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Doctor's note for cats?!
Hey everyone... so I have a bit of a lease term question. I just bought this four-plex and it's my first local property. We're managing it ourselves. We've literally had possession for 4 days. Tenant #2 comes up with ...
Karl McGarvey
Payoff a Vehicle or buy another rental!?
About to close on a refi of our personal property. Saving $250/mo plus getting about $12k cash back in closing. Current vehicle payment is $398/mo with about 9000 left to pay (2.5% interest rate).Initial thought is go...
Richard Bautista
Too good to be true to have connected with a real estate agent who has a whole team?
Good evening and happy new year,I need input on something that seems too good to be true. I just got off the phone today with an investor-friendly real estate agent in another state (not NYS) who has a whole team behi...
Corey Dutton
The Story of a Loan ‘Shopper’
In the lending industry, there is a commonly used term called a “shopper” to describe a person who is calling every lender in town to find the best deal on a loan. Experienced lenders can usually spot a ‘shopper’ a mi...
Angela Persico
Inexperienced landord, in over my head
This is my first time being a landlord and it's safe to say I'm not very good at it (yet). I came across Bigger Pockets a few months ago and am now seriously considering pursuing REI, but realize I need to change how ...
Daniel Miller
security-deposit awkwardness
I know that folks on this forum always recommend (rather strongly) requiring a security deposit along with applications for a rental property. (This is the deposit for the application, *not* the deposit for actually ...
Wendell De Guzman
If you can invent a time machine - what will you tell your younger self so you won't make that BIG real estate mistake
OK...this is NOT just because I am a sucker for time travel stories BUT...this forum thread will hopefully HELP both beginner and experienced investors alike. How? By openly sharing the mistakes that each of us have m...
Ben Dunning
Second set of eyes on First deal analysis
Hi Everyone, Hoping to get a second set of eyes on my first set of calculations. This is a TK in Indy, good B neighborhood. I still need to talk through all the details of the rehab but it will be thorough. Quick ...
Dennis Meints
COVID related rental conundrum
I purchased a 4-plex in November of 2020. Class C property in a neighborhood that houses a lot of voucher holders and lower-income families. I inherited three tenants that were advertised as paying and up-to-date with...
James W.
Land Contract situation. Creative business deal :)
I'll be brief to start. I may start a new thread with more details, but hopefully the mods will work with me :) .I'm in commercial and residential REI. Looking to expand my commercial side on this deal.It's a raw land...