When should you pay a contractor? Should you pay them in increments, with a deposit in the beginning, again midway through the project and lastly once the project is complete? Or is there a better way to protect both ...
I'm trying to get started in real estate investing with this going for me/against me:Have almost $5,000 available from college prepaid that I don't want to use on a degree (my interests don't require a degree)Just rec...
Tenant Screening Standards:
- No previous eviction
- 3x income to rent
- Clean background
- Good references
Hi Everyone,
On biggerpockets these 4 standards for the tenant screening process have been repeated time an...
Hello, I am a relatively new landlord and would appreciate the input of more experienced landlords. I just finished renovating a very nice 1950s house in Charleston, SC and am interviewing tenants. I love the house a...
Hi all,I'm looking to purchase my first investment property in Cleveland, OH. I plan on utilizing the BRRRR method and am currently feeling torn on whether to obtain the property with hard money vs. a traditional loan...
Hi, I have an investment property with about 50% equity in it. I am interested in leveraging the equity to do some more real estate investing. I have approached a few banks (including the current mortgage holder) an...
Terms in CRE lending that everyone should know...Adjustable Rate Mortgage: Mortgage where the interest rate adjusts periodically up or down through a set index. Also called a floating rate mortgage.Adjusted Gross Inco...
I recently have had the chance to buy a dream property of mine as an investment opportunity. This is a house I lived in while in college and I have had my eye on it every since. The owner recently reached out to me wa...
Hey Friends,As a Christian I am curious how other believers go about tithing on their income. I believe the Bible gives clear direction that we are to tithe on a tenth of our gross income. However, I’m confused about ...
Is there a way for the tenants to pay rent at a store? A couple of my tenants don't have computers and can't pay online. I will not go to the property and physically collect rent and really don't prefer mailed checks ...