Hey BP family can anyone explain the meaning of a step down pre payment as well as yield maintenance and how an investor should look at and evaluate both when looking for a Fannie Mae loan or a recourse(bank) loan.
Good Morning BiggerPockets, I am thrilled to write down my first post as I have finally decided to take my landlord business more serious.
My questions is one that would make sense and I would be able to answer mysel...
So I bought a home in Hawaii in 2005, rented it out from 2011 until this summer and sold it when my family moved to Lexington, VA. Thought that doing a 1031 made the most sense, but in the end felt kind of pressured t...
Hi all,I just wanted to introduce myself to the community and give a little introduction. I am 27 years old, just finished my exams to become a Chartered Professional Accountant in Canada. I have been so focused in co...
What are the best metrics to evaluate a property's success? ROA? ROI? ROE? If so, what is considered good?I'm running numbers on a perspective investment and I thought that >20% ROI would be considered highly succ...
I am trying to find my first deal. But I am really having a hard time. I live in Portland Oregon and I cant make any of the numbers work out. I recently found a quadplex in a small college town in Washington for $500,...
I am making minor upgrades to attract a little higher rent price as the price has increased since I last rented this sf home. I am changing faucets, blinds and would like to replace SS kitchen sink which was there ...
The sticky on the otp list several ways to locate foreclosures but i was curious from the members which sites and methods have worked best for them. I have found several websites that provide this service for a fee a...
I've been using State Auto for my Landlord policy which is due for renewal in January. State Auto sent me a note that they are no longer covering these types of policies but Safeco would be happy to sell me a policy f...
I am 18 with no credit score. My dad is against me getting a credit card knowing the high interest rates it can cause. Is there a way to build your credit score without a credit card? The reason why I want a good cred...