Dameron Shore
Local Bank or Broker Cash Account for Solo 401k Account
I am about to initiate an i401k and have put in an inquiry with my preferred CU as to whether they can (or actually whether THEY think they can) handle the checking account for it. The assets are currently in an old 4...
Tracey Reinbrecht
Recurring late rent payments
We have tenants that always take advantage of the 5 day grace period we have in the lease. Today we received a text that they had an unexpected emergency and that they aren't sure they will be able to get the full ren...
Jane W.
Mobile Home Parks - Is this a good deal?
Hi BiggerPockets Community, I'd love to get another set or many sets of eyes on this deal. This is my first MHP deal and I would so appreciate all the guidance! I'd love to share this deal as it solidifies:- 40 pad on...
Roselyn B.
REO Speedwagon
Hi, all. I've been reading threads on here for a while trying to absorb what I can, but this is my first post. I am a first time homebuyer, but thought I'd ask this on here since you folks have a lot of experi...
Kyle Houlahan
Purchase Property Myself or Through Agent
I'm currently in the process of purchasing a property for myself. I began working with an agent a few weeks ago, but I found this property on my own. He has helped verify that the property was priced under market valu...
Jonathan Twombly
What Is Your Biggest Obstacle to Getting Started in Real Estate?
When I started out, I had two main obstacles:1. The internal obstacle of my belief that no one would take me seriously until I had closed at least one. It took me a while to be able to tell people I was a real estat...
Account Closed
Wells Fargo Abruptly Closes Lines of Credit - The End Is Near
When banks start restricting credit, they are not confident about people's ability to repay. That means the use of Lines of Credit, HELOCS and other lending for real estate investing will dry up too.
Wells Unexpected...
Edward Burke
Insurance - Replacement Cost well over market value
I have two properties in escrow in Saint Louis City. They are both four family properties in desirable locations (quality tenants).The purchase prices are $349,000 and $290,000. However, as these properties are all...
Nick Webb
How has COVID POSITIVELY impacted YOU and/or your REI Strategy??
Hey BP!
It has been pretty easy lately to talk about and focus in on all the negative aspects that COVID has placed on lives, and how it may change the way society and the RE industry operates in the future. Cap this...
Jordan White
Christmas gift for tenant... good idea?
Thinking of giving my tenants a small Christmas gift this year and want to know your thoughts. More of a small "Thank You for your business" - thinking a $25 gift card for the local grocery store and a box of chocola...