Lucas Allmon
New investor to the Los Angeles beast.
Hello all,I'm a software engineer in Los Angeles, and have been an aspiring investor for about 10 years, ever since I read Rich Dad Poor Dad and the deal was sealed since I played Cashflow in 2007. In that time I have...
Yuval S.
What would you do with $2 Million cash, good credit?
Hello
A buddy of mine with little income has inherited $2 million.
what would be some good moves in terms of investing it all in real estate?
Do you think it would be a good idea or even possible use the money as a ...
Ladan Ballai
Previous Owner didn't include actual lease, only Estoppel...
Title doesn't do much justice, sorry!tl;dr The previous owners were terrible landlord's and lost the lease. During the sale of the house, they "made up" a lease and Estoppel that forgot to mention that they collected ...
Maxwell Milholland
Is a negative cash flow property NOT an asset?
Hello Bigger Pockets community!
I've read enough books at this point to have a pretty basic grasp on the fundamentals of real estate. One principle that comes up time and time again is cash flow. There seems to be a c...
Jeff Something
Why do so many real estate people show their pictures?
I was at a coffee shop the other day with a very good friend, and she was flipping through one of the local weekly papers, and she asked why so many brokers put their pictures in their ads. I couldn't offer any good i...
Jack B.
Would you rent to this person with a past bankruptcy?
They didn't mention it on the phone, only mentioned that they went down to "Zero" when the real estate bubble burst a few years ago.He gave me a detailed run down of his story (of course it's difficult to verify any o...
Maxim S.
Investing in SE Michigan (Detroit, Ann Arbor) and suburbs
Hi Everyone,
I am in the following situation: I work in Ann Arbor, MI, have a stable job in IT and everything is fine, have family with kids. I pay about $2300 in rent monthly and plan to spend about 2-2.5 years in ...
Mark S.
Property Management, Inc. (PMI)
Has anyone had much experience with a property management company called Property Management, Inc.? It appears to be a franchise and there's one in my local market.
As a new investor (have yet to acquire my first r...
Pyrrha Rivers
Tenants with non-traditional income sources please help!
I'm brand new to the tenant screening experience and would like your feedback on a pair of prospects who came to my last showing.During the conversation, the two young ladies mentioned they have been roommates for yea...
Tammy Harper
Utah 4-Plex, inspector says polybutylene plumbing is a nightmare
We are under contract to purchase a 4-Plex in Utah. I set up an appointment with an inspector and told him the structure was built in 1996. He told me that it probably has polybutylene plumbing and per his opinion, ...