So, recently my wife and I made an offer on our first income producing property. It was something that we had been wanting to do for a long period of time, but in April of 2013 we had a baby and between medical b...
I talked to my friend the other day and he told me his landlord owns 230 properties. I understand if your a millionaire it would be quite easy to attain such an amount as that. But if you weren't a millionaire, is ...
Today I was informed the seller on a short sale I had been waiting 4 months for, will not sign the approval from the lender. It was a good deal for him, no deficiency or promissory note, just sign and walk away. Norm...
I am in NYC, have an elderly tenant that should be in a nursing home but refuses to go. He is alone, no family and a handful of friends that check in on him occasionally. I have been trying to get him social service...
As an investor and lender, I see that a lot of people are not familiar with DSCR loan. Its a great program, specially self-employed people, which often find it difficult to get qualified for a mortgage. So I decided t...
Hey guys,Sorry for a dumb question.I am not sure who am I looking for, an accountant or paralegal?I need to make sure I am not doing anything that will pierce the corporate veil and put my LLC and other assets in jeop...
Hello BP!
I've been doing some research for rental property insurance policies and see that USAA has some very competitive rates with good coverage. Has anyone had any experience with this policy or advice?
Thanks!
I've been a member of biggerpockets for a few years but recently decided to become more active and engaging. Too my surprise there are a lot of paper pushers and number crunchers with little or no knowledge of inner-c...
I was looking for a title company in my area that will allow investors to get paid assignment fees. I only heard of one title company from the local REIA that I thought I would allow assignments. I called them up and ...
Lets say I wanted to start and investment company where I purchased homes and rented them out for cash flow with opm and gave them a return on their investment. Is this possible? Has anyone else had experience doing t...