Eugene Mar
16 unit purchase needs creative financing solution
I am looking at purchasing a 16 unit multi family building. The purchase price is $675,000. I was able to find financing for 65% LTV at a rate of around 5%. However, in order to make my deal work I need 75% LTV. I...
Ande Andrea
Airbnb vs. Annual lease terms
Hey guys,New to Bigger Pockets but been into RE investing since 2015; researched it long before that. I have a house I am buying on a lease option in Portland OR (suburb area; great area); I have it at about a 35 mon...
John Colburn
Buying a 6 unit apartment building with bad tenants
I am in the process of buying a six unit apartment building, and during the due diligence found that two of the tenants have not paid rent in two months. To make matters worst the property management company is not ...
Account Closed
On the fence. Local or out of state??
Completely on the fence. Looking for a multi. My area, South of Seattle, seems still very high. I think I ran a calculator on several properties and they are all a pretty big "NO". Trying to gauge the market as it's s...
Aaron Mazzrillo
Nonpaying Tenant Joined Army
I have a tenant who decided since he signed up for the Army and is leaving for boot camp in a few months, he doesn't have to pay rent any longer. I filed eviction, but have been tossing around the idea of calling t...
Linnea Giles
WHO PAYS UTILITIES??!
Hey Everyone! My husband and I are looking at purchasing a 4-unit property in the St. Paul area of MN. This would be our first deal, and we both have so much to learn. We both are wondering, who pays for utilities?...
Tony Wooldridge
Who was your most inspirational BP Podcast guest?
Hello BP Nation! I have been doing a lot of reflecting on my last year of Real Estate investing and have come to the conclusion that a huge inspiration for me was the BP Podcast. Now I am in no way saying that the f...
Gabe K.
Pay taxes before selling reperforming note?
Team, I have a note that is reperforming and now seasoned and I am going to sell it. The borrower is way behind on her property taxes and is not in a financial position to pay them. My question is: do I pay all the p...
Gaston Barua
DECISIONS DECISIONS! Which property to buy?
Hello All!I am on the verge of making my first offer on a rental property, but need to decide between two great options. The First: Is a newly remodeled duplex walking distance from the college campus. It would produc...
Jonathan Vince
"Sorry, tenant, but I'm turning your garage into an ADU . . ."
I wouldn't say it exactly like that, but that's the gist. So, if you were in my shoes, how would YOU go about orchestrating things? (details below):*2bd/1ba home in Bakersfield, CA. Detached garage in back. Backyard i...