Leroy Williams
Short Sale Option
Situation:
Brother owes $143,000 on mortgage
House Value(according to comps) $121,000
Offer Home to lender as a short sale for $100,000 (sister says lender may take/she is a realtor in Atlanta).
I would purchase.
An...
Ruka Ishihara
Hello from Saudi Arabia
Hello Community! My name is Ruka, but I go by Luke. I work in Saudi Arabia at the world's largest oil company. I am interested in buying real eatate in Chicago, a city I went to grad school in and where I got my firs...
John K.
Seller's financing - ARM, ideas on future interest rate?
Hi,
even though I really didn't want to, in the end I had to accept a condition of the seller to have adjustable rate on the seller's financing. There is a 4 year balloon, so I just hope that the interest rates won't...
Bernard Chouinard
Separation from the waves of newbies
First I want to say what a ridiculously great site/podcast/community. Its the only one of its kind where I feel like the people here and running the site are really interested in helping others along rather than tryin...
Justin Sandall
To increase rent or not to increase rent
We are nearing the end of our first year lease on a SFR and trying to decide whether or not to increase the rent for the coming year.
I've read that you typically increase ~3% annually but we are hesitant as we are ...
Jie Robbins
Harassment from the President of the Condo Association
We just bought a condo for rent a few months ago and has been constantly harassed by the president of the condo association. We received three fines, one of which was not even notified. We found out the third fine on ...
Mindy Jensen
Hello BiggerPocketeers! You're Going to Want to Read This!
The past few months, we’ve been hard at work at a few REALLY neat features on BiggerPockets that will help you connect better, learn more, and achieve financial freedom even faster. We’ll be rolling these new features...
Francis A.
Renting in America Has Never Been This Expensive ( Los Angeles )
Interesting article:http://www.bloomberg.com/news/articles/2015-08-13/renting-in-america-has-never-been-this-expensive
Yinan Q.
Two LLCs own one property?
My partner and i are planning to buy a property. We each have our own LLCs. I am wondering if we can fund the property with our LLCs 50:50? In other words, can a property be owned by two LLCs? This way we don't have ...
Andrew Auger
When should I add these (Insert Here) to my Landlord Business?
Hi Everyone,So while I continue to look for a deal, in the down time I have been trying to get business prep sorted out while I wait for a good deal to come onto the market. Just a bit of background, I am a first time...