Chris Bruce
Probate Best Lead Source
Well once again another probate deal closed. What I can say, I love these deals. There's no seller resistance 9 times out of 10 and I get these properties 30-40 cents on the dollar.
If your wholesaling this is def a ...
Alex Corral
Those who finance investment properties
Do you go with a 30 year mortgage or 15 year? I just closed on my first REI and took the 15 year. It was $146 more per month on a $60k loan. Seemed like a no brainer with the interest savings. It's not cash flowing mu...
Porter Rappleye
Why is REI better than investing in the stock market?
Hello Everyone!
I'm trying to convince my finance/MBA friend why REI is a better business decision than investing in the stock market and I'm not sure he's convinced. What is the best article on BP you've re...
Mike H.
I'm a dummy and need to know what I can do to fix it!
Ok. Here we go. I win the dummy award of the year but I need some help to see how I can mitigate my damage now that I'm in the bind I'm in.1) Bought a townhome, fixed it up and put a renter in it. Small town. Small ho...
Mark Beekman
Operating Expenses Estimate Too High?
When I find a promising multi-unit rental property, I usually assume that 50% of the gross rents is what I'll have after operating expenses to pay my mortgage. The listing sheets have a breakdown of the operating expe...
Rachel Ararasato
New investor in Hawaii
Aloha all I am trying to learn more about real estate. I live in Hawaii and with the economy here it feels impossible to buy and turn a profit in this market. Has anyone had any success? Please share your story
Diane G.
Can lender force me into foreclosure if I can't repay at maturity
I have a rental property that has a market value of $1.5M and $300K mortgage on it... The 10 year ARM is coming to maturity around 7/17, but I can't find a lender that still does that type of loan anymore (TIC for ren...
Josh Thomas
Fire Time Landlord: Would You Rent to These Tenants?
Hello All,I just received applications for our first tenants ever. They have passed all of our screens (criminal, credit, etc) and in general, I feel good about it. But there are some quirks:• It is 4 people total. A ...
Eric Hathway
Tenant late fees go to owner or manager?
I was informed today by my property manager that he keeps all the late payments when tenants pay rent late. Is that the norm or should I contest this? I know it could probably go either way and depends on what is in t...
Asad Shaikh
Joint Venture Partnership Structure With A Builder: Thoughts?
Good day Biggerpockets,I apologize if this post is lengthy. I think full context is helpful to receive thorough feedback. I live in Florida and am a licensed real estate agent. A year ago I had the observation that ...