Jason Rivera
How to Properly Fire a Contractor?
Hi all,I hired a contractor to work on my 2nd flip. In the 2 months that he's been there, he's only completed the roof. He's still working on the framing (which should've been a 2 or 3 day job). He knocked down a b...
Lee V.
Proper procedure for screening potential tenants?
Hi all,Is there a website that you guys reccomend to do credit and background checks?? If there is a fee to do so, would the tenant pay for it? Do I refund them? Or is it part of the protocol. What is the minimum cred...
Agbolade Adesoye
How to properly utilize 10k equity
Hi, I'm in Chicago. I have very little equity, roughly 10k. My goal is to buy a single family home and rent it out. I guess my question is that is 10k a little too hopeful when it comes to looking for a fairly decent ...
Leon Lee
How to properly structure a partnership
Dear BPersI am considering to partner up with a friend on purchasing real estate properties. In general, I have perfect credit, low DTI ratio, but very busy with my full-time job. He, on the other hand, is relatively ...
Jayden Hamilton
garage door does not close properly
Hi, so I just got a 30-day notice that my tenants will be moving out. I plan for my property to be available for rent on August 1. There's one issue, the tenant pointed out that the garage door does not close correctl...
Hudson Walker
How to properly use private money???
Hello fellow BP’s,I have a novice question. I am looking to buy a single family home and potentially do a brrrr. I have capital of my own and want to partner the deal with a family member. Basically take a loan from t...
Tkai Savage
How to house hack properly (Duplex)
When house hacking are you looking for positive cash flow or enough just to pay of your mortgage. How do you properly run the number on a property I know it's a little different than a standard single family home. I c...
Randy D.
Proper insurance coverage for new LLC ?
Hi!I turned a blighted property into my first rental property. I formed a LLC. What type of insurance coverage do I need for the new LLC and for the property ?Right now I have a cheap vacant dwelling policy but wil...
Quincy Ford
When to properly use an LLC
Hi all, I am brand new to the real estate game and to the bigger pockets family, but hungry and eager to learn as much as possible. Currently located in Florida, I am looking to get going by finding my first rental un...
Steve Riester
Need help building a proper offer
hello again,
i have worked out a 'soft agreement' for seller financing from a sfh seller.
they own the subject property free and clear. asking price is 475,000. Just in talking and building report, seller offered 45...