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Can somebody please advise what are generic financial terms for private lending(residential).Like loan rate, what happens when loan matured and borrower wants few more months extension.Thanks in advance.
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First time landlord. I used real estate company to find first tenant. The lease started in May 2016 and ends April 30,2017.
When do you give the tenants an option to renew the lease for another year? And when do you ...
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First post - I've learned a ton here so thanks to everyone!We're considering our first commercial property investment. We've negotiated a deal on a building in a very affluent area of my home town for $385k.The tenan...
What is your maintenance routine for keeping your rental property in good shape (roof, HVAC, etc). Are you familiar or using any system to alert you to possible damages?
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I have a condo in San Jose that I bought in 2012 for $166,000 (it has been rented out since the purchase). Market Value is now $400,000. Im looking to complete a reverse 1031 exchange and purchase a single family re...
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I'm attempting to purchase a property with a tenant already in place. The plan is to purchase the property this month. However, the purchase agreement that my agent wrote up has "The possession of the Property shall b...
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Hello! Brand new to Bigger Pockets Pro as of a few weeks ago. Been absorbing knowledge like a sponge. Eager to apply it all, but still piecing it all together. Never been one to ever post in forums, but starting to se...
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How are you guys on payments now that we're entering July?https://www.cnbc.com/2020/07/08/32-percent-of-us-households-missed-their-july-housing-payments.htmlAs the economic fallout from the coronavirus pandemic contin...
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Hello Guys,
I am living in Toronto, Ontario, Canada, I would like to became an investor in real estate but I don't know if BiggerPockets strategies and concepts will work for this market or, how to get into the US ma...
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So, my umbrella insurance provider won't insure my houses now that they know they are held in LLC. The insurer who insures the houses is ok with them being titled in LLC, but also can't do the umbrella policy for h...