how does tansactional funding work? Do I need to have enough money personally to cover the loan if my buyer walks? I need someone to explain this process please? Thank you
My wife and I live in Reno, Nevada and invest in Missouri. Specifically St. Joseph and Maryville Missouri. St. Joseph is north of Kansas City, is a commuter city for many, but has a stand alone economy with many empl...
Biden rolls out 'Renters Bill of Rights' as lawmakers push for federal rent control lawsIn the face of , President Joe Biden is the White House is calling a "Renters Bill of Rights" in an effort to improve rent aff...
I sort of began this in another forum, but didn't find the category about new builds until later and felt it really belonged here. As they say, "A picture is worth a thousand words." I will be posting pictures as the ...
I'm having a hard time valuing seller financed deals. I've had a few come accross my plate, and I'm thinking I had it valued lower than I should have. I understand a couple good rules of thumb:
Cash Deal: AR...
I am a newbie, just converted my primary residence to a rental last summer. We're nearing the end of our first lease and have a bit of a problem tenant but they pay rent early or on-time every month. We're on the fe...
I have tenant that has been renting for a year and convinced me to reduce my rent and signed a 2 year lease 4 months ago. They offered to by the rental just 3 months ago and used their deposit for earnest money and wa...
Michael Rogers of Chandler Properties provided the following Excel Worksheet for BiggerPockets to share with all of our members.
REI Property Analyzer
We hope you all find it comes in handy.
NOTE: If anyone else h...
I am reading that the mortgage deduction is going to be for loans up to 750k on new deals for primary residency....., how about for rental properties? is that any different? is this capped to 750k total or is it per...
Hi all,I bought a foreclosure for cash ($28,000) and have put $50,000.00 cash into it. The heavy, big work has been done and now it's the final touches. Flooring, and kitchen/bath furniture - and I'm done! Two brokers...