Scott Trench
Pro Bono Help - Nasty Landlord - Felon Tenant in Denver CO
Hello, I work with an individual in Denver, Colorado that is a felon, attempting to re-enter society.This individual had an unusual situation. He pays for housing at the halfway house, and needed approval to move out ...
Joe Fairless
Simple Lesson Learned From Closing on a 400+ Unit Apt Community
Earlier this month (February 2018), my company closed on a 400+ unit apartment community, which put our portfolio at over $510,000,000 worth of apartment communities across nearly 6,000 units.After closing on each dea...
Wendy Owens
How much cash on hand before we go full-time?
My husband and I recently relocated to Portland Oregon for a contract our tech company won. We moved from Cincinnati where we flipped 3 properties on the side and we made about $30k on average after expenses on each p...
Shedrick Boyd
Need to buy next investment property! Any thoughts on Condos?!?
Currently in the market for my next investment property. My biggest objection is my market (Denver) is so expensive it’s hard to make the deal work. Only properties I can make numbers work are Condos....Goal would be ...
Jarred F.
Florida Vacant Land Contract for Deed or Land Contract Help
I'm seeking some advice from the BiggerPockets community. I've been wholesaling some land in Florida for a couple years and have sold a couple of lots under a land contract (or contract for deed). But Florida is a jud...
Jon Huber
Adding special assessments to leases... and how to structure it?
Hello BP... I have a rental in Los Angeles that just underwent a special assessment to paint the entire property. I was very happy, as I was breaking even with my numbers, but I was just hit with the $3,600 assessme...
Paul T.
All my REIs are in an LLC! Why am I being personally sued?
LLCs are not the magical barrier to personal lawsuits that many believe. The same is true for closely held corporations. There seems to be a common misconception that putting REIs into one or more LLCs will protect th...
Angela Smith
Under contract for our first property!
My husband and I are going to be landlords! We've chatted about this over the years, but over the last year we resolved to either make a purchase or give up the dream.We made an offer on our first property yesterday ...
Brian R.
Contractor wants his money, but I don't want to pay... yet
I just had 2 days worth of work done in my first investment property.I paid the GC half of the job's total before work began.It all took two days and I'm pleased with the results. Upon reviewing the work last night [a...
Jeff Chisum
10% Down Second Home/STR Loan Not Dead/Debunking bad info
Revisiting the subject of financing for vacation home/vacation rentals/STR's. 10% down is still an option without having to pay points. There are lenders doing loans outside of Fannie and Freddie. Significance ther...