![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/191829/small_1621432190-avatar-pjacques83.jpg?twic=v1/output=image&v=2)
Before you got that first deal, or once you had that first deal in your hands, what fears did you have? How did you overcome them?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/288326/small_1633890968-avatar-adriansmude.jpg?twic=v1/output=image&v=2)
I looked in the file place but could not find an excel doc that has an amortization schedule calculation where the info can be input such as # of months, rate, late fees, etc and each payment is put into the excel whi...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/541147/small_1694725074-avatar-ronb36.jpg?twic=v1/output=image&v=2)
Sorry in advance, I'm not an accountant and I'm trying to figure out if a property is worth buying by doing my own rough math before paying my accountant to do it for me. So I have a $3.5m purchase and have a 100% loa...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2080865/small_1694767968-avatar-robertc879.jpg?twic=v1/output=image&v=2)
Good Morning. We currently own 1 rental property, but would like to acquire more. I have never used anything other than traditional financing, so the workings of short term notes with hard money/private lenders are a ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1899757/small_1694685236-avatar-michaelg1155.jpg?twic=v1/output=image&v=2)
I own one short term rental property. I put down 10% and mortgaged the rest over 15 years at 2.875%. If I went with a longer term, like 30 years, that would lower my payment, thus making my property cash flow positi...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/955256/small_1621506225-avatar-danr127.jpg?twic=v1/output=image&v=2)
Can anyone explain how these work? What I don't understand is if the homeowner is about to foreclosure - why don't they sell their home, pay off the remaining balance, and pull out their equity? Could I be missing som...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/481725/small_1658867700-avatar-zacb2.jpg?twic=v1/output=image&v=2)
I am curious what others are hearing and doing during this coronavirus time. Personally I am watching what businesses are being forced to close. I am not sure what I will do if my tenants are impacted. I may wave late...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3114911/small_1725684021-avatar-manmanf.jpg?twic=v1/output=image&v=2)
To all the millionaires out there, where do you think is the best place to put your money to let it grow while still being able to pull it out when needed? Personally, I prefer being able to access my money without pe...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1904335/small_1724828214-avatar-ifyanizoba.jpg?twic=v1/output=image&v=2)
Real Estate, Wellness, and Community Impact
As I move into 2025, I’m focused on deepening my faith and prioritizing wellness, mental health, self-control, and discipline. This year, I’m committed to creating balanc...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2250292/small_1632971966-avatar-ericl609.jpg?twic=v1/output=image&v=2)
What is your opinion or experience by starting a tenant with a month-to-month lease instead of a full year term? I have concerns over a tenant prospect and I consider ending a lease and easier option than evicting. Le...