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Results (5633)
Rich Schmidt Abandonment clause in lease... Is it legit? Have you used it?
28 April 2015 | 3 replies

The lease I've been using for years with our SFH properties includes the abandonment clause pasted below. I don't remember where I got the lease, but I'm in a situation now that fits the criteria listed in it. He move...

N/A N/A LLC formed for each property?
10 July 2018 | 17 replies

Hello;

I received come advice from an accountant saying for each real estate investment I do , form a new LLC for each. toughts? :pup:

Steve Rozenberg How Are You Holding Security Deposits?
9 June 2015 | 33 replies

Are You Holding Security Deposits in Separate Accounts?

Sanjay Bhagat Real estate syndication Vs S&P 500 index fund
12 December 2024 | 10 replies

I have a dilemma. This is my first post in Bigger pockets. S&P 500 index fund has given a historical AAR (Average Annual Return) of 10 % in the last 60 years and 14.5% AAR in the last 15 years as of today. The AAR...

Brett Staniforth Banks scared of loaning to college grads with student loan debt?
2 January 2019 | 8 replies

Hello BP Community!I am graduating from college this Spring and am looking to get into a market (either Minneapolis, MN or Des Moines, IA area) to start acquiring multi-family properties to BRRR. I have enough capital...

Joshua Nudell A topic that came up in a local REIA event I attended: Distressed mortgages
10 September 2014 | 7 replies

Good evening all!I was attending a local REI club meeting here in New York City and an interesting topic came up regarding distressed mortgages.  I wanted to see if anyone on BP has had experience with these types of ...

Jeff Caravalho Solo401K - How to administer a loan to myself
25 October 2016 | 17 replies

Hi BP,  I would like to loan myself 50K from my solo401K to pick up a foreclosure at auction.  My custodian says it's my responsibility to administer it.  Seeking direction on the best way to do that.  I'd like to min...

Gp G. cash out refinance to clear high interest credit cards debt
2 February 2024 | 10 replies

I have mortgage about 80k with 15 year term ( so far paid about 4 years of 15 year term of original loan amount 120k) with interest rate of 2.85 %. I also have credit card debt of 80k with interest rate around 20%  as...

Bryan Boulware Fannie Mae Homestyle Renovation Mortgage
14 June 2019 | 2 replies

Hello,Has anyone dealt with the Fannie Mae Homestyle revocation mortgage? if so could you provide more information on the loan? Also how does it contrast from a traditional 203K loan? How was the overall experience us...

David Castagna Tenant late on rent / eviction in Michigan
19 September 2023 | 6 replies

Hi BP friends, 
I have a tenant that has lived in my property for 6 months and has been late 4/6 months. Typically, she is just a few days late and pays the late fee. This month, it is the 13th and she has still not ...