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Hey there guys!We forwarded 3700$ balance due to our former tenant, however most likely tenant won't pay as he mentioned on the phone he will be filing for bankruptcy. Our property is located in Lubbock, TX and tenant...
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Hello BiggerPockets members. Love his community. Have anyone of you hired Tardus for wealth coaching? They are the creators of the Income Snowball (i.e. Income Snowball, a system of investing in which a person can cre...
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I hear so much about how important it is to have positive cash flow when analyzing a property to buy and hold. What I don't hear is how the deposit you put down on a property affects the cash flow (by directly affecti...
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Hi guys!I am really scared of this due on sale clause that happens when you transfer your rental into an LLC.So Ive been postponing and postponing doing so with one of my rentals that is more expensive because I am wo...
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I read an article that quoted an un-named source saying that GE Capital is trying to get as much money by 12/31 as possible-even giving salespeople incentives to talk customers into refinancing to another company or c...
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Hi guys,
I am looking to do my first property purchase within the next 3 months but have a few questions about the mortgage rate and amounts.
Im just curious to know how to negotiate these?
Example:
If I want to p...
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How does one put together a breakdown of renovation expenses for a commercial bank loan application? Does anyone know a short and simple way to do this? I must be having a hard time seeing the forest through the trees...
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Where can I learn how to do seller financing? Where can I get contracts for it? Does anyone have book recommendations on the subject?
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People are saying that declining home, stock, 401(k), etc values is a destruction of wealth. But I don't believe it and have been arguing that wealth is not destroyed until there is material destruction (i.e. a house ...
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I've browsed through the forums and wasn't able to find anything on this, but I'm sure other people have this same question. I own 6 properties all financed with conventional 30 year mortgages. I'm considering ad...