Cheza M.
Should I wait for Inflation to end before purchasing properties?
Hey BP Community,I'm a new investor and currently have one property out of state that I bought last year. I was thinking of buying 1-2 more properties this year, but because of inflation the interest rates and cost of...
Cole Simpson
DD: 5 Keys To Profitable Rentals
Daily Dose!5 Keys To Profitable Rentals:1) Every Communication CountsKeep in mind that early communications shape the tenant's perception of the landlord. It's difficult to recoup if the tenant develops reservations. ...
Daniel K.
Non-paying tenant has a warrant out for his arrest
Six months ago, I started my RE journey with buying a 3-unit house hack in Chicago. When I bought the place, two units were already rented, and I'm living in the third. One of the tenants has been a recurring problem ...
Nathan Ruffrage
HELOC increase without closing costs
Hey there!!!I’m an investor with a Heloc on a property that is very low. The property is valued three times that of the current line of credit. I understand some banks will simply increase your line of credit without ...
George Paquette
Legal description, plat map, surveyor all say something different
Hi all- Bought a property in Los Angeles County a year and a half ago. I studied the plat map and the legal description thoroughly being an appraiser. We’re building a new patio and the city tells us that there was a ...
Jason Papp
Seller Finance - High Interest 2nd to have a lower sales price
Is something like this possible (simplified hypothetical example):
Seller wants 500kConventional loan for first 400kSeller carries a 2nd note of 25k at 19.5915% over 20 years = $100,009 in total payments
Would this ...
Joshua Sun
Should one open up a business bank account before starting out?
My girlfriend and I have been saving to buy our first investment property. Should we talk to a bank to open up a business account? I hear it will be easier for CPA / Taxes later on if all expense from purchase, rehabs...
Michael Coco
New Jersey AG Cracking Down on Landlords who ask about Criminal Histories
It's illegal to ask prospective tenants about criminal histories now in NJ:New Jersey AG’s Office accuses dozens of landlords of discrimination based on criminal record (news12.com)I think this is completely insane bu...
Joseph Matsushima
Have Our Host Rate Your Plan!!
Hello! We're the BiggerPockets Media! Are you looking for feedback on a strategy you're currently exploring (or currently investing in)? Are you looking for an opinion from an expert investor like David Greene, James ...
Robin Johnson
Zoning issue: How to prove our duplex has always been a duplex?
Looking for advice on how to prove our property has been a duplex. Any help would be much appreciated! Here's the full background: We recently bought the duplex in South Salt Lake, UT and through the refinancing proce...