I am trying to get a clearer shorthand of real estate development.For the purposes of this discussion, imagine there is a parcel of land that a developer sees as potential for a housing tract. The developer has also o...
I've owned 3 properties - 1 foreclosure - 1 extensive rehab - 1 new construction (model) I picked up. Just own the rehab & Have 3 roommates that pay rent.
Everyone always asks how to get started. I am at the wha...
Hi guys,
We often hear in the podcasts folks with large portfolios using property management software to offload on bookkeeping and admin tasks. How about packages for 1-5 units? Is there anything out there afforda...
Does anyone use an option contract for a subject-to deal? If so, can anyone share an example with one filled out?
Okay, I've got to admit, Bigger Pockets is a bit biased when it comes to tenant discussions. This is a site full of landlords/investors so the bias is understandable but don't you wonder what would be said if there wa...
I recently sold my home and have the liquid cash in my savings. My plan was to live off of the money now that I have downsized. My problem is that I will probably outlive that money. This is exactly why I want to get ...
I was at a local REIA a couple nights ago and one of the people that attends regularly is a MLO here in town . Dodd Frank got brought up by him, even though he called it Frank Dodd, :/ and he said that when trying...
I had an inquiry for one of my rentals about leasing to a company. The company is a healthcare training provider that sends instructors to my area throughout the year. They would abide by my maximum occupancy rules,...
Bought my first rental (5plex) in June. Last week had a tenant (that came with the building) decided he wants to move to Florida with 7 months left in his lease. Asked if someone could take over his lease or be added ...
Looking for advice from any mortgage professionals.. I need to get out of a purchase contract which is only subject to a financing contingency at this point. I basically changed my mind due to recent personal life de...