Luke H.
No one with good enough credit
Hello all, hope all is well. This rental has been on the market for 15 days and after 48 leads no one has qualified. Due to no one having 600+ credit score. There is a married couple, with 2 kids that claim they have...
Joel Owens
100,000 isn't much anymore
I just read a very sobering article on Comcast just now. Only a little over 6% make 100k a year or more in the nation.
Adjusted for rising costs many are just getting by and unable to save much.
Hyper inflation hasn...
Account Closed
Solving the negative cash flow issue with LA rentals
So you are told its impossible to cash flow in LA. Actually you can, it just requires slightly more cash down. You can also try lowering expenses, although that might barely make a difference.If data from Zillow is co...
Chauncy Gray
Amortization Schedule - 30 Year Mortgage
Hello Everyone,
I was at a local real estate investor group meeting last night, and I was told something that I could not believe at first. I was told that amortizations are never good, especially for 30-year mortgag...
Michael Doherty
Talk About Success or Keep Quiet?
Hi all,Generally speaking, do you think it is a good or bad idea to discuss your success in real estate with friends, family and co workers? Discuss not in a gloating or bragging way but talking about specifics of pas...
Account Closed
Strategy for dealing with dues owed to an aggressive HOA?
Hello,I'm a new member of the forum, and I do have an issue with my HOA that I'd like to discuss. In this situation, I'm a homeowner, and I currently owe several years of HOA dues to the association. For various reaso...
Shiloh Lundahl
MILLIONAIRE Mindset Vs. None-MILLIONAIRE Mindset
On the BiggerPockets website everyone has an equal voice. An equal opportunity to read and post as anyone else (as long as the poster follows the BP posting guidelines of course - which is understandable).I have learn...
John Payne
When is it too late to tie up a Pre Foreclosure deal?
Learning more and more about Pre Foreclosures and Notice of Defaults, but one nuanced question. Whether paying cash or taking the property subject-to, the overdue lien that is causing the foreclosure in the first plac...
Andrew Syrios
The Rate of Return from ONLY Principal Paydown
I was curious on what the rate of return would be on real estate from nothing more than principal paydown alone. Turns out it's not that shabby. Using my trusty CCIM Institute financial calculator, if you get a 80% LT...
Neda Navidnia
Can not find tenants
Hey all,I have listed a property in Katy, TX. It's been on the market for about one month. I believe the price is good according to CMA.It is a two story, with all bedrooms upstairs, some people say they need at least...