Jason L.
Outgoing Tenant Not Cooperating with Letting Us Show Their Unit
I have a tenant who lives in one of my apartments who has given notice to move out on May 31st. I should note that I had a full-time property manager at the time she moved in (they have since been removed), and unfort...
Brendan M.
Ramsey and Kiyosaki Are Wrong: Why You Should Finance Depreciating Liabilities
Most personal finance pundits will tell you that if a purchase does not produce income and depreciates, it's bad debt. They'll also tell you that you should avoid bad debt wherever possible, buying things like cars up...
Shane Ryan
Contractor looking for investor
Hello all. Looking for tips and/or advice. I'm not an investor as of now but looking to be in the future. Had a friend become a pretty successful investor (which is how I heard about this site.) years ago but I never...
Brian Garrett
Can't show income so what are my loan options?
I've read how people create an LLC for their REI adventures and secure commercial loans versus getting conventional loans under their personal names. To my understanding the commercial loans closer quicker and are ...
Matt Speer
Would you fire your PM if their days on market avg was over 40?
Serious, yet simple questions: Question 1: If you found out your property management company had an average days on market of over 40 days would you immediately fire them and look elsewhere? Question 2: If you answere...
Jim L.
Foreclosure that is set to be auctioned off
If a property is in foreclosure and set to be auctioned off, is it still possible to contact the owner of the property, pay off the remaining debt and obtain the property before it goes to auction? Or once it is in f...
Sid Franklin
Chicago Gentrification
Does anyone think that Chicago's record tax hikes and the possibility of a tax exemption for property's under $250K will lead to a new round of gentrification largely driven by Millenialls wanting to live in the City ...
Jason Tran
Another College Dropout?
Hello BiggerPockets forum! It has come to my attention that the topic of "college dropouts" has sprouted a seed of slight interest in a few discussions. Though having only joined BiggerPockets very recently, I couldn'...
Alex R.
%2 rental rule does not work
I am looking up some houses to fix and hold (rent) and I am doing some analysis, but there is absolutely no way to get a deal which fits the %2 rule.
Here is an example:
http://www.zillow.com/homedetails/2911-Nels...
Wendy S.
5.25% Interest rate on investment property
Hi all.Is 5.25% on a 30 yr conventional loan with 15% down and excellent credit, about where the market is right now on less than a $250,000 property or should I be shopping lenders, considering I'm using a broker.