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Since I began investing in Detroit a few years ago I cannot get my head around so many things regarding the way things are done over there - but this one definitely is a contender for taking the cake. End of April I s...
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So I just received a summon in the mail for an infraction 10 days earlier: the recycling was put out too early in the day. It appears to be for $110. I could pay it, or go to court and see what happens. I'm sure when...
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Our tenants pay rent with cash. Some send money orders, some deposit cash in our account, but a majority used PayNearMe to pay at family dollar locations. Now the Family Dollar in our area will no longer accept PayN...
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Hi everyone,
I listened to a webinar the other day that had an interesting idea. They called it residential backflipping. I'll try to lay out the basics from that webinar here (this is what Peter Conti and Jerry Nort...
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A loan made to an individual or a business can be secured by real estate or real property. This is also called real estate lending, or trust deed investing. A trust deed is recorded, putting a lien on the Title to the...
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Hello BP friends. I need your help on what to do with my rental.My monthly mortgage payment is greater than the rent I can get by $150 and the 2023 taxes are going up another $150/month.I’m sure this is a common issue...
I know I know this has been asked a ton of times before, however, in the current market, what are some realistic cap rates for fully turn key (managed) properties (multi units/apartment block) one could achieve as an ...
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This is a story with drama, drama I did not want. And I can't say what kind of ending it has as this rental property is still on the market and has not caught a renter. But (I know I should stop starting sentences wit...
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Hey guys,
I am new to biggerpockets and new to wholesaling , what are the ugly about wholesaling that YouTube won’t tell you ?