Omar Merced
Just bought a 18 unit for $12,581.36 in Ohio
Well sort of. I have to pay back taxes of $20k and about $1k in back water. And, yes it needs a full rehab but if I did my numbers right after all is said and done I'll be sitting pretty. I close this week so once I d...
Andrew Faulkner
Dumb question about buying notes from newbie
I have around $250k to play with, and I'm considering buying notes off FCI. Can anyone tell me what I'm missing? Many of the 1st position notes (non-performing) sell for a fraction of the value of the property. It s...
Ladè Baruwa
Landlords.....what headaches come with having C- and D tenants?
What are some headaches that a landlord could run into when renting to tenants in a C- and D class neighborhood? Also, what are some solutions for those headaches?
Jonathan Greene
Why You Need a "Deal Killer" In Your Life as a New Investor
The adage about who you surround yourself with is accurate. The five people you spend the most time with will influence you. But as a new investor, sometimes this advice leads you to only have cheerleaders in your lif...
Michael M.
Heloc on Heloc on Heloc forever?
I just took out a HELOC to use as a down payment an investment property. My monthly payments will be low (interest only for 10 year draw period), so shouldn't really affect my debt to income ratio much.Once I buy the...
Katie Douglas
Frustrated with Bigger Pocket Posts
Hello, I'm a newbie and this is my first post on Bigger Pockets although I have lurked here for several years. While I have been able to find invaluable information on this site, I find many of the posts (especially i...
James Park
New Landlord. How to handle a situation when tenant cannot pay the full rent amount
I brought in new tenants to my townhome in the Chicago burbs three month ago, before moving to Atlanta.
Long story short, in July, I had an unusual storm in Chicago that put 6 feet of water in my basement. I have sp...
Tyrell Perry
First Rental - Finally Pulled The Trigger
Finally pulled the trigger on my first investment property after a 5-month search. The search originally started in Tallahassee, FL; went to Detroit and finally landed in Cleveland. In Tallahassee, the seller and I co...
Nathan Gesner
(Update) Another Tenant died...and then two more!
I received a call from concerned neighbors. This Tenant normally goes for walks every day. Nobody has seen him for three days, his lights are on, and his truck has not moved. I go over for a welfare check and find him...
Isaac Johnson
REAL ESTATE IS BETTER THAN STOCKS!
My personal finance teacher is using the Dave Ramsey course and doesn’t agree with me that real estate is a good investment. Instead he teaches that stocks will make you a millionaire no matter what even if you don’t ...