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Results (10000)
Zapata Tate Buting new duplex in Dallas, NC.
6 November 2023 | 5 replies

I'm under contract for a duplex in Dallas, NC, and I'm a little nervous. They asked 419k, I'm under contract for 365k with a 3.5% seller concession and a 1.5% commission (I'm a new agent). Rental market says 1200 to 2...

John Wallace How to use DSCR loan to acquire more properties
19 May 2024 | 2 replies

Here's my situation: I have 2 rental properties. The First is in Crestview FL with a long-term military tenant. Cashflows ~ $800 monthly. Mortgage is $180k. Home is worth $330kThe Second is a Townhome in a student hou...

Geoffrey Ravenhill Purchase price way below tax assessment valuation
18 July 2013 | 7 replies

Hello Bigger Pockets,

I am new here and would love your help.
I am about to close escrow on a house in Santa Barbara CA for about 33% below the tax assessed value. It is trashed on the outside and inside (all cosmet...

Heather Miner Rent due on the 15th?
5 July 2019 | 5 replies

I have two tenants who receive their paychecks/disability funds after the 5th of the month, so I extended their grace period by a few days. This results in extra effort each month because of multiple late fee structur...

Kadia Lawrence How to calculate 3X income rule for section 8 and Minimum credit score
27 May 2024 | 4 replies

If you have a minumum multiplier to qualify people on income, e.g., income must be 3X rent, how do you make the calculation for a tenant using a section 8 voucher?Also, if you are using one standard set of criteria to...

Alessandro Stammes How does mid term rental income affect appraisal, if at all
6 March 2023 | 4 replies

Just bought my first duplex here in Norfolk VA. I'm using a 203k loan and my plan is to live in one of the units for a year and then turn both units into mid term rentals for nurses. My hope is to get rid of PMI when ...

Patrick K. Regarding a "loan partner" vs "equity partner"
20 May 2022 | 9 replies

Hi all, have been binging on BP podcast these days, I keep hearing Mr. Greene mentioning whenever he gets into a project with a partner, he prefers a "loan partner" rather than an equity partner. I am wondering how do...

Ryan Tuleja How do I set up electronic rent payments?
16 November 2023 | 6 replies

A little back story- It has come to my attention that my renter, who is on SSI/disability, goes through a silly/expensive process to pay her rent and other bills. Her monthly payment comes to her via a debit card. She...

Justin Harley HELOC or Cash Out REFI
2 February 2022 | 4 replies

I am new to real estate investing.  I’ve been listening to biggerpockets podcast, and reading books for a while now.  At this point, I’m just ready to take the plunge and start creating passive income.  I have approx ...

Christopher Henning Tenants being difficult when viewing a potential property?
25 July 2009 | 11 replies

So we are evaluating a property and our agent is attempting to set up a showing and the tenants won't respond to the sellers agent. The rents there are very cheap now $325, should be around $550 in the current market...