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Hi, I'm new to bigger pockets I'm interested in different areas to earn passive income. I was approached by a friend who currently has 4 rental properties and is looking for a fifth however his debt to income ratio is...
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Wholesaling is easy. Wholesaling on a consistent basis is HARD.First of all most newbie wholesalers have little capital, so saying "we buy houses" is a lie if YOU don't personally have the funds to close. Lie (Noun) A...
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This question is for private lenders/HML. If a buyer uses your POF to enter a contract and you then decide you are not going through with the deal...how does the borrower know that. With a typical bank you would get a...
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I am looking into rolling over an old $401k account that I have vesting from a past employer into a self directed IRA to use for rental investing. I have about $50k to switch over, it will cost me not more than $20, ...
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BP community,I need some guidance on SDIRA regulations. I am looking at a single family house hack currently and planning to fix and flip within the next 6 months. While running my numbers on the property, I think it ...
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2019 Legislative Summary for Common Interest CommunitiesNothing in this document should be considered a legal opinion or legal advice. For clarification on legislative matters, please seek appropriate counsel. AB 31 –...
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Are you using low barrier screening criteria some recommend? Self managers and property managers? Attorney's suggest safest as far as lawsuit goes but can end up with some sketchy people IMO. Having trouble trading ou...
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Not sure anyone else has run into this but I wanted to share. The books I've read didn't mention this and its becoming a bit of a pain. It seems many banks simply do not want business accounts with LLCs holding notes....
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Medium-Term Rentals in NYC
Navigating the Perfect Path in the Rental Market Maze
Photo by Jose Alonso on Unsplash
Medium-term rentals may be the goldilocks solution for property owners — not too short, not too long...
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Are there any typical minimum terms that those providing seller finance impose on the buyer? Surely as the whole point of selling financing is to obtain a long term steady income, it wouldn't be in the interest of the...