It's May 1, and I wasn't sure exactly how the rents would all shakedown. All of my passive investments, Airbnb and multifamily, are hanging in very well. All my other tenants paid. I do have one that is out of work ...
Do you ever let good tenants (keep units in good shape, get along with people etc) fall behind in rent without doing evictions when you have many units? For instance the cost of a turnover usually is a few thousand, ...
Hi everyone, I'm new here! Quick intro: I'm 26M, and have been trading in the stock market for a while now and am looking to (1) generate nontrivial monthly cash flow and (2) diversify some of my money out of the stoc...
How does earnest money deposits works? As I was reading, I saw that when dealing with new buyers many wholesalers had made the buyers pay an earnest money deposit. Is this a recommended practice? Why? How much do I as...
I am really touched by all the help I get from the BP community. I’d like to write down my experiences after purchasing 2 rentals from Roofstock. Hopefully, it’s useful, and that someone, somewhere will benefit from i...
I’m a 21-year active duty military guy who started renting my home after being transferred out-of-state. The home is in Anchorage, Alaska and I live in Atlanta. In 2014, I began doing short term rentals from May-Augus...
So I am buying a property through a wholesaler, I already put down 7k of earnest money on the property, a hard money lender who I am working with (and got from the bigger pockets lists) asked for a "Good Faith Deposit...
Hey everyone! So for the past years I have been educating myself with RE strategies such as the BRRRR method, Fix/Flip, Commercial, and now Wholesale. Given the state, location (Chicago) and mental, that I am in, I wa...
I've been an Real Estate Investor for 10+ years...I've had my Realtor License for 2 years. I'm always wearing two hats and sometimes they get confused. Since I've had my license I haven't bought a property for myself....
I purchased a "mostly" cosmetic fixer upper to live in for the next 12-18 months. The entire house needs a makeover and a few fixes. I am not handy in the least, nor does my W2 job allow me the time to do the work my...