Greg P.
Please help 4 plex
Hello, I am planning on purchasing a 4 plex and wondering if anyone could help me work the numbers. Purchasing on a Contract for deed. Purchase price $120k, 5.5% interest over 30 years. $7500 down. No Balloon. New ...
Brian Charles
Highly motivated seller
Ok guys so I need some advice on this potential deal. I have a highly motivated seller that lives in South Carolina but owns a investment property here in my area Long Island NY. It’s a 1 family split level ranch that...
Yuni Park
Tenant has another eviction ongoing
Hi again,I sent all my docs to lawyer office today to file eviction bad tenant.Staff just called and told bad tenant has another eviction ongoing.Anyone has this kind of experience?Tenant has two eviction similar time...
Gernot Bucheli
There’s a five plex in Juneau, AK for sale and I need some advise
The current owner needs to sell this property. He is asking $420k for it, has a outstanding VA loan on it for about $335k, and will take $370k minimum. I’m also VA qualified so I can assume the outstanding loan and ju...
Jim McConnell
Credit check worries
I have a potential tenant who turned in an application for my SFR. On the surface they appear to meet my requirements.....except for the credit...they have none, the response came back as N/A! Apparently they pay for ...
Maureen Santibañez
Collecting rent from tenants
How do y’all collect rent from tenants?Me and my family recently came across an ad that seem too good to be true. It was for a rental on Craigslist. 3bed 2.5 baths all bills paid except water with a security deposit o...
Davit Gharibyan
Applicant put a shelter as his current address
Hi,An applicant put a Salvation Army shelter as his address. I have called and verified that he lives there. According to them he had to take care of some financial responsibilities while there, now he is ready to tra...
Richard Mai
Exploring Co-Ownership of Property: Seeking Advice and Insights
Hello Biggerpockets Community, I'm currently considering a unique opportunity to go 50/50 on a property with a friend, and I'd love to hear your thoughts and experiences on this matter.Background:
My friend and I are...
Brent Ludwig
What rent discount do you give for paying a year in advance?
Help. I have a possible tenant that wants to pay a year in advance for her daughter who is in collage. Should I give her a discount on the rent or is this a bad idea,
Mark Robertson
.5% Vacancy Estimate ...Crazy??
A new crowdfunding deal (I will not name so I will not have to deals with lawyers etc., again) is for a fund to buy up 24 multifamily units located in Drexel Hill/Upper Darby, Pennsylvania. 12% preferred, then 60/40 s...