Joon Kim
Seller asking for 100k on top of asking price for STR business
Looking to purchase my first property for STR and looking at an existing STR business.The seller is asking for 100k on top of the asking price for basically the right to continue using the property as a STR as well as...
Account Closed
Tenant threatening legal action over security deposit
Hi Bigger Pockets -- I have a situation I'm not sure how to deal with, am hoping for your help. For context, I am a new investor who is househacking my first property; at this time I do not have a lawyer, and the hous...
Dan H.
Reason not to rent to smokers - terminate tenant w/ few options?
We no longer rent to smokers but we used to rent to smokers with the condition that they smoke outside.
We have a tenant that is a from the time that we rented to smokers. They have been good at only smoking outside...
Jay Hinrichs
Building the Right Team For the BRRRR Method
After being on BP coming on my 3rd year now.. one of the frequent repeat questions is from those wanting to get started in cash flow rentals but have limited cash but great W 2 and Credit.Let me take you back to pre 0...
N/A N/A
Cash Flow
Hi- Just wanted know what investors are experiencing in terms of cash flow while using 50% of gross rents. Are you TRULY finding properties that produce gross rents equal to 2% of the properties purchase price??? ...
Michael Yates
How to wholesale ethically and honestly
Hello, i am new to real estate looking to get into wholesaling. My biggest hangup with this model is that it seems almost all the “gurus” teach to lie to homeowners and say that I am going to buy the property which is...
Rob C.
Entity structure on out-of-state rentals and no CA franchise tax?
This topic is just in regard to California residents with properties *outside* of California. Assume a California resident sets up an out-of-state trust, which in turn is the only member (and manager) of an out-of-sta...
Jim Stanley
Does holding a 2nd place lien make me safe on a flip deal?
Not sure if this is the right place to post, but I figured this is where the people with the right knowledge would be:I'm a beginning investor near Denver, with 1 SFH rental, looking to learn and grow. I met a guy at...
Robert Williams
I am Shaking In My Boots
Hello All! I am new Real Estate Investing, and looking for some encouragement. I have been playing it safe all my life and now with so many options, I struggle making a decision on which route to go. No money saved, 7...
Scott K.
With apologies, another "What should I do?" post (but with a few twists)
Hello to the community. I know there are at least 100 threads on this great site that deal with “getting started,” and assure you that I have tried to digest as much as possible before resorting to another “help...