Potential buyer is looking at a commercial property with poor trailing performance, so it will not qualify for a new loan. It is mortgaged. The seller is willing to be creative, but not do anything that might trigge...
After reading"Money: Master the Game," "Rich Dad, Poor Dad," and then following that up with "The Book on Investing in Real Estate with No Money Down" I found Bigger Pockets Podcasts and then this website. A belief ba...
My name is Ivan Oberon and I am very happy to be joining all of you. BiggerPockets has been on my radar for years so it's about time I joined!I am a real estate investor and the exclusive insurance consultant for the...
I just got nailed by the Judge for, as he called it, "egregious late fees"! I only charge one amount for late fees, $50. I use it as a deterrent to lead the tenant to paying on time. The rent is $600 and the late fee ...
I'm selling a piece of land to a developer, with $200k of the sales price being seller financing. It's due in 12 months (will likely only take them 9 months) at 10% interest paid quarterly. I can get a higher return o...
Hi everyone. Newer investor here. I have a couple of small multi under my belt (up and down suite and a 3 unit) I am considering to purchase a 5 to 6 unit next year but dont know how to begin. Lots of questions i nee...
Hi all, I am an American expat looking to buy a duplex in Cleveland. I want to create an LLC/Trust structure to protect the property. Can anyone make a good suggestion for a lawyer who could help with this? I'm open t...
Hi,I accepted a tenant at the beginning of December. Here security deposit and most of the first month's rent are supposed to be paid by NJ Victims of Crimes.Fast forward now:- she did not pay her rent of January. Kee...
Has anyone ever read these books (volume I and II)? In it, the guy talks about his strategy for buying and renting out over 300 single family homes.
For the first property, he started off with around $28,000 or so f...
I hope I'm posting this in the correct section.
I am going to start a small business with property management. I wan't to focus on single family residential and charge landlords either 10% or 15% of the rent.
I hav...