Jerry Poon
When to discuss your investments with your significant other?
Not sure if this is the right place to post this, but here goes.My SO and I rarely talk about money. It has not come up because I do not want to let on that I have a portfolio of assets, mainly because I do not like t...
Shannon D.
Significant Price Increase from Signed Contract by the Builder
We signed a contract with a builder 14 months ago and we just got a new price of 35% higher than what we originally signed for. They are blaming the inflation and permit delays. The exact language in our contract is: ...
Jorge Vazquez
What are the most significant advantages of buying rentals?
The first one is passive income. Perhaps the most significant benefit of owning rental properties is the passive income you get because your involvement is very little, and you continue getting that cash flow monthly....
Stefon Pegram
The significance of the rich dad poor dad chapter
Hello BiggerPockets family, I had just got done reading a chapter of the rich dad poor dad series. This chapter was very significant because he touched upon the topic of gaining knowledge through working for free. I’v...
Jason Ellis
Significant repairs to rental property vs selling for equity
Hi BP! I'm looking for some advice on a dilemma I'm having with one of my rental properties. I own a short-term rental in the Charleston area that is a really nice townhome. It cash flows well as a short term rental, ...
Jude Welsh
Sheriff's Sale property: Judgement amount significantly higher than Liens
All,I'm planning on bidding on a property at Sheriff's sale in September that has the following liens:$540,000 senior mortgage$21,000 unpaid municipal taxes. There were several other tax sale liens, second mortgages,...
Candy Elk
Charge interest or fees when initial closing significantly delayed
As a private lender I’m Looking for advice for when an initial loan closing is delayed either a week or so or even prolonged. In one instance (happens to be our most regular borrower) the loan was delayed about 2 mont...
Haseeb Awan
Mortgage for a brand new LLC with significant downpayment ?
Hello, I was looking at few properties in Detroit with very good cash flows. While I have most of the money, I am still curious if it is possible to get mortgage against entire portfolio since they are 30-40k houses. ...
Ben Rasche
How to value a property that needs significant repairs
Hello,I'm currently looking at an investment in 3 properties that all are in need of some fixes. One of the properties is in need of foundational repairs. I've gotten one estimate for 15k, and one for 10k. The hous...
Lance Mel
Houston Section 8 Payment Standards Dropped Significantly in 2024
Hey everyone,
I've been doing some research on investing in Section 8 housing in Houston and came across something concerning. The Houston Housing Authority (HCHA) just released their 2024 payment standards, and they...