Hello everyone!!! I am new to Bigger Pockets and owning rentals. In the last 12 months my brother and I have purchased 2 houses in the Cleveland Ohio area using the Brrrr method. We just purchased a third house this p...

If you are new to borrowing money to fund your investments here are some terms that mortgage brokers and lenders commonly throw around without any explanation.  I did not list them in any particular order.  If there a...

I was just considering the best way to maintain a property while it was rented...Example: Some landlords include yard care and it's included in your slightly higher rent But my dad is the type of tenant who pulls a ha...

We have so many exit strategies for real estate notes. Often the best outcome depends on the note itself. Here are some of the strategies we use broken down into Performing and Non-Performing Notes.
Performing Note...

Hi all, I am curious on why do RA developers want to sell pre-construction units at a discount? I understand in some regions, developers must pre-sell a certain percentage of their units before they can start the cons...

The most recent mortgage rule change that has yanked the welcome mat from underneath first time home buyers has put the spotlight on Posted Mortgage Interest Rates.The Posted Mortgage Interest Rates used to serve just...

Hello BP Community,I have been approached by the holder of a seller-financed note (for a property I purchased from them) asking if I would be able to repay my note earlier than agreed.  They understand that it would h...

There is a guy/company selling notes in my area. Obviously due diligence will need to be performed, but I wanted to see what some of you pros thought, on the surface:

1. The performing notes were all originat...

This is a corporate rental.  The guy that contacted me lives here.  His company has rented off and on from me about 20x in the last few years.  But this guy was asking for a discount for 2 guys sharing a place.  I tol...

Hello again BP,We are considering finding a home and Move-in/Flip/Sell/Move-out in roughly a year, maybe less depending on how well it goes. I am not understanding the capital gains tax for Minnesota. Am I taxed at my...