Matthew Lindsey
Cash Out on Paid Off Duplexes?
Hi,I have been thinking about trying to pull cash out a property of mine. The property is two duplexes on one piece of land so technically it’s 4 units. The property is paid off with no mortgage. I’d rather not do a H...
Bryce Nurding
Paid To Buy House As Investment
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $148,000
Was actually given money at closing from the bank. Had seller pay all closing costs and used 0 down VA loan.
...
Arlan Potter
Sold rental units, banks paid off
We closed on the sale of 30 units this week. A 24 unit complex and 6 SFR’s.
Couldn’t be happier. The units needed quite a bit of work, class C- or some might say D.
Easy to rent because poor people need a place ...
Tyler Rasmussen
Paid off our Hard Money Loan!
Today I dropped off a $200,000 check to pay off hard money we borrowed a year ago to purchase a 77 unit apartment complex. It was a great feeling to get that debt off our back!I have a couple lessons learned from our ...
Jose Vasquez Dickson
Title Company Closing and Getting Paid!
Hello BP,I am happy to announce that I finally assigned my first wholesale deal in Florida and I'm very excited about it! But, now I have a problem that I need to tackle. I have my brand new LLC that I am using for th...
Mike Provencher
Rent paid up for 6 months?
I have a prospective tenant who says they are building a home and would like to pay me 6 months rent up front.
I have heard (through BP podcasts) that I should be cautious about doing so. If he is building a home,...
Jacob Seim
Cincinnati, OH Fixed Landlord-Paid Expenses
Hello community.
I'm getting more and more comfortable running property analysis' using the BiggerPockets Rental Property Calculator. My wife and I plan to buy a duplex/triples this Spring and house hack on the East...
Kelly Pierce
COVID-19: My tenants paid rent
Just wanted to put some happy vibes out there I’ve been holding my breath until yesterday to see if my tenants would either message me or not pay rent on time April 1st, buy they all paid rent and I didn’t hear a peep...
Lesley Zvavanjanja
Transferring fully paid lots to LLC
I have some lots that I would like to transfer into an already formed LLC.How best can I do without spending too much money?Which is the best deed to use in my situation.Thanks
Christopher Dolan
Tenant Paid Water in SW Washington
First time landlord posting here-
I recently purchased my first rental property in SW Washington (Vancouver) which had inherited tenants. We will be coming up on our first renewal together. The lease I inherited had ...