Hi I am looking for opinions on the following strategy. I have a 4 unit property in LA area worth about $1mil with $500k equity. It nets $1500/month after debt service. I am considering pulling $200k out for investmen...

I'm asking this as a fellow forum user, not a moderator. About four months ago, someone within BiggerPockets split the Landlording & Rental Properties forum and created multiple subcategories. The image below show...

@Russell Brazil@James Wise@Ned Carey
Hey guys in states where you all huddle around a closing table in person. ( we stopped doing that 40 years ago out west.. SEller and buyer are NEVER in the same room or even sign ...

Hello, I received a lead from an investor friend for a condo. Here is the situation: the original owner did a lease option to a college student with a 30 year mortgage. Original owner owns the condo free and clear. Th...

I've been learning a ton through various means for about the last 6 months and have made it my goal to acquire my first deal this year. While I have been open to mobile homes, it was not my intention to go that route,...

Hello Everybody!!!!

Hope you are all well.

I was wondering if anybody has any suggestions in this scenario. I am currently talking to a homeowner who owns an investment property and is 5 payments behind on her mortg...

Received this today from a tenant who has been a few days late in the past. I've been gracious. I moved their due date to the 15th so they didn't have to pay a late fee because they were always late. Today is the 2...

Is it recommended to have 1 bank account per property? Seems a bit cumbersome. How do you guys manage your rental accounts?

Hello guys,my partner and i are using for the first time a local hard money lender in the los angeles area. We are borrowing 250k over 3 monthsWe just received their estimated settlement statement which seems to carry...

Not that one needs another reason to dislike Homeowner’s Associations (HOAs), but try this one: paying for the same services three times. The abusive and illegal practice of charging HOA Transfer Fees on the sale of ...