Charlotte Dunford
Syndicators if a deal doesnt go through
If a deal doesng go through due to a failed phase 1 environmental study and your LP already spent thousands of dollars on the environmental study. How do you make this up with your LP?
Myia Hunter
Investing after paying off debt
I am currently in grad school and when I graduate along with my car loan I will have about $63,000 in debt. Is it better to pay off all my student loans and car loan first then start investing with my own money? I wan...
Pope Lake
Accounts for monthly expenses
When setting aside money for expenses that aren’t necessarily incurred monthly such as capex, repairs and vacancy - where do you store these funds? For example, is there a separate account that you maintain and lump a...
Adam Miller
My first property - advice needed
Greetings everyone. First of all, I only found this site a few months ago, but I absolutely love it. This is a wonderful site, and reading the posts has motivated me to get off the sideline and get into the action. I ...
Patrick Howell
Cash out refinance on my entire portfolio
Hello,
Wanted to get your everyone's feedback on this scenario. I'm hoping to leverage some existing equity in my REI portfolio to pay off some student loans. I currently own 5 residential rental properties (with 5...
Stephen Lassiter
Keeping a copy of photo ID
I am renting out an apartment in my backyard. My applicant's co-signer is questioning my need to keep a copy of their photo ID. Everything I read on Bigger Pockets says I should get a copy of the applicant's photo ID....
Brandon Phillips
Need my money to work for me
Sitting on $20k right now, not ready for income property. Any suggestions where i could invest it to get a better rate of return (not savings)for time being? Would like to purchase my first property within the next 12...
Erfan Haroon
How to leverage 8 (paid off) single family homes?
BP Folks,
I am looking for some help. Please pardon my ignorance when it comes to the financing process as I am newer to it. I have learned that I want my cash on cash to be above 12% and I use the BP rental analysis...
Ryan Corcoran
Commercial Lender MA
Hi BP,
A partner and I have locked in a 10 unit property. We have tried several banks so far and are unable to find an underwriter willing to give a 30 year commercial loan at this time due to COVID and the PPP lo...
Gerrit Oosthuizen
South African (Covid19) discount properties
The South African property market is ripe for the picking.Let me know what and where do you think is the most promising opportunities for the remainder of 2020?