Charles Heuer
Phoenix, AZ region viable for house hacking?
I currently live in Philadelphia, PA and my goal within the next 2-3 years is to relocate to Phoenix, AZ. I am interested in achieving some level of financial independence with "house hacking," which seems entirely do...
Abhilash Joseph
Tenant had a Heart attack
What are the options and advice for a landlord who has a tenant who states that she has had a heart attack, and she is already late on 2 month's rent. Assuming she's stating the truth, and giving her the benefit of be...
Heather Nunn
Month to month vs 12 month lease? Which is better?
My husband and I bought of first duplex. We went back and forth on leasing options, but decided to go with a month to month contract for our first tenants. Which contract option is better - month to month or a 12 mon...
Steven J.
Bankrupt owner, can I still help or is it too late?
I saw at duplex today that I've been spying and upon arrival my realtor informed me the owners are going through a bankruptcy. Being on the market 100+ days it looks like the sale of the property would have helped ...
Trenton Hall
LL evicting tenant, but my vending machine is inside!
Hey Biggerpockets,I have a service contract with a tenant, who was served an abatement warrant. For those unfamiliar with abatement warrants, the city puts it's own locks on the property for a period of time to stop t...
Ryan Gillis
Does this contract look okay (contingencies in particular)?
REAL ESTATE PURCHASE AGREEMENTThis Agreement shall become a binding contract between Buyer and Seller effective as of the Sellers Acceptance Date.General Information. The following capitalized terms and phrases have ...
John Mireles
Walking Away from an SBA Loan?
Has anyone here ever defaulted on an SBA 504 loan. How is it dealing with Colson's Servicing? Did they attempt to enforce the personal guarantee? Was bankruptcy required?
How about a short sale? How was that handled?...
Ariele Aaron
$380K in equity - first time investment question
Hello! I bought my first property in 2011 for $230k for 0 down using the VA loan. For the last 7 years, I’ve rented it out so when I sell it I will have a significant amount of capital gains tax. The property tripled ...
Richmond Taylor
HELP! Buyers want to close all cash bc lender can’t perform
Hello... please help. Closing is next week and buyers have requested an extension. Sellers refused to extend for a number of reasons. Buyers are now stating they will pay all cash at closing since their lender can’t p...
Pixel Rogue
Land-lording exit plan
Hello everyone,
Looking for a thoughtful exit plan from land-lording. Been at this business for 20 years and there is more to life than wearing maintenance and cleaner hats al the time. This was originally a 5 year p...