Daniel E.
Borrower Fighting Foreclosure: Part 2 - Mediation Request
Borrower has now requested mediation. What should I expect with this?We have long been proponents of renegotiating the mortgage. But the delinquent property taxes are too high.Borrower's take-home pay is ~ $1,500 - $2...
Thomas Burnett
Recipe for Wholesale Success (short and sweet)
Investment Info:
Single-family residence wholesale investment.
Purchase price: $186,000
Cash invested: $4,000
Sale price: $215,000
Purchased wholesale course for $1000. Followed course, and sent ...
Wendy Patton
BRRRR-.. Why such a rage now? BEWARE!
Okay, I am hearing some fairly experienced (but maybe experienced since the last downturn) saying that they are loading up right now on BRRRR deals. Sorry, but I don't get it right now. So i would love some explana...
Laleh Omaraie
Figuring out true occupancy rates
I am looking at a condo in a resort area that has the potential to be a good deal with the right occupancy rate. I’ve confirmed the nightly rate, which averages out to be $135 per night. This has been confirmed by mul...
Logan Loughmiller
Different inspector than realtor suggests?
A realtor I took a course from in college always impressed upon us to use an inspector you hire and not the one your realtor suggests. That there is too much room for a conflict of interest. Thoughts? Is this a positi...
McKenna Garcia
Newbie From Utah with a Plan
Hello Bigger Pockets! I'm McKenna Garcia from Layton, Utah. I'm a tech at a lab in Salt Lake, and I'm most of the way through school for microbiology. My husband is an electrical engineer weeks away from finishing his...
Chaim Tarkieltaub
Short Term Rental Self Management
Hi BP Fam!
I'm starting to self manage my STR and had a few questions:
1) Should I have my own guest agreement aside from Airbnb/VRBO etc.... guest agreement? If yes, where can I find a template and how/when do I ha...
Brandon Smith
Need Owner Financing Advice (Im the owner)
Hi Bigger Pockets Family,I need your expertise. I have a house in Fort Worth Texas, that I am trying to sell, but it is not selling the way I would want it to (beautiful house in transitional neighborhood). I am think...
Kevin Norgaard
Can I not show up to Final Orientation?
I bought 2 new construction homes during COVID with M/I Homes and was able to do both pre-drywall and final orientation virtually while my agent attended in person.Now, I’m investing out-of-state again with Mungo Home...
Tim Yang
Why is Vacancy considered a cost?
In the rental calculator here, you factor in vacancy as an additional cost in owning a rental. I have been just automatically putting in percentages just to do the calculations without a second thought but I just rea...