Victor Barboza
Objection While Cold Calling
I recently started cold calling in search of motivated sellers. I would drive around and any house that seemed distressed or vacant I would search up on my local tax assessor's website. I would find the owner, than do...
Eric Gabriel
Rehab and Raise Rents with More Debt vs. Leave my Property As Is?
FYI, the reality of being a property owner/landlord in Portland, Oregon. It looks like I have to pay for my previous renter's damages ($2,170.48). It would be nice to not have careless renters. I get tired of updat...
Sage Jankowitz
Do you adjust your property insurance as your loan is paid down?
I'm reading a book right now that suggests it might make sense to lower your property insurance as you pay off more of your loan. So if you take out a $200K policy to cover your $200K house, but then pay down $100K of...
Lisa Dawson
Another Newbie from Indianapolis, IN
Hi All,
My name is Lisa and I'm a fairly new and reluctant landlord. I checked out Bigger Pockets because I would like to know a bit more about what I'm doing. I apologize in advance for my rambling post.
...
Josh Reed
Buying with Cash Avoids Owner Occupy Only Requirement?
I am not trying to get into Mortgage fraud here but my question is this. There is a REO deal I am interested in that just came on market advertised as owner occupy offers only then investors can come in after 21 days...
Michael Logan
Investor from Muscle Shoals, Alabama
Hello everyone!I think it’s about time I introduce myself and share our story. I was born on August 8, 1982. Just kidding!I’ll fast forward.I’ve been reading around on Bigger Pockets for a couple years now, and this...
Steve Smith
Financing a Short Sale with Repairs in IL
Full disclosure I am a short sale newbie. Situation: I found a deal in my area, far north suburbs of Chicago, and was planing to fund it via a conventional mortgage live in it for a couple of years and depending on t...
Adam K.
When preparing for a short sale should you continue paying the mortgage?
My inlaws have a house that they moved out of 2 years ago. Our best guess at this point is that they are $20k underwater on it and they have no money to put towards selling it so it looks like they will list it with a...
Steve S.
What do you look for in a rental property?
What do you look for in the ideal rental property? I'm not talking numbers , cap rates , price/ rental income here, and I understand this question is dependent on local markets. If a property is just a product that is...
Manuel Encarnacion
California Security Deposit
Quick question about security deposits in Southern California. When rent is about $2200 -$2400 do you still ask for 1 month’s rent for security deposit? So if their lease begins March 1st do they need to provide let’s...