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Good morning, BP.I've got a bit of a sticky question here. An accidental landlord family has contacted me with an offer to sell me their home. They had to move for jobs a year ago and have a tenant leasing their home ...
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A few years ago if a tenant owed you rent or damaged your property you could enter the premises and “hold” certain items. It’s an old law I believe but was still could be used. It’s so old you couldn’t take their goat...
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Hello Biggerpockets community,
I am setting up a single member (my husband and i) llc for myself, llc will only be used for managing one long term rentals property. Do you recommend I use myself as a registered agent...
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Hello. I have saved up for my first real estate investment. I am moving to Dallas,TX and wanted to take a step out and get started there. Since The area will be new to me and I don’t have any connections there yet I w...
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This is a 30 thousand feet overview of the process. Correct me if I"m wrong, then a couple questions at the end. Motivated Seller has a property in pre-foreclosureWe set up a Subject 2 agreement with the sellerWe pay...
Hello!
I am new to the site. My husband and I JUST entered into the business. We are extremely motivated and know we will succeed. Failure is not an option. We have the most amazing mentors. The one thing tha...
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Hear me out.
Let's say part of your screening criteria is a minimum of 3x rent as income. In CA and some (all?) other states, you cannot discriminate based on source of income. That means if the prospective...
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Below are 10 factors I wish I would have realized a long time ago. Just my opinions, but perhaps one or two will resonate within you and change the way you think about investing and life in general. Here’s to gettin...
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To start off, my husband recently attended a FB seminar and yes he paid for the three day course. He is so excited and looking forward to starting this business, BUT he can't afford the $25,000 to begin. (I would not ...
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Hi BP community -
I'm new to real estate investing and this is the first house I have looked at to use to learn how to crunch the numbers. I would like advice on how to proceed, if this would be worth any fur...