Curious out there what people use as a general rule for how leveraged they are. How comfortable you are with debt. Do you have 401K loans? Would you cash out a Roth IRA? Do you use HELOCs off your primary? For...
I have owned and operated properties since 2007, and have always had a NO smoking and NO pets policy. As of late, I am getting a lot of requests for needing a "service animal" or "therapy animal". I don't know if this...
I have been a part of BP for over a year now and have been a smoker since I was way to young, but my question is when did smokers get such a bad rap?I personally don't smoke inside of even my own home, not even once. ...
Hey everyone ive been hearing about and researching VELOCITY BANKING alot lately. Seems too good to be true. Any of you experts have experience in this field and can confirm or deny? Thanks everyone!Nick
Do rental rates usually fall when interest rates increase and home values decrease?
Hello All, Seeking some referrals for a few things. My partner/mentor and I are looking to start putting in a lot of low ball offers in on several listed properties in Will County, Illinois. Anyone know a realtor who...
@Joshua Dorkin , I wanted to ask if you could put together something structured (podcast, extended thread, book, etc) about the 07-08 real estate crash. A lot of us got burned badly during that time so it would b...
I'm trying to analyze a triplex that's for sale, but the units are fully rented out and the owner wants a written (and accepted) offer BEFORE scheduling a time to see inside. He then said, to go inside I need an "insu...
I'll start from the beginning, because there are lots of little details I need to explain in order for you guys to fully understand the situation. (All names are substituted by fake ones for privacy reasons.)In April ...
Back in November (2014) I closed on my first REI property. A 'turnkey' duplex in Chicago. I went with a well-known turnkey provider and posted initial updates in this thread:http://www.biggerpockets.com/forums/92/to...