John T.
Owner Financing - Is interest a good idea?
Hello BP Community!I'm considering offering owner financing on one of my properties. Property is worth 135K and is free and clear. I want to offer a 5 year note on it to a potential buyer. I've already spoken with ...
Tetra Gershwin
Doing real estate on the side
Numerous friends of mine are eager to dabble in real estate but they are unwilling to give up their day jobs. Though I assure them that it is ok to start small, minor fixers to flip, or buy inexpensive properties to ...
Sam Kay
Multiple Recurrent Leaks - Need advice on pivot strategies.
Hello BP fam,Need some advice. Purchased a 3 fam in Jan 2024 built in 2016 in an appreciating expensive market across the Hudson River from Manhattan NY. 2 units were vacant on acquisition and completed rehab in July,...
Ryan Anders
Newb to STR in Houston Market
Hello BiggerPockets Community!I am reposting something I sent to the general starting-out community because it is specifically about STR. I figured I would get better responses here:I am deeply appreciative of the wea...
Susan H.
Applicant with Service Dog: What to Ask?
Prospective tenant has two tiny dogs and a German Shepard service dog. I've advertised the property as pet-friendly and accept 2 pets (dogs, cats, or dog and cat) with the usual vaccinations, etc. I know the GS doesn'...
Wesley W.
Prospective Tenants, Application Submission & Deposit To Hold
Hi All,As I continue to try and sharpen my RE game, I am going to solicit feedback on how people handle prospective tenants and the application process.Here's what I do, and I'm wondering if there is a better way:Pros...
Paul Winka
Feels like competing against McDonalds with a hamburger stand!
I need some encouragement. After taking in many the forum posts, blogs, articles, advice, podcasts that this site has to offer in the last couple of weeks, I must say I am a bit intimidated by whether or not I’ll be s...
Armand Soto
Adding a Tenant with a DUI on Record
My wife and I purchased a 2 flat a year and a half ago and we currently live in one unit while renting the other out. I have a great tenant that has never been late on rent in the 1.5 years that she has been my tenan...
Josh Jensen
On the fence regarding a REI ..
I'm data driven, and would like to make the decision to purchase another property based on numbers (verses a 'gut feeling'). While I know it's a great time to purchase an investment property, I'm unsure if I'm in fina...
Chris Mandle
New owner raising rent
Just acquired my first REI. 3 plex in a C neighborhood and I would like to raise rent. Each unit is occupied and they are all on month to month. I was thinking of sending them a notice that in 3 months rent will be in...