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If tomorrow you suddenly had around $300,000 cash, would you:Try to purchase several $50,000 homes and rent them out?Purchase a couple $100,000 homes and rent them?Buy fix and flips and rentals using the banks money?I...
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Hi All,I have just find out that my offer is accepted for a multi family home. This triplex home is fully occupied with tenants. The leases are month to month and 2 of the tenants seems to be long term tenants (10 yea...
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Hello,I have a new tenant (single mother) moved in last month 9/1/16 paid 1st month rent and SD. I gave option to pay last month rent in 2 payments 10/1/16 and 11/1/16. Late fee $150 till 1st till 15th of the month. O...
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I bought in the Phoenix market in 2010, so I have some good equity (about 50K, based on a BPO) in my home and I want to draw it out to partner with someone to flip a property. I feel like now is the time, but I am to...
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Just closed two duplex' yesterday that are fully occupied. I don't know much about the tenants except what the disclosures stated. I want to put all tenants in the best situation to succeed in the property. Two are mo...
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Hello all!,
My name is Jess and I'm from central Illinois. I stumbled across biggerpockets forum while doing some research on real estate investment, and was very impressed with the wide range of professional...
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I am preparing my primary residence to become a rental within the next year. This weekend I discovered that my water heater is leaking. After searching online it seems that the Rheem at HD for $404 would be a good o...
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Hello, as most of you, I'm inspired by what real estate can do and I'm hoping to get myself into for my family.
My situation: I'm currently in school, no job. My husband has a w2 job and we own our primary residence...
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I keep going back and forth on what we should do so I wanted to through this out there for thoughts. Situation:Multi-family with radiators in each room. They are in fairly good shape but could use a paint job. The boi...
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Hello everybody! My name is Jessica.
A bit about me: I'm in my mid 20's and currently self employed. My business has allowed me to increase my income dramatically from a few years ago, but feels very unstable in the ...