Robin Varghese
Out of state rental property investment advice needed
Out of state rental property investment advice needed. Can't find any rental property that makes sense on paper in my local surrounding. *How do you guys manage out of state property*Best rental property management co...
Bryan Hancock
Why Do Banks Want "A Relationship" If They Want To Reduce Concentration Risk?
I recently read a piece by a popular author that observes real estate investors are gypsies when it comes to getting loans. They generally roam from lender to lender to get the best deal at the time for their situati...
Cory Edds
First Portfolio Acquisition
I’m under contract for my first rental...and it’s actually a portfolio of a few single family homes. I based my offer (426k) off a loan with 20% down payment with 3.75% interest rate over 30 years, but the bank came ...
Sunny A.
Tenant did not disclose pets
How would you deal with this situation:My tenant did not have pets when they signed the lease for a unit in MF building recently when I was there for some work I noticed they were keeping a cat.My lease says"No Pets"....
Jennifer H.
700 credit score but has 3 judements?? VS 500 credit score and late payments on individual accounts but blames divorce.
Today I was so happy to get a tenant who got a score of 700 and smart move told me to ACCEPT her! I was thinking FINALLY this is over! But then after reviewing her credit closer I saw she has
3 judgements and...
Eric Fiedler
What To Do With Slacker 1/8 Interest Owner That Doesn't Want to Sell, But 1/2 Interest Owner Does
This is an abbreviated soap opera: There's a house that I'm interested in purchasing; however, there are five interests in the property: 1/2 interest, 1/8, 1/8, 1/8, and 1/8. The first owner of the home had a debt she...
Azeez K.
MF Deal Analysis Help: 32 Units in Cobb County, GA - Would you do this deal?
Dear BP Community and MF Guru @Joel Owens I need some guidance from our experts on analyzing the deal below. By the Numbers:A.Property Information:a.# of Units - 32B.Rent Revenue Assumptions:a.Monthly: $15,200 (Avg Re...
Rafiq Merchant
Need advice on Personal guarantee requirement for Commercial loan
Hi all,I am an RE investor in the Houston area, with two SFR properties and they are both rented out returning decent cash flow per month. Last year I became part of an investment group whose primary goal is to acquir...
Dawn Johnson
Virginia Tenant claims month-to-month & moving out 11/8
Hi!
My tenant called me up 10/09 to announce she is moving out on 11/8 and giving 30 days notice.
I had a yearlong lease in place, and when it was up for renewal, I reached out by text “were you planning to renew yo...
Joe M.
What would BP do? Paying off vs other options
What would Bigger Pockets do?I currently have some options (which are a good thing). I am trying to figure out the best one to choose, hopefully you can help give me some things to think about and choose the right on...