Geo Tan
Who do your tenants write their checks to for rent?
Hello BiggerPockets family,I am currently in escrow for my first multiunit so I am finally able to join in on this side of the forums.I was just curious to how most of you fellow investors would setup the basics in be...
Aljawaun Golden
QUESTION: BRRRR Strategy on MFH
Good Morning everyone!Question that I have today is;If I BRRRR a Duplex or Triplex with money I borrowed from a Private investor.Once I pay off the private investor and get my money out. I would still be responsible f...
Patrick Flanagan
Buying land and building a liveable shop
Good morning, I was just curious if anyone else has done this. So I’d like a buy a piece of land a build a liveable shop on it, While At a later time I build my house.Is it possible to get a construction loan that tie...
Nick Larsson
How to maximize rental income, include adu or not
I have a 1000 sf 2br/1ba house that needs serious tlc in upscale neighborhood. I'm interested in maximizing rental income and would like to know if rebuilding the existing house to 2 story 3br 3ba 2000sf and adding 80...
Shawn Luke
How do I buy homes with a friend?
Hi everyone,My friend and I would like to start purchasing single family homes as rental properties. I'm struggling to understand how to start this process. I read about LLC's, and how its difficult for it to obtain l...
Eric Jones
How to Calculate Payoff and Arrears on Non-Performing Note
Hello,I'm currently doing due diligence on a non-performing junior lien that has gone unpaid for about 5 years. I know the unpaid principal balance, interest rate, and monthly payment but the arrearages and payoff amo...
Chris Sones
Denying applicants?
Are you suppose to send a letter after you have reviewed an application and you find that the applicant isn't suited for a rental? If so I'm wondering about what things are acceptable to deny an applicant. Obvious rea...
Alain Nguyen
Buy my own flip
Good morning fellow BPers,This will be my first question on BP (please be gentle).I'm new to REI and I'm currently building my rehab team. Very confident that I will rehab my first home this year! (exciting)Here is my...
Alexander Kleyman
City assessed value/taxes went up 2x is it legal?
Hey BP just just got a 2021 Notice of Assessment for a property I closed on in Nov 2020. The city states that taxable value went from $23126 to $40100. Taxes are now increased by an additional $1585 a year ($132/month...
Susan Flowers
Who has purchased a tax sale property?
I'm interested in knowing more about tax sales.Has anyone purchased at a tax sale? In what state? Was it a great price? Was it difficult?Can anyone give me some insight on tax sales and where I can learn more about ta...