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Quick end of season update for the Oregon Coast..The challenge is not so much quality investors or even interest rates (as we've seen a considerable drop in lending rates since the peak in September) but a lack of qua...
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Hello BP! Basically the title. Pros and cons? Did you have to get permit/have the place inspected? How do you file for tax? What are the things that you would consider?Thank you in advance!
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Currently looking at a townhouse property (technically a condo) where there's a solid return (~$350-400 in cash flow after all expenses/vacancy etc) but the issue I'm running into is that the underwriters won't approv...
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Hey guys! My name is Ben Morand and I am a 20 year old college student interested in buy & hold investing. Right now, I am just trying to gain as much knowledge as I can and build connections, as I am so eager to ...
Are you landlords relaxing your screening criteria now because of job losses or uncertainty during Covid? Or do you essentially NEVER relax your standards, no matter what the sob story?
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Hello all:Been wanting to buy a home for a while and finally got the opportunity on a Fannie Mae Homepath property. Asking price was $165900 after dropping by $70000 in the past 5 months. Its a foreclosure. Got the...
My REO Realtor said I need a POF letter to have my offers looked at,do I just simply tell my buyers I need a POF from them or what?
Hello,Heard some good things about the BiggerPocket community, so I figured I would stop in!I am looking to start investing in some rental properties here in the MidWest. I personally do not have much of my own cash t...
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Does anyone know?🤗I found this point instructive in the rise of the 30-year mortgage and its knock on effect on historical house prices and the broader economy:“It was not until the 1920’s and the spread of the automo...
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Hello,
I just wanted to know the proper laws in Kansas City, Missouri to charge tenants for property damages after eviction. As we know as investors the security deposit does not cover all damages. What is the best w...