Michael Moikeha
Commercial Lending Questions
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 ...
Andrew Busby
Tenant Screening Questions
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?
Alejandro Ferrer
Advise on how to Collect rent
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...
Brett Dawson
Recently Purchased Duplex -Refinance Questions/General Networking
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...
Taylor McClung
Late fee
HI BP,I was thinking through a hypothetical late fee situation and wanted to get your input. Our lease agreement says that we charge a late fee if rent is past due. A tenant paid past that date and our late fee is app...
April Na
Starting Lease on a Prorated Date
Hello,Would it be fair if I where to charge a prorated amount for March 30th and 31st while also starting the lease on March 30th with a termination date of March 30th the following year on a 12-month lease?
Justin Hannah
0% Interest on owner Financing?!?!?!?!
So recently i have been contacting owners directly in one of my markets, Boise area (whole treasure valley), i have been targeting small multi family 5-24 units. the thing about this market, like many others now is t...
Jimmy O'Connor
Section 8 Shutout: Philadelphia Landlords' Refusal to Rent
The mayor just signed off on legislation to that is aimed at tackling the issue of discrimination against households that use tenant-based vouchers, also known as Section 8 vouchers, to pay for their housing. These v...
Tracy Cheetham
Lender pre-approved but won't grant mortgage.
Hi everyone, I'm in a hole. I'm self employed since 2016 and worked remotely. During the pandemic I took part-time W2 related project work to supplement the lost revenue during. During 2022 I focused on building my re...
Robyn Gersh
Self Directed IRA’s - disqualified parties
Hi All, I am looking to discuss who has used a self directed IRA to partner up with your own LLC to buy real estate. Can you rent your property to someone and then sublet it from them to get around the disqualificati...