Sean Harris
Pulling out 401k money for investing
During this whole Covid19 epidemic my 401k investment firm is offering that they will waive the early 15% penalty to pull out up to 100k with no payback. I know there will be taxes due in doing so but I have never see...
Jason Avila
Thrift savings plan loan
I am coming up 20 years in the Army. Preparing to retire. Have paid down all debt except 3 mortgages and one vehicle. The plan was to retire debt free with exception of the vehicle. With the current COVID pandemic, T...
Omar Johnson
The Real Estate Investors Guide To Dealing With Title Issues
A basic real estate contract stipulates that on or before a specified date the buyer agrees to bring cash for the purchase and the seller agrees to deliver clear title to prove that they have the right to sell the pro...
Edward Beard
Lease Option on a 3-Unit Complex (Negotiation)
Good Evening,
*Please Keep in mind this is my first Multi-Family Property, $5000 is the most I am comfortable playing with for right now*
I am currently in negotiations on a 3-Unit Complex (all units rented), bringi...
Tesho Akindele
Partnership Operating Agreement
My investing partner and I are in the process of creating a partnership operating agreement. We already have one deal lined up in Kansas City, and it is possible we will continue working together in the future. I woul...
Julio Gonzalez
How to Get Alerts When Someone Comments on Your Forum?
Is there a setting in BiggerPockets that gives you a notification when another BP member comments on a forum that you started? I have the box checked for "Notfiy me when a reply is posted" on the post itself, but this...
Michael Poloncic
Tenant breaking their lease
Three individuals signed a lease together, all friends, the lease is set up where each of them are expected to pay 1/3 of the rent. Two of them decided to move out in December without informing me. One of them acciden...
Tyler Brown
How would you handle wording this situation into a lease?
I have a single family home that's rented out to three college students. They're all on one lease, jointly and severally liable. They're Person A, Person B, and Person C.The lease is up on April 1st. I recently rea...
Lafi S.
How to lease option 2 family?
I came across a 2 family in which the owners are considering doing a lease option with me. If I do this, it would be my first lease option deal. I have read up on the basics of it and I understand how it all gets put ...
Ryan Stockman
Qualifications / Requirements
When meeting requirement such as income, do you go based on combined income of all applicants? Does it change based on relationship? For instance, do you require it differently for a Married couple as opposed to 2 fri...