A friend owns a home in the Bay Area of San Francisco. The house if paid for and is generating rental income and he wants to know if a HELOC is a good move or not to invest in other assets.Borrowing money is very che...
Looking at purchasing a quad in the upcoming months as my first investment property. I do plan on living in one of the units. I was just wondering if any seasoned investors had any tips for effectively screening tenan...
Hi Bigger Pockets,I have had an interest in getting into real estate investment for quite some time now. My partner recently closed on his first multi-family property and now that the "idea" (but no longer just an ide...
I bought this house in 2013 for $144,000 at 3.625% over 15 years. I put 20% down, thinking I'd be staying in it for longer. It could probably rent for $1200 right now or sell for around $160,000. My balance on the fir...
I've been looking in my target area for about 6 months now (all on the MLS because I have access) and haven't had one opportunity show up where the numbers work out. However, last week I found a short sale on the MLS ...
HiI am new to being a landlord and the first 4 unit home I purchased resulted in a few things you don't wish to begin your journey!1. I had a vacancy from a tenant moving out and the tenant who moved out didn't pay la...
I am in escrow for a Triplex in Redondo Beach California. We are contingent on the sale of our current property ( Which we have an over ask offer for.) The Triplex needs a new roof (which we have asked for a credit fo...
My tenant won't give me permission to show my house to potential buyers. I am marketing it for sale WITH the rental agreement. This was explained to her, that she does not need to leave the property and that the inv...
So after you assign your lease and assign your option to the tenant buyer or seller, you are out of liability for payments on the lease? The seller basically becomes a landlord per say. They have to be the ones to con...
All,This one is a doozy. I have a family friend who leased an apartment in maryland then sub-leased it to another person . (I guess they did a sign an agreement but never got it blessed by the property manager which w...