I have been getting prepared to present a seller financing package but I am unsure concerning taxes and the balloon payment. Will the seller have to pay taxes on the balloon payment? If they sell the property in form ...

Hello, I have 3 properties that I've owned for 3 years and recently added a package of 5 that gave me 8 total. They're all paid off and the value is give or take $400-450k. The total rents generated will be $6300/mont...

I'm looking at a place that will bring in ~950/month after mortgage, taxes, PMI, home insurance and water/sewage.Fully occupied with long term tenants, and no major outstanding maintenance that needs to be done. Would...

I was looking at one property that the realtor claimed to have a 24% commission to sell. The property was listed under $30,000. There was nothing special (bad or good) about the property. Just another average lot with...

You want to get started in real estate but not sure where to begin? I brainstormed a list and added summaries to each point. I ranked this list in terms of difficulty which I'm defining as the big 3: Time, capital and...

I've been getting email from Toledo REIA regarding how all "rental" homes need to be in compliance with lead.  What does this mean for rentals in Toledo?This legislation will require: “the presence of deteriorated pai...

I'm having a hard time finding an insurance company that provides GL and Error and Omission insurance for wholesaling. Does anyone recommend a provider?

Hello, My question is regarding breaking a lease in California and tenant rights. Situation :Tenant breaks a lease 3 months early. Tenant lived there one year, renewed the lease for a second, but then closed on a hous...

Hi Bigger Pockets communityI have 1 rental so far and was wondering what would be the best management software to use as I begin this journey.I currently have a property managing company in place and I want to get rid...

I am planning to secure my first DSCR loan.  I have a property in mind that is 350k. The lender sent me the following options (attached photo).  I am a little bit confused on why the monthly payment is so little? For ...