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A friend of mine was instructed by his mortgage lender to close on a property in his name to get a better rate. After closing he transferred the property to an LLC owned by himself and 2 partners. Now he is having iss...
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It seems about 90% of my inquiries on a rental include a “ I have one or more ESO’s”. It used to be a trickle here and there, but now it’s just about everyone. It’s more the college age crowd where everyone has an ESO...
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Me and my partner have struggled finding our first property to rehab here in the Miami/Broward area in South Florida.1. We started looking for REOs in the MLS but found prices kind of high and a lot of competition fro...
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Hey everyone! My name is Mark Lucas and I moved to Colorado Springs about 6 weeks ago. I am active-duty military and I am interested in investing on the side for the long term. My main interest is buy-and-hold and I w...
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I'm here to learn, looking for advice, tips, wisdom, and maybe to offer the same to those who may be even newer than I. I purchased my first 2 investment properties (both buy 'n holds in the Austin Area) this year. ...
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Has anyone had any experience with tenants trying to airbnb while they are gone for the weekend etc? Or has anyone put terms in the lease to prevent it?
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Hello BP Family! I've made some progress and wanted to share. I just created a LLC in PA. I'll be looking at Philadelphia, Bethlehem and Allentown areas. Although, I am not too familiar with those areas, I will be doi...
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Background
- Location: Bay Area Peninsula
- House Price: ~$1M, Mortgage $700k
- Rent with similar square footage: $4000/month
Running the number, it looks like it marginally break-even.
But I re...
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PLEASE let me make my disclaimer on what BP is and is not: Bigger Pockets, not, Being Political. So, my intent is not to whatsoever divulge into party favorites, but, there is some context as to how politics could a...
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Hey everyone, I was hoping to get some guidance here. I have a tenant that is about 5 months into a 12 month lease. She just requested that we cancel her lease, because she had a divorce finalized and now she says tha...