Jonathan A.
Flipping partnership going to court on debate of renovation costs
I am a general contractor that partnered with 3 investors to flip a house. We all agreed to hire my company to do the renovation and agreed on a set budget and got a contract by my company. My company completed the re...
Santos Ricardo Tellez
Coronavirus Impact on Housing Market?
Hello BIggerPockets,
I started this discussion to get some thoughts and opinions on how the Coronavirus might affect the housing market. Mainstream media has been reporting about it nonstop for the last few days, sta...
Account Closed
Hired 3 attorneys and still can't evict my tenant
Hi,
I am experiencing a horrible issue with evicting my tenant who refuses to pay rent and has not paid rent in almost 7 months and used legal aid to withhold rent.
I sent an order to evict my tenant for non paym...
Lam N.
Weird question, is this a bad idea?
I currently drive a beat-up old minivan with 240K miles on it. Yeah, I sacrificed myself to jump-start my rental business. I plan on buying the Tesla Cybertruck as my main vehicle. Recently, a thought came to me. ...
Thomas Moran
Wholesale Contract - Is this legal?
Hi BP -
May or may not be in a debacle here so I wanted to consult the community. I am under contract via an assigned contract through a wholesaler. I just figured out the obscene margin that he is making (which does...
Jill F.
The affordable housing situation right now is desperate.
I just listed an apartment on Friday. It's in a "D" neighborhood. It's my first turnover in over 3 years (39 months) in these buildings (2 side-by-side quads). I had **13** solid, completed applications (not just vag...
Jay Hinrichs
What cities are the Hedge funds buying in ?
Are Hedge funds buying in your city... should investors be following them and buying along side the Hedge funds with the hope of getting swept up in the anticipation of capital growth based on supply demand? Or are t...
Erik Haugen
Ethical dilemma around kicking tenants out
I bought a 8-unit apartment building; the value add is that rents are 20% below market value. My strategy was to buy, let the tenants go, rehab, and raise the rents. We gave notice to all the tenants (who are month-to...
John Underwood
Motivated Sellers are out there and you need to find them
Point and case:We just bought our 3rd house in the last 4 weeks.We paid $2000 each to 2 sisters that we reached out to for the house we bought yesterday. Yes $4,000 total purchase price.They thanked us when we conclud...
Joanna Schutte
Do Hard Money company, reviews?
Hello & thank you for the help! I am a newbie looking to do my first deal. I have very little capital with which to work & I am looking at hard money lenders- specifically the company Do Hard Money.I found the...