Hector Salas
Raising rents on existing tenants when buying property!?
Hello BP community! I have been analyzing a lot of properties that have great potential, but rents are way below market value. What steps would I need to take to raise rents to current market value, on a recently purc...
Sung Park
Getting a mortgage loan as a student
Hi BiggerPockets Forum, You guys have been an incredible help in the process of buying a property. However, since I do not have a pre-approval, I cannot move forward. Here is the issue. I am currently in college finis...
Stephanie G.
Wet crawl space
The house that we are considering buying has a wet crawl space. It was built in the 1950’s. Ranch. No structural damage from the wet crawl space. Is this a wise investment? Would it be hard to re-sell?There were...
Joseph Medina
The Investor Failure Journal
Hello,
I am Joe and a new investor, an Army Veteran, and I am also a PhD (ABD) in Psychology. I am starting this Journal to help both new investors and seasoned investors alike with Failures that arise in our chosen...
Kevin Romines
What is the future of Sub2 financing as an exit strategy considering the new CFPB rules?
I have occasionally watched the new rules coming out of the Frank Dodd/CFPB regarding owner financing? It seems that they recently finalized the rules and now require a person to be licensed as a loan officer if they ...
Ahmad D.
Where do you find your deals ?
Hey all, first BP post here ! Looking to get started and wanted to get everyone's thoughts on where you generally find your deals. RE agents, directly with wholesalers, or just searching the MLS and runnings your numb...
Rheanna Lamph
What software can I use to accept payments online?
So here is my current situation. I am not a landlord yet, but will be one within the year. I am trying to set up things ahead of time so we are prepared. At the moment, that means figuring out a property management so...
Jason Reed
How a 74 Year Old Is Kicking Your Butt!
In 2007, I met Carol at our local REIA. She was 63 years old, living in a $1500 a month apartment in downtown Minneapolis, and beginning to fade financially. She had spent around $30k on getting a "eduction" in Real E...
Joshua B.
AirBnb scam featuring a BP member!
In what will hopefully be a wake-up call for AirBnb, one of the hosts was pulling bait-and-switches across the country. He'd show pictures of a nice place, get a reservation, call right before the stay and say that th...
Tyson Scheutze
Dude, Where's My Resident?
All the emphasis and effort on renovations and inspections is ultimately an attempt to control the controllables enough to create a desirable home for a future resident. Once a home is “rent ready,” it signals the bat...