Hey Guys,The name of the game has always been leverage for me. Building wealth can absolutely be accomplished by using credit, OPM, etc. Every now and then, I come across that investor who buys his properties all cash...
I have an ethical question related to making an owner financing offer. Here is the offer I am considering making with theoretical numbers to get everyone's feedback on:The owner would like to sell the property for $1...
I would like to hear from investors who started in 06-07. Are you guys out there? What did you do in terms of investment strategies that protected you from the recession?
Hi BP. My husband and I own a fourplex and our neighbor/tenant has been paying rent later and later each month since she signed her lease in May. She is honestly not someone we would have rented to if we'd had control...
Call me old fashion, but I need to be able to drive by my properties occasionally as well as have the ability to pound on the door for my rent when it is late.
I have had 2 customer calls this week from people out of...
I was doing a little bit of reading up on the BRRR strategy blog post by Brandon Turner here on BiggerPockets. I'm slightly confused on the refinancing aspect of the strategy. I'll use his example to demonstrate:Let's...
I have a belligerant tenant whose lease expires June 30th. He sent me this message. in response to the lease renewal letter I sent him. "you cant legally ask me to pay 1/3 of the electric in an illegal apt. not leavi...
I'll start by saying: I know I'm too soft on the tenants. We have a late fee in our lease of $25 for rents that run 1100-1200 per month but it's a one-time fee no matter how late they are. I also have a bad habit of f...