Long post warning....New landlord here, my first tenants (mom/daughter) moved in Oct 2018. Daughter is 63 and Mom is 85. Mom had just enough income to qualify for 3x rent and good credit. Daughter had bad credit and...
Quick question, lately I've been trying to put offers in on props that are on the MLS and the agent that I've been working with keeps insisting that I need earnest money and proof of funds. So I told him just to c...
New wholesaler here and my question is how does one select the neighborhood to drive in when driving for dollars. I often find that many neighborhoods are either too nice and don't have any distressed proprieties or ...
I went to make my house payment on subject to house that I have owner financed and the bank (BOA) would not take my payment. Due to being the weekend I could not talk to customer service but I checked with automate...
There is a mortgage payment strategy that says to pay half of the mortgage payment on the 1st/15th of the month and the 2nd half on the 15th/30th depending on the due date of the payment. This reduces the amount of i...
I have been working with an L.L.C out of Tennessee prospecting portfolios for them. If a deal is made and closed they pay me a percentage of the purchase price. To be clear all I do is call and find out if owners are ...
Hello All you Real Estate Investors! I am so glad to say that I am returning to biggerpockets with bigger Pockets! I was on your site for about a months at the beginning of my adventure and suddenly I was investing ...
I had some financial difficulties in 2019 and defaulted on 3 payments. I was offered forbearance for 6 months in 2020. My financial situation improved in 2020 and have been making regular payments since 10/20. A few...
I have probably a dumb question, so bear with me!I've seen the $100/door evaluation criteria discussed, and cashflow also discussed. I've listened to a few podcasts where people are discussing cashflow with regards to...
I am not sure how to phrase this question, the county record for a rental I am selling is incorrect, it does not have the correct square footage for a permitted addition, and the number of bedrooms is listed as three ...