John Roesler
Tenant is 4 months behind on rent
My property manager called me today to say they’re not sure my tenant who is 4mo behind on rent is going to catch up.They suggested I could send to their collection agency, or once the tenant leaves, file in court for...
Kenny Rains
Pet Fee in Chesapeake, VA
I've done a little research but I don't see much on pet fees. I'm strongly considering allowing pets as I have a vacant property and I believe this will allow me to rent it faster. I don't want large pets so I plan to...
Chris Pohlson
Why no crowdfunding in South Dakota?
As I continue to grow and scale my business, I've been trying to line up some private money. I don't have an immediate need but will soon. I've checked with RealtyShares, Patch of Land, Anchor, and LendingHome and N...
Account Closed
Chapter 13 and Deal Analysis Q's. This could be my First deal!!
Good Morning BP!I have a scenario I truly hope you can help me with as I can not fairly evaluate it. My father has 2 mortgages on the house I grew up on. He is planning to file for Chap 13 with the payoff plan to have...
Yos W.
Mortgage vs HELOC - Planning for 2nd Rental Property
We purchased our first rental property last summer and so far it's been what we expect it to be.. the rent covered the monthly mortgage with $200 positive cash flow. (we'll use this for fixes, etc).We are thinking of ...
Marcella Sykes
Hard Money
Hi Everyone, This will be my first attempt to secure a hard money loan and I would like to know what to expect.Is the loan based on LTV or ARV. What type of interest is the norm, how many points should I expect? How ...
Jackson Lee
New Member in the Twin Cities
Hi everyone,I discovered bigger pockets a few months back, however I finally decided to make an account and start posting, asking questions, and what not. So far, this site has been huge for me, as a resource and insp...
Zach Adams
HELOC for downpayment fell apart!
I decided to take out a LOC on a rental property I own with a 0.57 LTV. The lender at BofA assured me I could use an investment property. I found a deal for a triplex locally and trying to purchase as Owner Occupied...
Cassidy Burns
Schooled by a Tenant, BUT I learned something new!
Hi BP,I am posting in regards to my current tenant situation, and how I got SCHOOLED. My tenants are breaking their lease early (Signed through Feb 1, moving out December 18th.). I had sent an email saying that they...
Gaynor Pendleton
Investing as a Non US Resident
Hello all, I am a non US resident, come from the land down under 'Australia' and have been dabbling in real estate in the US for the last 18 months. Such a fantastic opportunity to gain financial independence, altho...