Reed Starkey
Chasing the money
I have a theory I have used when I worked retail that I want to transfer to my RE investing, and I thought I would share with all of you.If you chase the money, you will always be chasing. If you find a way to help o...
Jeffery C.
Basement apartment converted/multi-family
Investment Info:Small multi-family (2-4 units) buy & hold investment in Baltimore. Cash invested: $26,000Gutted 850 sqft flooded basement, installed French drain and 2 sump pumps, turned basement into 1bd/1full...
Account Closed
A Great Tenant Can’t Make Rent
Help! I have a great tenant that has been with us for about 2 years. She is currently locked into a lease, but she will be $900 short on rent this month and she says it is getting harder to pay every month.She has nev...
Jim K.
I saved my tenant's life today
Went over to a rental property today to work on a leaking basement window. One of my tenants was at home recovering from surgery on his arm. While I was there, a vein in his arm ruptured and he started bleeding heavil...
Vincent R.
Can a 3.8% Cap rate (before financing) work?
How do I make this work? 4-unit apartment complex$1.8 million purchase price$9,000 combined monthly rent (very close to market rate, minimal value-add through rent increases)$40,000 operating expenses (taxes, insuranc...
JayCinta Henry
[Calc Review] Help me analyze this deal-4plex in Dallas TX.
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*This link comes directly from our calculators, based on information input by the member who posted.
One unit is currently vacant and I would move into it for 1 year, as an owner/occupie...
Robin Jones
How do you get out of a flip that’s not selling?
I have a property that has been on the market since November in Spring, TX. Took a hard money loan out on it to cover purchase and repairs. Hard money loan is about to expire. I know what my lessons learned with the p...
Wesley W.
"Cleaning up" the block
Hello all,So, one of our small multi-family properties (fourplex) is in a section of town that has "turned" a bit since we purchased it in 2015. Specifically, there are two tenant households that live in two nearby p...
Matthew Kelm
Hard money lender wanting an upfront payment
I was on BiggerPockets FB page and seen a hard money lender posting an offer of loan services. I contacted this person by the email that he provided. He asked for various types of documentation and sent me a loan appl...
James Peoples
Door Knocking
Knocking on neighbors door, do any of you realtors use this method to generate leads to get listing?