Jarrod D Day
Deal Analysis and Social Analysis
Hello all,
I'm a new investor and, after starting direct mail and text blast campaign, I've found a motivated seller. The story is, she is nearing retirement and wants to get rid of her property. I texted her actu...
Francis Figueroa
NWROI - Brandon Turner's Equation
Does anyone remember when Brandon Turner used NWROI in his house hacking book? I am curious about how he comes up with the number. . . . the formula goes NWROI = (cash flow & rent savings + loan paydown + apprecia...
Milan Villarreal
Seeking Strategy Help
Our situation: My wife and I have a 4bed 3bath house in the RGV with a pool and 2.5% interest rate. We have about 230k of equity in the house. But we likely will be moving in a year to San Antonio or Austin. We want t...
Esther Tama
Renting to college students : good, bad, ugly?
I'm an OOS investor currently looking into a duplex near a state university in Indiana. Tell me stories of the good, bad, ugly of marketing to/attracting college students? What should I be prepared for? How does it im...
Faith Woodward
Bought with cash, don't have enough left for big improvements
We recently bought a house that was built in 1950 and remodeled in the 70s for 78k cash. The market value for a house this size in this neighborhood that has been improved is around 135k and it needed about 4k for ba...
Joan Jensen
What is up with CA? Should I sell rental in Palm Desert, CA now?
I have heard of people in California leaving for greener pastures. I have tenants in the home, and wonder what are the guidelines for letting tenants know. How much time is required? Can I list it while they are st...
Andre Smith
eviction of a sibling
I bought a home for my mother and father to live in. My sister moved in about 5 months ago with her children. She did not have permission from me and i did not know until today. My mother kept it a secret because she ...
Kathleen Steele
Need help ejecting family member without lease who hasn't paid a.
Hi BP friends. I did the ultimate no no, my niece and her union plumber husband needs a place to stay in town, and I let them stay with me if he plumb my bathroom and does a little fixing up. Was specific in verbal fi...
O'Neil Mbakwe
Buying a home where a tenant refuses to leave.
So I recently got a home under contract in Waco, TX. Currently, the owner of the home rents it out to a tenant though there isn't a lease agreement. The seller informed the tenant that she was selling the home, but th...
Matt Amundson
Buying w/ tenants already in house?
Hey BiggerPockets Family!
I have a question about buying houses with tenants already in the house. I have an opportunity to buy a couple single family properties from an investor looking to sell. This investor curren...