How would you handle this situation: My Tenants own a commercial cleaning company. They have been in since Oct 2019, always pay on time, no issues there. However, I was at the house yesterday to inspect an issue they...
Hi all, curious to learn what strategies y'all employ to protect yourselves for when prices drop. I know it is inevitable and it really stings when you have a lot of leverage, but maybe there is a good strategy so yo...
My last tenant had three pet rabbits that she let run free through out the house. It wasn't until we had hired a house inspector to do a routine evaluation that we realized how much damage her pets had done. The bas...
Hey folks - I'm working on creating some checklists for my business (I'm reading The Checklist Manifesto right now.) I'm planning on releasing these, for free, on BiggerPockets when they are finished. Today I'm workin...
Hello everyone! I am a new investor in the process of building my real estate savings, and I'd love to hear where everyone is keeping their own money while waiting to invest it into real estate. I want something wit...
As I have been educating myself on REI, I wanted to know how much of a mortgage loan I could get approved for right now on my own. With one lender I was approved for $150k at 4.5%. I know it's peanuts for the CA mar...
Hello all,
So...as I am researching the topic on PMI, I am coming up with conflicting responses. I am looking at a 3.5% (30 year) owner-occupied FHA loan for a duplex in Dallas.
From what I understand....
I keep here you guys talking about commercial lenders not looking at personal finances just the property but why does all the lenders I'm talking to want my personal finances and a personal guarantee on the loan? The ...
I found this notice in this week's newspaper:
It goes on to explain various parts of the new plan, but then at the end it has this:
Note the part I underlined in red. Current rent for a 3B...
So I am new to investing, have done a ton of research, reading, listening, studying, etc. over the past 18 months. My wife and I are supposed to close on our first two investment properties in December (Single family ...