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I just met with a woman at the rental. Her source of income was SSI + child support. As it turns out, they did not meet my minimum income requirement (3X monthly rent), so they didn't apply.
I've dealt with SSI befo...
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I approached a real estate company to learn more about how the owner started and to learn his experience with REI. He mentioned that the best opportunities in southeast Nassau county are buy and hold multifamilies, bu...
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Hello All:
Here is the story. I just go informed by our tenant that she didn't make enough money to cover the month of December. She is requesting to use the Last Month Deposit as payment for December.
There is no m...
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Hi,I just bough my first 6 fam unit in RI. I am thinking of forming an LLC soon. I am wondering if folks can answer few basic questions : 1) I am based in MA - Should I form LLC in RI or MA?2) Is forming LLC is a pr...
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Hello everyone , I am in the process of buying my first rental property. Today I am going to see three properties in Bound Brook New Jersey. Bound Brook New Jersey is in Somerset County. What is you advice on buying p...
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It seems to me like the push to quadruple Colorado STR property taxes is softening quite a bit. Still a long way to go, but reading between the lines of this Colorado Sun article today, the opposition efforts seem to ...
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I am a new real estate investor and I am closing on my first duplex in Milwaukee, WI this month. I took out a conventional mortgage (30yr/3.125%) and the property is will be held in my own name. I am trying to incorp...
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The lender that I'm working with has stated that each person can have a maximum of 10 mortgages individually. If I own a property with a partner and my partner owns the mortgage solely in their name, does that count a...
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They're happy to spend $1T to capture a guy who had nothing to do with 9/11, but won't approve $7B to help those who risked their lives during the attacks:
http://www.cnn.com/2010/POLITICS/12/09/senate.9.11.responder...
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Hi there Bigger Pockets!You NEED to enter into forbearance. ASAP. NOW. You will read why below.Most users on this site use 30 year loans. Now imagine if I offered you $10,000 today or $10,000 in 30 years. Which would ...