John Hammond
Sold a property and owner financed. Is new owner under insured?
We just closed last week. There was a section in the mortgage that states that the owner will have a policy that covers the "full insurable value" and a lot of other legal jargon. The gist of the paragraph is that h...
Steven Nitschke
Where do I go from here??
Hey guys(girls)Let me start with a little background>Im 23>Live in SE Wisconsin >Dropped out of College in 2015 because wasn’t sure my direction>4 yrs working full time for family owned HVAC business (730-...
Joel Shupe
Financing Question - Cash to Conventional
Hey all, newbie question here:I have identified and negotiated a solid deal - numbers beat my targets, and I would hate to let this one slip away. The gist of it is that the seller wants a cash deal, and doesn't want...
Tri Huynh
Tenant Screening & Rent Collection Online Service Help
Hi,
I am looking for help finding a tenant screening and rent collection service for a duplex which I am managing myself.I need a service that will 1) screen tenants, 2) generate California leases, documents, etc., a...
Jeff Matthews
What would be the best move financially for upgrading rentals
Hi Guys , ok so I got a question . I own a 70K condo that im renting for $750.00 a month .The HOA is very expensive costing $195.00 a month .I own the Condo outright (No Mortgage) I have probably another hundred a mon...
Sami Gren
Is it legal to put a daily penalty?
My tenant us asking for a month extension, but to be sure she will move out at that time, I want to put a big daily penalty fee (maybe like $75 per day) for each day she stays more than a month, so I could make sure ...
Tom I.
Deciding on purchasing a couple of duplexes or a small multiunit.
Hello BiggerPockets Friends,
My name is Tom and I’ve followed these forums and BiggerPockets podcasts for a couple of years now, it’s almost time for me to make a big decision. I was hoping I could get some advice fr...
Josh Feldman
New Investor - Long Island New York
Hi everyone, I am looking to invest in real estate on long Island. I just bought my first home, which is essentially a live-in flip. In the past 10 months of living here we redid the floors, created a master bathroom ...
Lisa Ballesteros Juden
Refinance investment property from 4.357% to 3.875%
Is it worth it to refi an investment property from a 30 yr @ 4.35% to a 30 yr @3.875%? The closing costs = $5400. The payment would decrease by $135/month. The plan is to keep the property long term.
Meghan Andersen
What is the General Consensus on Investing in Montana?
Aspiring fix and flipper wondering what the outlook on investing in this area (Missoula, Montana) from an investor's stand point! What are the things that are stopping you? What are the things that draw you to this ar...