I finally got a deal! I'm in the process of completing my first deal. It is a duplex. I'm doing a fha 203k loan. I'm going to live in one side and rent the other out. I want to get some thoughts from others. Purchase ...
This is the problem. I rented an apt, signed a one year lease. Due to death in family had to leave after 5 months. Offered the landlord to pay an extra 2 month rent to let me out of lease, they refused. They said only...
Hello everyone,
I recently heard Kathy Fettke talk about this on her podcast. I’ve yet to purchase my first rental property, though I am taking steps towards accomplishing that goal, and it’s one question I hadn’t ev...
Here is a big pro tip:
Stop buying on the MLS. It’s too expensive! There is a process called "Buying Off Market". Where do you think all of those properties on the MLS come from? They were "off market" until they wer...
Economic Update
(Monday, August 31, 2020)
The US economy got crushed in the second quarter, with the worst decline in real GDP for any quarter since the Great Depression. However, the good news for real estate...
In another thread (https://www.biggerpockets.com/forums/52/topics/707296-what-does-your-lease-say-about-modifications-to-the-property) I asked what your lease says about modifications.@Cassi Justiz responded "My lease...
Hello all, I'm currently in the process of buying a duplex that has long term tenants on both sides. By all accounts the tenants are great tenants. Apparently they pay their rent on time every month, both times I've b...
Who on the site owns and/or operates adult family homes? I've done a lot of research and found that as investments their cash flow can be great.
I'm looking to gain insight into the strategy or either building new c...
I feel bad. One of my tenants is in her upper 60's, she works for a temp agency and has difficulty paying her bills. She is never late and hasn't missed a payment. She's been living in the building for six years. ...