Hi,I'm planning to start snowball payment of mortgage on my 3 duplexes and after going through some previous posts saw the major disadvantage is an impending lawsuit from a tenant. Are there any statistics on this? Is...
Hey BP,
I would like your opinion on my financing options on a 4 unit property that is fully rented. I was originally planning to buy with a conventional 30yr mortgage, but then found out that I cannot use th...
Hi; I'm new in this business and I currently have 2 properties that I'm renovating to resale. I purchased the houses under my name. I have been told that I should open an LLC for each property. Is it too late for me t...
I'm living in California and I'm in the process of getting a rental that is out-of-state (OH, specifically). I just recently found out about the ridiculous CA Tax for a Foreign LLC operating/doing "business" in CA, wh...
I most likely will be moving a property into an LLC. Most likely the lender will notice the deed change and call the loan. This means I will have to pay it off. I can do that. But I don't want to have that much equity...
Hi BP. I'm newer to the site and have one deal under my belt (see more property info on my profile).It's cash flowing and now I've got the itch. I'm looking for my next 3 bed, 1-2 bath in the same area (N or 8 Mile, W...
Hi everyone,
So I own and self manage 9 doors and I am having an ongoing issue with one of my newer tenants. I usually acquire my own tenants but I handed the task over to a local agent for my most recent vacancy. I ...
Hi Guys and Gals, I just signed up tonight to bigger pockets. About six months back I was on the train coming home from work and got suggested a youtube video about "Evictions Gone Wrong " By James Wise Holton. I wat...
If you're old enough like my generation, we remember exactly where we were when President Kennedy was slain. I was standing in school in a hallway, a bridge walkover going to lunch. They turned on the PA and heard...