John Pak
New member from Fairfax, VA
Hello, my wife and I are about 10 years from retirement from our full-time jobs. Our real estate goal is buy-and-hold rentals to provide partial income replacement upon retirement.We currently live in a SFH with good...
Toni Annis
Seeking advice on a tenant
I have a tenant that has been in place since April 2018. After his year lease was up his lease agreement switched to a month to month lease. Up until very recently he has been an excellent tenant. I never had to worry...
Rob Gillespie
Private Money
I am very familiar with hard money, however It has been a while since I have used it. I am not looking for a loan, but I do wholesale a lot of properties, and my buyers sometimes need some coin. Back in the day it was...
Marc Dufour
Late fee in CA
My tenants always pay a couple of days late every month.
In my lease, there is no grace period and a fee of $70/day late.
I haven't charge them anything.
When they leave the property, can I deduct this late fee for...
Forrest Brown
Wholesaling vs Buy to Hold/Rent
Hi, I have begun doing research on the many different options there are to invest in real estate. I know I would like to start buying and holding properties to rent. However, I would like some input on what people w...
Jeremy Clark
Am I missing something?
I’ve been analyzing deals and everything in my area seems to have such a low profit per door once I factor all the expenses and the mortgage and I feel like I could potentially be more conservative but dont want to ta...
Joseph O'Sullivan
TSP Loans - Current Pros and Cons
Hi All,As I look at my options to finance my first RE deal, I was researching the early withdrawal penalty from TSP (Federal equivalent to 401K) and just learned that I can take out a TSP loan with no penalty, no tax ...
Jill F.
Getting rid of tenants causing 'excess traffic' (aka drugdealers)
Hi Bigger Pockets,
How do you deal with the excess traffic problem, when you have no actual proof or official statement from law enforcement regarding drug activity (which would allow/require and immediate 3-day evi...
Cory Schmidt
paying all bills with first flip
so I have a few bills that I need to get paid off my wife suggests we work until they r paid off (i am a union carpenter and she is a rn) which could b yrs. I think we should do a fix and flip and use that money to...
Kevin Jorgensen
The big mortgage argument
I'm curious to hear opinions on this article. When I first read it it seemed very persuasive, but runs counter to RDPD I believe.
http://www.edelmanfinancial.com/education-center/articles/1/11-great-reasons-to-carry-...