Megan Hirlehey
What to do with Interest Earned on Security Deposit
Hi BP Community,My tenant's security deposit earned about $9 in interest this year. He is moving out at the end of the month, and assuming he will be getting his full deposit back, what do I do with the interest? I pr...
Matthew Dawson
Property Management in San Diego
Good morning BP!,It has come time for us to move and it’s a big one. My family and I are headed to Guam! Looking to rent my home and was looking for some property management suggestions for here in San Diego. I just s...
Jessie Sulecki
Cash out Refi opportunity
Hello BP community. I’m fairly new to real estate my wife and I are currently looking to purchase our first house together later this year. Our budget is around $250,000. While looking, I came up with an idea to help ...
Jonathan Orr
Seller financing with mailers
I have started doing some mailers and I was talking with a friend who is working with a guy who is doing a lot of seller financing commercial deals. It sounds very interesting, however I am looking to those that have...
Lenzy Ruffin
Is a short sale possible if the owner was deported?
Driving for dollars, I found a vacant property with foreclosure paperwork posted on it. After doing some research, I tracked down one of the "owners." I put "owners" in quotes because it's two brothers: Both of them a...
Matt Schelberg
Is Former BP Sponsor Michael Quarles still in business?
A few months ago I paid for a multi-month direct mail campaign with former BP sponsor Michael Quarles' YellowLetters.com but now my calls and emails are going unanswered. I am concerned that I've lost thousands of dol...
Jon C.
Taking those first seller calls.
I'm new to all this and wanted to get some clarification. I am also very nervous on the phone at this point.
I have sent out yellow letters that are very basic. They basically state that I am interested in purchasing...
Mark S.
How Much Would You Pay for This Duplex?
Hey guys, What would your max offer be on the following property:Duplex (950 sq ft each) - 2BR / 1BA units. 30+ yrs old.MONTHLY INCOMERents: $500 x 2 = $1,000/month.MONTHLY EXPENSESVacancy loss (@ 8% or 1 month): $80...
Michael Germano
BRRR via Seller Financing
I am looking at my first BRRR and I got my first live Motivated Seller offering up Seller finance terms for a 3bed 1 bath SFH in NC. The terms they proposed are as follows...$165k PP, $18k down, Interest only paymen...
Jimmy Lieu
Should I assemble real estate team before purchasing property?
Hi,I am a first time home buyer and I am looking to get into residential multifamily homes and renting them out. I am currently reading and following the BiggerPocket's ultimate beginner guide. Should I assemble my re...