Michael Wade
Tenants' side of duplex won't stay warm in MN wint
Hi all,First-time homeowner (duplex) with first-time problems. Looking for advice on either heating or tenant-relations.I bought an up-down duplex in Minnesota in March of this year and moved into one unit, renting th...
Cheryl S
Help with the 2% 50% Rule
Hello everyone,
This forum has been invaluable to me. Thank you for sharing your knowledge.
I live in CA, and I'm looking at a duplex out of state. No way could I afford anything around here.
Anyway, the duplex ...
Josh Calcanis
DCSR Loan and forms of Financing
Hey BP - I'm finally on the hunt for some new properties for 2022. I've been pumping up the other portions of my portfolio and putting a lot of my time into our startup (which we'll hopefully see an M&A this year)...
Daniel Pessin
Landlords - how do you receive automated rent payments?
Hi everyone, I was wondering if anyone had an automatic payment system setup with their tenants to receive monthly rent payments automatically. This way you don’t have to physically pick up rent or wait for them to m...
Grand Wally
Eviction question
I'm pretty sure I'm about to evict a tenant....
What can I do to safeguard any potential theft/vandalism in between the time I notify the tenant I'm going to evict them and when the sheriff shows up (maybe 1 week)....
Emily Sulliban
50% Rule- Is it Really a Rule?
I've been reading on the 50% rule for calculating viability on a potential rental income property:
Gross monthly rent
-(minus)50% for operating expenses
______________________________(equals)
NOI(Net Operating Inco...
Charles Constant
Seller Won't Vacate After Sale
We bought a home in Pasadena from a wholesaler with the intention of doing a fix and flip. They had a contract with the 83 year-old seller saying she could stay in the property for 15 days after COE, to which we also ...
Nicole R.
Defendants Filing Bankruptcy to Stall Sheriff Sale Confirmation
Hello BP Members,I recently bid on and "won" a property at an auction that occurred this past early March. Prior to bidding, I did my due diligence and felt comfortable bidding (i.e. ensuring it was a 1st mortgage, t...
Ryan Klein
Reasonable Goal? $3000 cash flow in five years
Hi everyone,My wife and I would love to move to a better house with a bigger yard in five-ish years. I want to find out if real estate investment can get us there. I think we'd need to make $3000 a month more than we ...
David Vaitenas
Investing with Partners
Hello All,
This is my first post on this forum although I have been listening to bigger pockets for years. I wanted to ask your thoughts on investing in real-estate with others, more specifically family. I am current...