Chris Shepard
New Goal: Purchase 400 units this year
Hey all, My brother and I own and operate a small property management and construction company in Portland, Oregon. We've been in business about 5 years. We are also a licensed plumbing company and a licensed contra...
Carlos Enriquez
Seller lied about rent collected
Outlined for brevity.Recently bought a duplex. My first multi family investment transaction.Realtor used Form 21 Residential Real Estate Purchase and Sale Agreement.No clauses for requesting the pertinent financials ...
Mindy Jensen
How do you collect rent?
Hey hey hey BiggerPocketeers.I'm doing a bit of research for an article for the BiggerPockets Blog.How do you collect rent? Checks, Venmo, other software (please name names) or something else entirely?Please let me kn...
Elizabeth Roncevic
Is it necessary to understand math to be successful in RE?
One of the more confusing things for me with RE Investing is the math involved. I understand I can plug all the numbers into a calculator to analyze a deal, but there are so many parts that need to be analyzed and co...
Amie D.
Unpaid Tenant Sewer Bill
Hi all,
I received a notice from the City that the last tenant in one of my SFR's located in IN has not paid their last sewer bill and they have been unable to reach the tenant about this. I have 30 days to p...
Raphael Vargas
Lease Option Assigning??
Hello,
I'm very familiar with Wholesaling and Assignment of contracts.
With a Lease Purchase, would I simply get the property under a Lease Purchase contract with the owner and assign my rights?
T...
Richelle T.
Cash out options
Hi everyone
So I close on a property this Friday (yay!) and was thinking today about ways to refinance it. I will be paying cash. I have talked to a few banks and I have a few options:
1. Identify next property and ...
Jennie Berger
What's fair / the going rate for a Fiduciary?
Hi Y'all:We're in the stages of possibly transitioning away from our financial advisor at a large institution to a third party custodian and hiring a true Fiduciary. The one I'm considering right now is fee based only...
Account Closed
Have investor pay into LLC or directly company directly?
Hi everyone, I basically have a friend paying for an investment property which we will flip and then share the profit. My question is - do i have him pay into the LLC and then pay the title company from the LLC? Or ...
John Acklen
Conversation about Vacancy being "Healthy" for an Asset
I was having a conversation the other day with a good friend of mine who is in the development and asset management world about a property I'm interested in purchasing. The property is currently 100% occupied with se...