Matt Patrick
Help!!! Duped by hard money lender!
Hello everyone, this is my first post on BP. I have been using the advise of this community for sometime now. Here is my situation. I just recently purchased 2 properties to fix and flip. I used the same lender on...
Jeff P.
No good multi-family propeties, build instead?
For you creative solutions people, this could be fun.
My wife and I are in our late 50s and looking at rental real estate as an income stream as we near retirement. We also desire to help our daughter/son-in-law (B&a...
David He
Question regarding my right to rent as a landlord
Dear bigger pockets, My wife and I are both new to multi family investing and I posted two months ago about a "failure to obtain permits for a duplex" citation for a new multi-family property we just acquired. You can...
Robert P.
Pets in Massachusetts
I am purchasing a tenant occupied property. They all currently have pets. Is it legal to write in my rental agreement that no other pets are allowed to live there? (i.e. I want them to sign something stating how many ...
Justin Mayne
Tenant lease problem
Hello everyone. I'm about to close on a property in Oklahoma City, OK. The property has 3 units, one main house, and 2 detached garage apartments. One of the tenants first rented out the main house and then added the ...
Vlad Denisov
Why do we think of reinvesting for IRR?
Let's say we acquired property on a year 0 for 100k. Let's say we had a cashflow of 10k every year, for years 1 to 5 and on the year 5 we also sold the property for 130k. The question is why when we calculate the IRR,...
Joffrey Long
Investing in Trust Deeds: What are you opinions, experiences, recommendations for those investing in California First Trust Deeds?
I'm interested in the opinions of BP members:
As far as CALIFORNIA FIRST TRUST DEEDS (not Texas loans, not 2nd trust deeds) what have you experienced, heard, what are your opinions, and what do you believe the gener...
Ahmed Nijim
New or old Floors question?
when flipping house is better to sand the old hardwood floors or new install new hardwood floor.
Keep in mind that the condition of the old hard wood floors not horrible if they get sanded and finished they will look ...
Michael Paul
contractor on title in Washington state
As it currently stands, RCW 18.27 requires a contractor to be on title to fix and flip a property. We have a contractor that we are partnering with on a flip and I have been told that a Tenancy in Common agreement wil...
Lam Le
How to transfer an LLC to a revocable living trust
My wife and I own a rental property, under an LLC with both of us are 2 members. I want to create a living trust to avoid probate and also want my sons to continue the business after we passed. How can I transfer the ...