Spencer Coleman
For Sale by Owner, and Seller finance
Hi Bp, I’m a new investor and still learning quite a bit; I’ve been driving for dollars around my current neighborhood, and came across a home that is a for sale by owner and offering seller/owner finance. My question...
Timothy Boyd
First Rental Property - Northern Kentucky
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Williamstown.
Purchase price: $136,000
Cash invested: $2,500
Duplex built in 1999. 3 Bed/2.5 Bath on each side. The cash...
Christopher Bourland
Business owner looking for a career change to REI
Hello Bigger Pockets members, I am a business owner who is looking to transition away from my current "daily grind" into the world of REI. I have limited experience with real estate, a few home purchases and one comme...
James Erickson
I'm paying too much for water! Can I split water meters?
In 2015 I spent $16,742 on water for some of my rentals. There is only 1 water meter feeding multiple units so I cannot tell which unit is using how much. I can usually tell who may be using more water than the others...
Alexis Kennedy
Uncosign?
I have a question that I am afraid I know the answer to, but I am sure someone here on BiggerPockets may be able to enlighten me.
Over 4 years ago, a very close friend bought a rental property here in Reno. The rent...
Flora Granter
Potential tenant with breaking lease 2011
A potential tenant contacted me and was upfront that they have some credit issues including a broken lease in 2011. It happened when they have medical conditions and could not work enough hours. According to them, t...
Rob Beland
Seven Years since First Eviction in Massachusetts - Deadbeat tenant found
As some quick background, this was my first ever eviction and it happened about 7 years ago. It was a SFR and my tenant got behind on rent. I gave him some time, worked with him, took partial payments and broke most o...
Phil Bick
New Investor in Charlotte, NC
Hello,
I am very new to real estate, but have been reading a few books, blogs, and listening to the BP podcasts over the past few months. I bought a home last summer, and am currently renting out a room to a...
Molly Krief
How to construct a partnership deal?
Hi BP Family,I have an investor out of state, looking to invest with me. Now, he is not an expert about real estate investing although he had invested in other markets in the past. He is a far family member, so i know...
Sean Kelley
Commercial Loans - When does a property become a commercial loan?
Hi All-
I'm looking at multifamily and apartment buildings and wondering at what point would a commercial loan be "accepted." What I mean is, when it's a commercial loan the bank is looking more at the property and i...