Eric Risi
Converting Primary Residence into Rental Property (Houston)
Hi everyone. I have done my background research on this topic in general, but I would love some specific feedback as to my particular situation so we don't screw this up. If it wasn't already clear, this would be our ...
Ramon Mota
What to do when dealing with family?
After the passing of a family member I inherited a property. The spouse was still living there and the property was under a prenuptial agreement. As we took over the property we had the spouse stay for an agreed 820 a...
Ryan Cu
New investor in Baltimore, MD
Hi everyone,I’m pretty new to investing in real estate and it’s great to find this resource here at Biggerpockets. I wanted to ask around for some advice on purchasing my first property. I have about $500K that I have...
Chris Toedter
My Realitor wants a "PREMIUM" (side money)
So I am in the process of buying a multi-Family property and in the middle of the closing process my Realtor told me there is a "PREMIUM" on this property. I had no idea what he was talking about until he basically to...
Russell Quealy
Bad contractors need help
Hello everyone!So I feel like I'm in a bit of a pickle right now. I had these contractors working on a flip for me. One day the lead just packed up all of his stuff and Left without letting me or my wife know. I showe...
Patrick Soukup
Evict Tenant after Search Warrant?
A tenant's unit was searched today (10 COP CARS WERE ON PROPERTY). We found out for possible stolen property.Both of the resident's do NOT have a felony or anything really on their background check.What are your thou...
Michael Terry
Mortgage Notes & LLC Taxes
Good morning all, I have formed an LLC out of state in order to insulate myself when buying mortgage notes. If I put that asset in the name of my LLC and receive payments through it, I am assuming I will have to pay s...
Logan Pourbaix
Vacant Warehouse Space Ideas
Hey BP, I am looking for some ideas for a commercial warehouse I own in Toccoa, GA. The area is not necessarily "booming" and the warehouse is located on a side street off of the main road in town so therefore there i...
Jack Seigler
Vacation Home Rental Ownership as a Retirement Strategy
Lately, I have been working on my retirement plan - where to live, multiple locations, one location, fractional ownership, rent vs buy ?? There are many options.One scenario we would like to have is to live on/by the...
Reid Hanley
Valuing a Mobile Home Park purchase based solely on Rental Income
I need some input from all you BP MHP Pros! I met with a seller yesterday who has an 81 unit all POH Park for sale based on a 7x multiplier of his annual rental income. Would anyone here buy an all POH MHP based sole...