Ryan Spearman
Owning gold as a reserve
I’m a big fan of cash reserves. The covid outbreak has only emphasized this. The problem with cash is that if you have any form of debt it literally costs you money to hold cash. To get around this I have a big line o...
T Brown
tenants depositing into account
How does it work to have tenants deposit directly into your bank account? Do you just give them your account number? Isn't that dangerous? I've never heard of this and would like to understand the mechanics.
TIA
Trina
Account Closed
New help getting started as a first time out-of-state investor
Hi!I've recently started my journey into real estate investing. I am interested in buy/hold SFH rentals and have around 30k in capital to invest. I'm looking to invest out of state because I live in the Bay Area, but ...
Justin Wilcox
How to reject an applicant for rent?
I have a room for rent and I happen to know that the person who wants to rent it would not be a good tenant because they have had not paid their rent in the past and cause problems for other tenants. It was not docume...
Steven Ellis
30 vs 10 year fixed at current mortgage rates
I'm looking at buying a property to live in and eventually rent. My lender is suggesting a 10 year fixed vs a 30 year right now due to rates. My strategy is to keep the home long term so to me a 10 year doesn't seem l...
Lauren Hogan
What type of emails do YOU want to receive from BiggerPockets?
If you have an idea or feedback on the emails you receive from BiggerPockets? Let us know by replying to this post. For example, do you want to learn more about our features? Want more videos? Want to hear from us les...
Dylan Grieve
Made a huge mistake; seeking feedback
Hello ladies and gents of bigger pockets.I paid too much for my first house, and now am regretting it. Escrow closed this March, and I'm almost done rehabbing it; my out of pocket expenses (closing costs + rehab + mor...
Sarah Larbi
CANADA- where are you all buying?
Is anyone able to get to the 1% or 2% rule in Canada? If so where? And how recently did you purchase?
Ryan Moore
Should I be upset with my lender?
Without going into too much detail, is it normal for a lender to cause you to have to push back your closing date because they couldn't get underwriter approval on time? I feel like they are having me scramble now t...
Bud Gaffney
Would you do this deal?
Hi all!Would YOU do this deal?$1,000,000 for 3, 3 families.Total GROSS rent $10,600/monthOwner financed $1,000,000 at 3-4% over 15-20 years.Seems like a no brainer. Let me know your thoughts please.