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I own a small portfolio of rentals that I purchased in late 2018 putting 20% down and using 5yr balloon commercial loans with a local credit union. I have a rate of 5.5% on 4 and 5% on the other 3. These are ‘C’ grade...
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So I’m sure this question has been asked before but here I’ll go:I was looking into buying a property that didn’t go through, but it left me a couple of questions:1)At what point in the process should I be reaching ou...
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What tax form should I issue an investor if they provide the cash for the deal and earn a portion of the profits?This could be a 1 and done or could be a long term structure...how would you structure the partnership o...
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Hello, I am interested in a 203K Loan for rehabbing but not sure of the deposit required?
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Hello all. So, a very small (but highly annoying!) problem here. I wanted to see if anyone has experienced this. My tenant screening service is requiring me to change my online account password every 3 or 4 months....
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An investment group found a 140 unit apartment complex valued at about 8 million. They opened up the opportunity to be a KP to the public, however they are selective. As far as responsibilities, it seems that it all...
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I finally pulled the trigger on a nice 4-plex. Things have been running great and I'm really enjoying all aspects of investing and running this building. I really would like to do more deals and have found some good d...
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It's been a couple years since I have rented my unit and this is my first turn-over. I'm showing the unit this week and just want to review steps to make sure I'm not missing anything.Steps:1. At the showing I will h...
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Some people came to see the house today. They seemed pretty nice to me on a personal level. However, they said they couldn't come up with the rent and deposit until March 1. At least part of their income comes from Di...
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I am Drew. This is my first post though I have been reading bigger pockets for a couple of years.
A little history. My dad and I have 20 single family rental units (about 80% owned free and clear). We rent these for...