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Tenants who moved in with a 12-month lease in April sent an email today saying a parent is buying them a house, it happened quickly, and they will be moving out September 1, only 4 months into the lease. They've been...
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Im new to BP and posted my first blog entry at http://www.biggerpockets.com/blogs
I was expecting some insightful comments and criticisms. Did not get any. I noticed none of the other blogs dating back weeks appear t...
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There is a brick triplex around the corner from my primary residence, great location and curb appeal. Out of curiosity, I looked up the public records and discovered the owner has had it since at least 1992, so he lik...
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BP Friends,How do you guys collect your rent? Do you have an automated way for your tenants to pay or do you accept checks or cash. I am closing on my first duplex in a couple weeks and I am trying to get all of my du...
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I'm looking to sell a rental property which has not been a primary residence in the last five years and trying to figure out what is the best next step. Should we 1031 exchange and keep growing the RE? When is it wo...
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I know I need to verify tax information through a CPA or accountant but I wanted to ask here anyway. If you are investing as part of one of the real estate companies out there, like Open Door Capital, do you get the s...
Here's my idea. House rents for 1600/month but I know I can rent similar houses for more, say 2200. My idea is to approach the landlord about writing up a lease option which gives me the ability to sublet the home out...
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I just screened a prospective tenant with Smartmove. Without sharing too much information, the report came back with "not enough information." The criminal report showed an incident from 25 years ago. Then I checked a...
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Hello, I am an aspiring real estate investor looking for my first deal. I have real estate license as well, but currently only use for referral deals, as I have never been a "realtor". I found a tri-plex I like which...
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For those of you who have sold properties with seller financing or a seller carry, what was the interest rate you charged? Anyone sell a fix and flip with a carry back?