Mario Morales
Do I need a Lawyer? Chicago
I recently purchased a mix use property, 1st floor commercial, 2nd & 3rd residential. I am fixing up the 3rd floor and we need to fix the electrical and some plumbing. I need to get to the electrical main panel in...
Ibrahim Yamini
OOS Investor Airbnb Question
I have a colleague at work who does not have to do much for money. She works simply to get out of the house and interact with people but she has two airbnbs and makes decent cash flow.
I asked her how she got starte...
Kwok Wong
Water Leaking from the AC Unit Above
Aloha, I recently purchased a studio in Honolulu, Waikiki. It's a low-rise, walk-up building. Two weeks ago, my tenant noticed that there was water coming down from the door and a bubble on the ceiling. Two weeks lat...
Andres Manco
When is the best time to open an LLC when investing?
Hi BP community,
I own a duplex since 2020 and just bought (01/2023) a SFR to fix and flip. I have both properties under my personal name.
In the last few months I have been trying to get more active into investing,...
Bryce Buss
Southern California investing
Hello BP friends, does anyone invest in Southern California? I’m traveling for work from Alaska and currently staying in Granada Hills area near LA. I’ve noticed many run down properties on my way to and from work in ...
Peter Schafer
Overfinancing a deal
If I want to purchase a residential investment property, let’s say for $250k. Can I take out a loan for $300k and pocket the $50k? I understand it’s a little unorthodox, but is it legal?
Mindy Jensen
Question about Hot Water and Habitability
Hey BiggerPocketeers!One of the ladies at BP HQ is experiencing an issue with her landlord. She has no hot water and has had none for 3 days.Her landlord is aware of the situation, she mentioned a gas leak in another ...
Patrick Spearman
Investment purchase... Warranty Deed... should I be worried???
Hello,
I ask this question because I come from the school where 'if it's too good to be true...it is'. So allow me to explain. I have this property in another state that my fiance' found for a really phenomenal price...
Brett McManus
Attempting to BRRRR in Small Market w/ Poor Comps
Hi BP, I have identified an up & coming submarket near my hometown with a clear increase in rental demand along with quite a few 2-4 unit multifamily properties with plenty of value add potential. The issue I am r...
Terry Royce
Contractor Damages Neighbors Property
Contractors damaged property on both sides our house (city) during a roof tearoff. The one house is vacant, but up for sale, and the other is minor. How are these things normally handled.
I am more worried about the ...