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I found a duplex I want to buy that seems like a no brainer as far as what the numbers say but the current tenants in the units have no leases and the building is way below market rents. I’m guessing the banks would n...
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I am a realtor and I have found a title company that says they can handle a crypto transaction. They will verify the funds- transfer them to escrow and give the seller US dollars. They are a reputable title company ...
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Hi all!I am researching the viability of STRs in upstate NY and there is a lot of chatter at the moment about pending or upcoming changes to regulations within specific towns, counties, etc. However, I am curious if a...
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I financed my first fix and flip by taking out personal loans and using my own cash. Going forward, I'd like to begin using my LLC for financing deals (i.e. hard money loans, etc) to keep all of my personal and busine...
I own my home free and clear. Should I apply for a HELOC to start purchasing rentals? If so, how risky are they?
Hello Humans,
New investor here. I understand that it is good idea to save 10/10/5 percent on capex repairs and vacancies, but at what point do you stop saving (or do you)? In a couple years, it is possible to save $...
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I know that commercial lending works different that residential mortgages, but my question is more about what these lending institutions are looking at when they are making their decisions.
1. When crunching ...
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Can anyone give me some great pre-screening questions to ask a potential tenant by phone or email, before I give them a tour of the property?
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Hello biggerpockets family, hoping to get some advice/ tips on how to go about collecting rent. I currently have them Zelle me to my personal bank amount but I’m Wondering if it’ll be easier to manage using a platform...
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Hi all,
I purchased my first property recently in the Tremont area. It is an owner occupied duplex that I am currently renovating myself (about $40k worth of rehab) and one of the things I am sort of anxious about i...