Thom Sieloff
creative financing???
Greetings my good friends at Bigger Pockets! My wife and I are looking to acquire our very first rental property. (WooHoo!) However, we need some ideas on how to get financed.
The scenario... We have no money to put d...
Marc Pfleger
Drafting an Operating Agreement
The title agency is asking for my operating agreement for my multi-member llc to check if I have signing authority. I have been educating myself on the OA for a few weeks and was going to take my time to draft an O...
Kyle McKiernan
Property Management Companies Memphis TN and great Areas
I'm currently in the process of looking for a new PM to manage my duplex in the Memphis/Bartlett area. Before I get into that I thought I would ask other users their thoughts and opinions on an idea I had. We all have...
Roy N.
The concept of "deemed interest" - does it exist in the U.S.A?
Good morning BP!
I was over in the blogs this morning reading Brandon Turner's latest essay, "The Definitive Guide to Using Seller Financing to Buy Real Estate" and, in the comments following the articl...
Account Closed
How do I expand my real estate empire past the first rental?
Hey everyone,
I know this is probably a total newbie kind of question, but its something that i think i would find easily but i cant seems to find a subject on it. I currently own 2 homes, one is my main resi...
Luis Rodriguez
Issue with a tenants kid
We currently own a two family home and have a family of four living upstairs. The youngest whose around twelve years old loves to run around and bounce a ball off the hardwood floors.
We understand what we got oursel...
Abimael Rodriguez
How to convince my wife to join me in real estate?
I'm just starting to set my goals and plans into real estate. My wife is all in favor with me. But I would like to involve her too, but she is not interested at all. She is a part time student, part time job, and part...
Isiah Ferguson
Tenant inspection at 6 months ????
Hey, I just purchased my 1st rental property a couple months ago. In June it will be 6 months since the tenants have been in place. I would thinking of doing a 6 month inspection at the property. What u guys think out...
Jonathan Johnson
When is an on-site manger is needed for Apartments?
Hello BP,I'm looking at a 100 unit purchase of 2 buildings. One of the opportunities I see in the apartment is they have a lot of staff.The management on payroll is as follows: Maintenance at $19.50/hr; Part-time main...
Aaron Junck
"50% rule"
As far as the "50% Rule" goes.
When you evaluate a property and you say 50% of the monthly gross rents should be figured for expenses prior to servicing any debt, does this vary much if you are going with new constru...