From what I have read I should have an account for security deposits and an account for rent and expenses that are separate from my personal account. Assuming I will be targeting 10 properties here are a few questions...
I am interested in a property that is going through pre-foreclosure for the past year... Here are the FACTS:
1. Property was purchased in 2006 for 450k.
2. The owner took 3 mortgages: 1st - 350k, 2nd 100k, and 3rd...
1. Can I call up the bank (like Chase, B of A, WF) ask to speak to some person who is in charge of the notes and ask to buy one? The note would be several months late and most likely in a pre-foreclosure status.
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Hi everyone! My name is Ari. I am new to Bigger Pockets and new to real estate! I found the podcast and haven’t stopped listening once I started! I have a general question. I bought my home in 2013 for $165,000.00. I ...
Hi everyone,
I'm looking forward to connecting with so much knowledge on these forums. I've invested in real estate personally - a couple of properties with renters in place - and more recently started workin...
Hello,Still trying to wrap my head around the refinancing part of BRRRR. I'm reading the book currently and taking notes as a go, but have already developed a few questions:1) Ex: I find a private money lender to buy ...
I'm trying to understand the 50% rule when it comes to houses that need work. I think the best thing to do would be to spell out the deal I have now and let people offer their input. I have a single family home under ...
Hey all,I'm hoping a more seasoned commercial multi-family investor can help me with this issue:I found a building that used to be a 10-unit apartment building but the previous owner gutted it completely and now it is...
Hi,I am looking for a bit of advice and guidance about a tenant who owes several months in back rent. I have already taken them to small claims court and we have agreed that they would pay the entirety in full by the ...
ok im not quite sure if anyone other than an attorney can answer this question but Ill give it a shot and see what responses I get.I have been doing business with a local credit union in my area for a couple years now...