I'm a newbie landlord I've decided to offer my property as a medium-term rental (typically 1 to 6 months). I believe this duration is ideal for attracting professionals on temporary ass...
I've been in the medium term rental market over the past year helping property manage 1 MTR and most recently purchased another that just went into service with another going into service in March 2024 when I move tha...
My manager is asking if I (landlord) will allow prospective tenants with no eviction in past 4 years. I was thinking no evictions at all. But what's the acceptable and more common practice here? From a simple online s...
Hello everyone,
Background: I'm a 25 year old insurance underwriter in Clearwater, FL. Just had my first kid and am starting to think more long term. I think RE rentals are the ticket to my future. Build wealth by le...
Hi All,
I'm freshly starting my MTR and will mainly focus on leads from FF. I have quite some questions that need your help:
For tenant screening, I plan to do the routine background (eviction, criminal) screening...
Hi everyone,I am on the hunt for my second house hack. I've been doing some research on different rental strategies. It seems in order of increasing profitability:LTR < MTR < STRGiven that I'm based in the Denve...
Hey BP,I am hoping to start a discussion on wholesaling in Minnesota and the best contract practices to follow.I have been looking for rehab deals mostly, but doing some marketing I always come across deals outside of...