Welcome to our question of the week! We are talking about goal setting, because that can apply to any point in your journey as an investor. At BiggerPockets, you may have heard the mention of a BHAG (big, hairy, audac...
Hi All,We just closed on our first buy and hold property, a four-plex. The units are currently rented, but way under the market price. I reached out to each of the tenants, confirmed they are interested in renewing f...
Hey looking for a mortgage broker who knows the deal when it comes to REI, creative financing, the work arounds on how to avoid the traditional 20-25% down and any other loop holes there may be out there.I'm trying to...
Does anyone run an Airbnb? Would you recommend this option of 'passive' income over traditional RE investing? (traditional referring to wholesaling, flipping, BRRRR, etc)
I’m in a unique situation. My wife and I have been investing in short term rentals in Carolina Beach, NC since 2019. We have 10 listings here on the island and have built the systems to run a portfolio of this size at...
What things show weakness to tenants.
Another thread mentioned "weak landlord face." What are the signs?
I would call these weakness:
- Rent not due until move in day
- No lease
- No rental application
- No refere...
I have been waiting on the sidelines to buy a home since 2006. I live in Santa Barbara and after 5 years of renting a one bedroom apartment frankly my patience is running out. We are planning to have a kid and need to...
Ok, here's the situation. I own a 3/2 free and clear in an up and coming hipster market. I had a tenant buyer in the place but he defaulted on the taxes. The only debt I have on the property is the 30k I had to pay ...
Hi BP -You guys have helped me immensely over the years and I am finally at a point in my investing career where I can embark into apartment buildings. I'll be honest though, the idea of writing an LOI and all the jaz...
I've considered turnkey investments (provider buys property, totally rehabs it, then sells the property with a tenant and PM service in place) but I can't see a the viable exit strategy with this type of investment. ...