Edita D.
Tenant owes us 3700$ with intention to file for bankruptcy.
Hey there guys!We forwarded 3700$ balance due to our former tenant, however most likely tenant won't pay as he mentioned on the phone he will be filing for bankruptcy. Our property is located in Lubbock, TX and tenant...
Vanessa Chelmis
Trying to buy a 4plex...is it worth it?
My husband and I just got an offer accepted for a 4 plex. It was originally listed at $330K...dropped to $299K and is now selling to us for $285K. I don't know the actual value of the 4plex as we have not had the ap...
Aydin F.
Converting a property with personal mortgage to an LLC.
Hi, I had two questions regarding the process of converting a personal property with a personal mortgage attached to it to an LLC. After communications with a lawyer and the mortgage lender we are in the following sit...
Montell Johnson
Looking for landlording steps from A to Z
I expect to purchase my first tenant occupied rental property ( out of state) before year's end so I'm looking for information on landlording. Ideally after I purchase how do you introduce yourself to tenants, collect...
Tyler Carter
Moving Properties to an LLC?
Hello, I have several long-term rentals that are all currently in my name. They all have mortgages in my name as well. I keep hearing it is smart to "move" these to a LLC, but how exactly do I do that? I know how ...
Brian H.
Help with quad analysis
I have an accepted offer on a quad in Louisville. I thought I'd done a good bit of due diligence prior to the offer but since getting the property under contract I'm getting cold feet. I'll explain why in a moment, bu...
Greg DeFeyter
AZ Networking: CPA & Lenders
Good Afternoon!I am looking to throw my REI business into the next level. Currently I have one cash flowing property that was my primary residence until last April 2021 when i began renting it out. I am looking to pur...
Stephon C.
Condos: Are they good first investments for a young family
My wife and I are considering using capital from a home sale to put a down payment on a condo with the idea of renting it out in a few years.
We have a young family so we're not 100% trill with the idea of buy a fix...
Jason Boyer
Hello from Kansas
Hello everyone, my wife and I are from Salina, Kansas. We are in the beginning stages of starting off with REI. We own our own home but hopefully plan to purchase our first unit by the end of the year. Right now, w...
Janice H.
Newbie looking for advice in regards to getting started
Hello BP community,My husband and I got interested in REI after listening to Rich Dad Poor Dad. Over the last month we found Bigger Pockets and have been building our knowledge base listening to podcasts, reading pos...