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Results (419)
Stephen McGrath Cash out Refinance issues
19 June 2021 | 7 replies

Hello BP Community,I have a little issue here. I recently sold a rental property that was not cash flowing and purchased a duplex in Texas. The idea was purchase cash, then cash out refinance with the attempts to pull...

Huggy Baird How I plan to compete with wall street
12 January 2013 | 7 replies

As you all know, wall street is moving in on our turf. Thought I'd share my plan to stay alive:

1. Convert multi-family to single family dwellings. In my particular region there exists a large double (up/down) hous...

Michael Archard Real Estate Commission: 4% vs 5% vs 6%
7 November 2020 | 6 replies

I have always offered 4% agent commission on the sales of my flips and personal residences (7 deals and counting) and have been able to get over asking price on 5 out of the 7. I have been told by a few real estate ag...

Steve Janiak 1031 or keep raise rent
24 July 2017 | 9 replies

I'm new to bigger pockets and I've done well buying rentals by luck back in 2011-2104 when the market was down. I own a rental in Gulfport FL and owe 130K with 30 year fixed 4.5% and its worth 200-250K. Current tenant...

Tony Butler Putting my residence up for rent
14 September 2007 | 4 replies

Hello all, I am writing this post to ask those with some expierience what do you think about putting my personal residence up for rent, and buy another home to live in. I would have approx. $200 in positive cash flow ...

Matthew Newcomer Existing Leases in an Apartment Building
19 April 2017 | 8 replies

Hey BP community.  I'm doing my due diligence on a 9-unit building in Baltimore, MD and one of the items we asked for from the listing agent is the current leases for the tenants living in the building today.  He repl...

Dylan B. Inheriting tenants on multi-family purchase
17 August 2017 | 9 replies

Hello all, I am currently under contract to purchase two duplexes that sit next to each other, total of 4 units.  I have made several deals over the years, however all the properties were vacant and I was able to plac...

David Campbell Never invest in a cashflow negative property?
9 October 2021 | 52 replies

I invested in a property in property in San Diego in 2015, whose numbers were indicating it was going to be cashflow negative by a couple hundred dollars per month. I was a little surprised at the near universal advic...

Mike Palmer Are broken fridge water lever and carpet stretching normal wear and tear?
26 May 2015 | 10 replies

I have a tenant that broke the fridge water lever off. Like the part where you press with the cup to get the water to shoot out, broken clean off. You can stick your finger up in the hole and pull on it and still get ...

Kyle Nacci Is it worth it to file a loss of rental income claim?
25 August 2020 | 17 replies

My wife and I own a multifamily and submitted a claim to our insurance company (Vermont Mutual) for a roof leak in May of last year. We've experienced frustrating delays throughout this entire process, and while we've...