We have a home in a desirable area and a couple of folks have asked if we'd consider owner financing, so we're considering it.  We would obviously ask for a down payment, proof of income, and proof of insurance.   We'...

📈 XIRR vs IRR: What’s the difference?
XIRR and IRR are used to find the IRR of a project.
But what is the difference between them?
The XIRR and IRR functions in Excel are nearly identical besides one critical dif...

A buyer recently paid off her contract for deed which was held by me. She cannot/has not recorded the deed due to the fact that  property taxes are owed by her and in Genesee County, property cannot be conveyed if pr...

Looking for some advice with my next move. I would like to purchase two more rental properties this year. I currently own two, which are both generating a nice profit after expenses. One is in Florida, which is alread...

We have a triplex under contract and the condition of one of the units is very concerning. Filth and leaks in both the bathroom and kitchen faucets were identified in the inspection. The tenant is older, loves the pro...

Good afternoon, if we form an S Corp and start paying ourselves a salary out of the S Corp will that be satisfactory for the banks when they want to see consistent pay stubs and W2's. Will the formation of an S Corp ...

Hi All,Hope your week's are going well!What's the general consensus on newbies investing in section 8 rentals? Please pardon my ignorance and naivety, but I'd love to hear what people think of this plan and all the po...

Hi everyone, I've been listening to the podcast and lurking on the sight for a while now and finally decided to introduce myself! I'm Alex, I'm from the Capital Region of NY, near Schenectady, I'm a car business guy t...

Hello, new member from Houston,Tx. Im a conservative investor who owns multiple properties that are paid off and I'd like to know best options for refinancing my current properties before I talk with my bank so Im edu...

Hi Biggerpockets community,I'm trying to rent out my house (Houston area) for the first time, and I had a potential tenant contact me who's moving in from out of town and wants to rent before buying a house soon, mayb...