Clarence Watkins
As a REI what do I look for in a financial advisor?
I am new to BiggerPockets. I’ve been doing property management, building fixing and holding for near 40 years - the last 20 years independently. My wife and I are retirement age now. She wants the security now of a fi...
Jacob Haskins
Inheriting Tenants- No proof of lease, verbal agreement only
Hello BP community!Tomorrow I am slated to close on a duplex, and I will inherit tenants. The seller has stated they do not have any paper leases, as everything is verbal. The tenants are long-term (about 10+ years)...
David Kay
Investors want to partner with me, what are my options?
I sold my house a few months ago and am getting ready to buy my first multi-unit property. I have a high income and can buy my first property myself.
However, I have many friends that are nearing retirement a...
Sathiya Deva
Planning to invest in multifamily unit...
I live in Thousand Oaks California. I have one single family rental unit(zillow estimate $650000). I have a equity of $250,000. I don't have positive cash flow in this property. I have one rental condo unit in Simi Va...
Brett D.
Looking to 1031 and add our son (not transfer)
I bought a lot of land a couple years ago. Then secured a construction loan for a SFH to be rented out. Construction started, but between the lockdowns and a hurricane last year, it took too long and the lender bail...
Thomas C.
Personal Line of Credit - Use it or leave it alone?
Folks, I have a $30k personal line of credit (6% variable APR) and am wondering if I should use it for anything or just let it sit there and look like I use 0% of available credit. I've had varying responses from coll...
Ope Akanni
Help needed with financing my first deal and path to scale -Stuck
Hello everyoneI will lay out my current situation and hopefully get some experts to advice on how to go about things.I bought my primary residence home in June 2021 (new construction home) and building and closing won...
Yuzi Stha
Tenant requesting to allow guest for 30 days!!
Hi all,
I have a tenant asking me to allow his guest to stay for 30 days. This is for the unit they are renting in a triplex house in Massachusetts . According to the lease, it states guest are allowed to stay for 10...
Tim Coppola
Refinancing while unemployed
Greetings everybody,
I had started my refinancing of a 3 flat that I own about 2 weeks ago. Unfortunately I work in the restaurant industry in Chicago which means, as of today, I have been placed on furlough by my re...
Account Closed
Pitfalls you have seen
When people get into Real Estate investing for the first time, they generally are pretty Doe eyed. They have dreams of making it big but seldom have a realistic vision for what that will entail. It is not uncommon for...