Colleen Ross
Assistance Animals under Fair Housing Act
Hi Bigger Pockets. I have a question regarding assistance animals under the Fair Housing Act. We are advertising our rental property and just received an inquiry from someone with a service animal. Our policy is no...
Jameson Sullivan
Taxes for RE Professionals - Show high income, or write it off?
Of course, I am involving my own tax professional for my personal tax returns but I wanted some insight from the rest of the community here. How do you look at your taxes in relation to the effect they have on purchas...
Phil Christian
Laundry Facilities | Loss Revenue
Let's have a real in depth discussion about the loss income with third party supplied laundry? We all know that third party managed laundry skips off the top. How much do we think we are losing to skimming from the ...
Dawn Vought
Need Advice - Bank Approved Short Sale But Wants Promissory Note
I am hoping for some viable suggestions on this. Here are the facts (with numbers rounded):
-I own in my personal name an investment SFR in Birmingham, AL.
-Remaining mortgage (principal) on house is $...
Mike Davidson
Bank account number for direct deposit of rent
Drawing up a new lease for an existing tenant. They want to setup an automatic payment directly through there chase account. The standard lease simply asks for Place of Payment with name and address. Should I give the...
Account Closed
Prospective tenants in a rush to move: what to look out for?
I have a prospective tenant that is eager to move b/c he is living out of a hotel now (in the midst of a divorce; divorce hasn't finalized yet).He hasn't started the application process yet but when I mentioned cost t...
CJ M.
Why not take secured EIDL?
I've been approved for a pretty sizable secured loan. I read the terms, spoke with seasoned investors, and spoke with SBA. Unless I'm missing something, it seems that taking this loan is a no brainer. What am I missin...
Account Closed
PM asking for money.....
Hey there everyone! I have a unique situation....or at least one I've never come across. I sold a rental home a few months back and no longer have any ties to it. I received a note from the former property management ...
Christopher Roberts
Commercial Mortgage Broker Proposal
Hello, looking for insights on a proposal received from a commercial mortgage broker. The loan is for a multi-family apartment building. The proposal I received has the following facts:Total fee is between 2.1% and 2....
George P.
So whose fault was it?
Jury gives woman $1.25M in lawsuit over mortgage
Whole story here -- http://www.bizjournals.com/baltimore/stories/2008/08/11/story8.html?b=1218427200%5E1681713
When do we start being accountable for our o...