Tamera Muniz
Anyone worked with BHG Financial or unsecured loans?
So I’ve recently been approved for a $30,000 unsecured loan with BHG financial. I was referred to them by someone in the Bigger Pockets forum due to the fact that they don’t report the loan to credit bureaus and would...
Ellen Seagul
Tenant stopped paying rent after notice to vacate
Hi, Looking for some advice on how to handle this situation. I recently purchased a multifamily home to Owner Occupy. I gave the current, who is month-to-month 90 days to vacate. She has stopped paying rent. Should I ...
Brian Plajer
Office/flex space purchase leaseback opportunity
Hello,I have some experience/confidence analyzing apartment buildings however, I have zero experience analyzing a building that is flex/office space. There is a company than needs cash and needs to get out of their fi...
Thomas Nance
Property Management 101
Hi BP community,I haven't had an eviction yet and have run into a situation. A mom and daughter were on a lease and have shown late payments since I signed them. The mother moved out at the beginning of the month and ...
Dianna Roberts
Frozen Pipes- Tenant without water
Hello,We own a multi unit building in Chicago and the temperature dropped over the weekend. This has caused some pipes in the basement to freeze and burst. Issue: tenant in basement unit is without water. We are activ...
Dan Kennerson
Questions about Section 42 Existing apartments for sale
Hey BP!I'm looking at an apartment building in a decent area (B/C class but well maintained, clean, and friendly small-ish town) and I'm trying to find the catch. I found this BP post which led me to this document, wh...
Earl McKetty
Business Credit cards and Commercial accounts
We’re currently strategizing on how to best establish business lines of credits for our LLC. Cameron’s Legacy LLC has completed one fix and flip in Brooklyn NY, manages a 1BR short stay and wholesaling operation in Mi...
Therese V.
Calculating Capital Gains When No Ordinary Income
Someone I know bought a property in the 70s to use as a second home. They did this and then turned it in to a rental, self-managed, after a number of years. They never took depreciation on the property for whatever re...
Anna Markowski
2nd Loan/Purchase Fast
I recently purchased my first building, a 4 unit that I live in, in Chicago with a Fannie loan at 5% down. A part of the building is going through a renovation and that triggered some old mental health issues with a m...
Joe DeVico
Propstream or Batchleads?
Hello all, I have been using propstream for a little bit now. Im looking for a text service for SMS blasting, I know batch leads has that specific service attached to the site. just looking for some opinions on which ...