Account Closed
Non-Perfoming Notes 100% UPB
I have been searching the fci exchange and have come across a couple of non-performing firsts that are selling are over 100% upb .I see that the note is at 8.5% ,the original balance was at over $200k and it is now ar...
Wade G.
I sold a property with a wrap and I hold escrow so how do I show the owners their year end payment breakdown
I sold one of my rentals with a mortgage wrap last year. I hold escrow for the buyers. I am certain that I need to provide the owners with an end of year statement showing how much they paid toward the loan amoun...
Lorraine Martin
Landlord rights with property management
Hey everyone. I have a property management question!! Please help!!
We are landlords and hired a management company. Long story short, we decided we want to manage it ourselves after they started the “advertising fo...
Ciara Smith
Who pays for blocked toilet repair?
My tenant notified me of a backed up toilet. I called the plumer who attemped to snake the toilet but was unsucessful as there was something stuck in the toilet so firmly that he was unable to move it. We ended up hav...
Robby Sanchez
bonus depreciation questions
Hey everyone, i had a question about depreciation, i will give you my situation as an example. i currently own 1 single family that i have been renting out since 2021 and i just bought a duplex in march of 2024 in whi...
Josh Calcanis
Life Insurance as Financing?
BP,I was speaking with a friend of mine who recently began working for a financial group. She mentioned that she had a few clients that had use their overfunded life insurance policy as financing for a deal. Basically...
Mohammad Haidarasl
Can I still do this?
I was a heavy user of the site about a year and a half ago. I never really secured any deals while I was trying to wholesale. However, I have wondered about something and I'd really like your input. My main interests ...
Omer Ashkenazi
multifamilies door lock systerm?
Hey BP,I own a few small multifamilies and am now up to 14 doors. At the moment, each unit has unique keys for the front and back doors. So, I have about 30 keys, not including keys to side doors, basements, etc. R...
Rachel Zhang
Is mysmartmove.com a tool for landlord....the answer is NO
I have been using the https://biggerpockets.mysmartmove.com for several years. and I found that even the smartmove.com claims that benefit is that tenants can get get their credit reports generated without giving ...
Alex Corral
1 bank account per property?
Is it recommended to have 1 bank account per property? Seems a bit cumbersome. How do you guys manage your rental accounts?