Kathlyn Lewis
Tenant late with rent - what to do
Hello!
New to the Landlording game. We recently bought a duplex in Boise, ID and inherited tenants. This is the first month we are collecting rent.
One of the tenants has informed us that she will not...
Account Closed
NEED HELP, IM 16!!!!
I’m 16 years old and very interested in real estate, so much so I want to start my own real estate investment company as soon as I have the money and knowledge. But the knowledge part.... so I bought a few books, like...
Sam Erickson
Should I personally guarantee a seller financed office building?
I found a seller that owns a 20,000 sq ft. office building with no mortgage that is interested in carrying the note for me. The building has a gross cash flow of $68,000 as it sits now, with a gross potential of $160,...
Wilson Adams
Convincing my spouse that REI is a potentially good idea
My wife and I are very calculated people. Our families always encouraged us to save the way they were taught (savings, 401k/pension, IRA). Looking ahead, I can see that we are both going to need some alternate forms i...
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Do I need a license to broker private/hard money loans?
I heard that there is no license needed to broker private/ hard money loans, Is there any truth to this? I know that you don't need one in the commercial sector. Is there one needed in the residential hard mney sec...
Meghan McCallum
Is Bigger Pockets RUNING the ability to househack?
Hey everyone,I have a friend who I have been looking to partner with in a three or four flat in Chicago. Cap rate in the areas we wanted to buy are so bad (1 or 2%), even for the add value plays (which I think in Chic...
Kenisha B.
Purchase a 4plex evict everyone??
Hello BP Fam,I found a 4plex in Texas, at a decent price, but the rents aren’t at market. I highly doubt anyone would want to pay an extra $500 a month in rent, so I’m thinking I’d have to evict everyone. Is this a ba...
Will Kern
What Rich Dad Poor Dad gets wrong...
Newbie here. I listen to the BP podcast almost every day, and I notice that Rich Dad Poor Dad is suggested by a large number of guests in the Famous Four, or at least referred to frequently.I've read the book and I th...
Jim Kaufman
Over-improving electric or doing it right?
I am putting together my SOW for my first flip and want to upgrade the electric on the two story to grounded. Why? I want to put out a good product (that sells easy!) and it makes sense to me to upgrade the electr...
David Breitzmann
Jewelry investment as a RE primer and fear managing tool
Hello RE friends,
In an effort to move beyond theory (e.g. reading, speculating, postulating) and into practice there was a need to invest in a commodity.
Commerical paper doesn't seem as interesting because it's ...