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At a recent real estate seminar I attended the presenter said that it is illegal to commingle funds from different private lenders to purchase a property. The example he used was borrowing money from 2 relatives (5...
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Hello, a family applied to rent my house. They are great and have "5 Pomeranians. All shots are up to date and they are seniors."The dogs have been living in their house (which they are selling) and things are under c...
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Hello all,We are closing on a 12unit next month. The inspection showed there are 8 water heaters that are near double life expectancy (so they are 10 year water heaters but some are 18 years old). Would you replace th...
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Hey all, I have 2 long term rentals in Colorado that I got for appreciation purposes - don’t cash flow much. Now, I want to focus on cash (rental income, flips, etc.) If you were me, where would you start? I’ve consid...
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Hey everyone,
So I'm still in the learning phase of the world of REI, and one of the areas that has interested me is wholesaling. I'm curious to know what some of your biggest complaints, concerns, and horror storie...
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What is the best way to analyze if it is worth doing renovations yourself or if you should hire a contractor?If you choose to hire contractors, what’s the best way you’ve found and determined they are quality and reli...
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Thanks to the help of @Michael Noto myself and my partner are closing on our first property in New Britain, CT tomorrow afternoon. This is in a good neighborhood, directly across from a school- a three family unit. ...
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Last summer I decided to take the plunge and buy my first single family home ("SFH") to rent, so my money could start working for me instead of me always working for my money. I had discovered Bigger Pockets ("BP") e...
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Looking for input on bed size for a short term rental space were working on currently. The upstairs bedroom will fit a king bed but would only allow 12"-14" on each side. One side will be an outer wall and the other...
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I have a 3 story 3 fam with separate utilities and the 2nd floor boiler need replacement in the near future.. Its stamped 1981, and there are burn marks on the outside of it.. The tenants are seeing high gas bills...