I read a post on linkedIn from @Travis Watt, a fellow BP member, that posed the question, "Would you rather have 10k a month in passive income or $1,000,000?  I thought it was a great question and I think it merits a ...

What kind of paper trail do you maintain when collecting rent? I collect rent monthly through Venmo but never give the tenants an invoice or a paid statement. Is collecting electronically enough if there were ever any...

hi,
I have a tenant in a property who is starting to have difficulties making his rent payments. so far he has been paying on time, but recently, he has warned me ahead that he is waiting for client's payments (he is...

I've been trying to contact my lender but haven't gotten the answer. So I'm reaching out my BP members :)My questions is based on this estimation, is my monthly paymnet $1070.42 or will it be $1070.42 + $285.15= $1355...

Hi everyone,I've had my mortgage recently taken over by another company, I've managed to log on to their online portal to see they are charging me three times the interest than the principal and had a quick look on Be...

My husband and I have been approached by some investors wanting to purchase our house by seller financing. I understand the basic concept of seller financing. However, I don't know how to determine if their offer is b...

Hi All,I just wanted to get a quick read on a scenario and a general opinion if you would do the following deals. I am contemplating on selling two of my properties via a land contract/owner financing. This is purel...

Im working on negotiating a deal and the seller offered the following terms. I need help understanding exactly how this would work out:"Balance between your cash and agreed upon price would be financed at 7.5% with pa...

Hi Guys, I have a quick question that I am hoping someone can answer. To make a long story short. I have a tenant whose lease expired in August. I specifically let them know via certified mail in August that for the m...

I will be giving owner financing, writing up a mortgage, for a young family on a house I own. They both have decent jobs, but their credit is down from former divorce and other things.The house is $25K, they are putti...