D Mack
Seller wants to avoid an audit!!!!!
Im in the process of getting a duplex under contract. The home owner and I agreed on a price of 25,000. But he says he wants his money in 3 separate checks (9k, 9k, 7k). He says he wants it this way, so he's not audit...
Brandon Turner
New "Portfolio Tracker" tool on BiggerPockets... and it's FREE!
Hey folks!We just released another awesome free tool (for everyone - Pro, Plus, and Free members!) to help you stay more organized as you build your real estate portfolio. It's called the Portfolio Tracker and we'd l...
John Dombrowski
OK I really want to get moving
Hi All,So I have been around BP for a year now soaking up all I can. I am 56 I finally lost my IT job of 19 years so I really want to try and get started with this RE gig. I have about $200K in my 401K that I need som...
Joel Owens
Multifamily Getting Frothy - The end is near.
MULTIFAMILY FROTHYSo I have been saying this for years now. The cap rates multifamily is trading at is crazy.Lot's of sellers pushing the idea of never ending above historical market rent growth and little to no vacan...
David C.
How are PML/HML's handling the insurance crunch?
I have a note in FL, borrower isn’t paying the insurance, too expensive, I guess.
Borrower is very abusive and uncooperative with loan servicing … I’ve given up trying to work things out with them. I don’t want to...
Chris Martin
Is achieving FHA approved condominium status worth it?
From the handful of areas I have looked at, the vast majority of condominiums (condos) that had achieved FHA-approved status have allowed their approval status to expire. I am trying to figure out if having a unit in ...
Joshua Martin
What is your probate mailing system?
Hey gang, So I've shifted my marketing materials to probate leads over the last two months, and am now coming at it from the realtor/investor angle. That is, I can either help them sell for top dollar or quickly for ...
Jordan Hall
Flat rate MLS for FSBO w/ buyers commission
I’m looking into listing a flip as FSBO with a flat rate MLS listing service in the Pittsburgh area. I will be offering a 2% buyers agent commission to be fair. Does anyone have any experience with this? Can you give ...
Chrystian Tapia
What to do when tenant breaks Cash for Keys agreememt?
Hello BP Community,I'm a first time landlord, I recently purchased a multifamily building in Chicago, Cook County. I made a cash for keys agreement with a tenant. About a week before the vacancy date on our agreement,...
Joseph Fenner
Looking for the best financing for my first rental property.
I’m looking to invest in my first long-term rental property using the BRRRR method but I am trying to find the best financing options for me. I was originally looking at conventional loans from banks but after researc...