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We bought our first rental property, a duplex in Portsmouth, VA, in what we assessed was a C neighborhood in March 2023. It is also a long distance rental property. There currently appears to be a flow of investors st...
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I imagine anyone that reads the title will think "no such thing", but what I'm looking for is just a very boiled down summary of the numbers involved in a typical foreclosure process.For simplicity, assume a home is p...
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Looking for some experienced advice. I've been extremely lucky with tenants the last 15 years. However, I currently have a tenant in a condo in Jersey City. She has been consistently late with rent, even before the...
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I have a rental house and the rent is due on the 5th of the month. I give a 5 day grace period after the 5th. Say that they pay on the 13 of the month. Do you charge your daily rate for them being late or do you let i...
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Hey all! My name is Keenan, I am a college student new to the REI space looking to venture into my first investment property (duplex or SFH) in the next year. I have no pay stubs/proof of income but I do have a very g...
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Somewhat unusual situation: we are in escrow on a property, and the current lender was going to underwrite the new loan. Due to complications in due diligence (seller financials), the only way that it makes sense for ...
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Bigger Pockets Members,
I am having trouble trying to understand how yield works. I would most appreciative of your help. I have several courses including Calculator Power (but none give equation examples). I have a ...
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I am screening my first applications for my first rental property.
I have a young married couple who is looking to get their first apartment together to move out of their parents house. They are in their very early ...
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A little background is that I am 19 and a sophomore in college. I work up in Alaska during the summer months so I make a fair amount of money (15000 to 20000 a summer) but do not have a part time job during the colleg...
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Hello fellow investors.
I want to ask your advice.
I find home where I want to live. And I know I can pay for this. But can not qualify for credit. What I can offer to potential co signer to make it i...