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Results (10,000+)
Nate McCarthy How to approach landlord about buying their rental?
13 January 2025 | 12 replies
This could be an opportunity to add value by offering to help with clearing or relocating those items as part of any potential agreement.Why This Could Be a Good Move for YouYou see long-term potential in the property, especially with the large lot and development possibilities (even if those are years down the line).As the current tenants, you have the advantage of a direct relationship with the landlord and familiarity with the property, reducing competition and risk.This could be a chance to lock in a property that you might otherwise lose if it hit the open market, especially in today’s competitive environment.Challenges to ConsiderIf the landlord is emotionally tied to the property or reliant on rental income, they may be reluctant to sell.Financing could be tricky, especially with today’s interest rates and the gap between the current rent and what a conventional loan might cost.The development potential you’re interested in is likely a long-term play, which means the property could be financially tight in the short term, especially if you’re only breaking even or slightly negative on cash flow.Structuring a Potential DealTo make this feasible, you’ll likely need to explore creative financing options that align with both your financial capacity and the landlord’s goals.Seller Financing: Propose a deal where the landlord acts as the lender, allowing you to make monthly payments directly to them.
Sunny Wu Tenant wants to break lease 8 months early
6 January 2025 | 6 replies
I do not use a property management service to advertise and have always used Zillow to advertise, previous references, housing records, credit checks etc
Anna Nickens Advice for a Newbie
9 January 2025 | 4 replies
Keep adding to your notes and refer to them from time to time.
Ryan McKay The Next Deal...
29 December 2024 | 24 replies
If I scale to a point where I no longer have time and have to outsource, that line item is already accounted for and the property will still be profitable.  
Tim W. Invest for Cash Flow or Appreciation- Which do you favor more?
22 December 2024 | 7 replies
As expenses fluctuate (property taxes, insurance, maintenance items, etc), the cash flow will be up and down and unreliable.
Caitlyn Drapeau Best skip tracing services?
18 January 2025 | 15 replies
You say "skip tracing is outdated" but only make a vague reference to "creating your own leads".
Benjamin Blunt How do you find Off-Market Properties?
18 January 2025 | 21 replies
.), and anything else that is important to them.Ask follow-up questions to dig deeper and learn more (without being too intrusive) then jot down any relevant notes so that you can reference them down the line during your follow-up calls.
Christopher Lynch What Is The Best Way to Start Flipping Houses and Raise Capital?
16 January 2025 | 10 replies
Most new construction deals require you to give up to a 10-year warranty on some items while most fix and flips come with very little extended liability after the sale excluding gross negligence which is not stopped by an LLC in any case.
Chris Seveney Is it really this bad with syndicators?
16 January 2025 | 19 replies
Are you referring to personal losses or other people had losses?
Tannia Castro New to Rental Property Investing
16 January 2025 | 9 replies
@Tannia CastroRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.