Spenser Murphy
Hesitant to get a HELOC
I hope this is the right forum for this question. I'm just starting out in REI. I'm looking for solutions to acquire start up capital. My father is the only person I know with significant cash. He'd help me, but he pl...
Shannon Dennis
Using 401k withdrawal like private money
Hello Bp,
I would like some feedback on this creative financing I am trying to do.
I have done 2 successful flips and also have one 1 buy and hold.
Now that I have a little skin in the game I’d like to ask my dad ...
Terrell Garren
Would appreciate financial advice regarding 1% rule
59 years old with 16 SFHs near Charlotte, NC. No debt (please don't beat me up regarding no use of leverage - I'm an old guy and just don't prefer debt at this point in my life). I do my own PM and set my rents aroun...
Shepard Solomon
When to leave my job
Hi,When do you know when you are able to leave your job, to concentrate on real estate? Im not a get rich quick guy. I wanna know what type of stable business do I need? Because I don’t start to go back to work if my...
John Mark
Need Advice on a Unique Investing Oppurtuinity
Hello,
Before I begin this post I would like to state that I am aware of how lucky I am to be in the position that I am in. I have worked very hard in my own career and have been fairly successful but with regards to...
Cheryl C.
What were you thinking in the fall of 2008?
I felt some amount of fear/panic. I'm old enough to have been around for "black Monday" in the later 80's. Good thing I had no money in the Market then as I witnessed a number of people go bankrupt on margin calls. ...
Kirk B
Just posted Pay Rent or Quit notice
Last month the check bounced. Then the tenant paid the rent and the bounced check fee.
This month I still have not received the rent. So I left him a message stating I would be posting a Pay Rent or Quit notice on hi...
Jen Faulkner
How Strict are You in Screening Tenants?
Maybe we're too strict. I just want to feel out other opinions. If you checked someone out and found out that they were arrested for theft in 2007, but they were never convicted, how would you proceed? I've had a v...
Linda Thomas
Tenant moving and adult single son wants to take over house
Good evening! I have a long term tenant (going on 10 yrs and the rent is way below market rates). Tenant lease is up in 60 days so I sent the renewal and or option to vacate with only a $45 rent increase (I know I sho...
Tyler Suggs
FIRST BP POST! Buy or Rent on the Northshore in MA
Hello Bigger Pockets community! This is my very first post in the forums and my first day as a Pro member so figured what better time than now to post. A quick rundown of my situation/options: My fiancé and I are curr...