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For about two years now, one of our tenants has been paying for rent in cash. I am almost certain nothing illegal is being done to obtain this cash - they are in a band and receive tips for that and his wife is a wait...
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Hello All
I have a pretty good grasp on the BRRRR method and how it works (I think). The only thing I don't fully understand is the financing to purchase and rehab the property. I've called several banks and in gen...
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Okay, here's the situation:I have a partner who wants to invest, but basically is relying on me to find the good deal. I see a lot of these 50/50 deals where there is someone who has the money, and someone who has the...
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In August on 2017 as a new investor I reached out to BP wanting to invest in a cash flow, turn- key rental. I was quickly approached by Steve Haight from Las Vegas https://www.biggerpockets.com/co/sh-land-consultin.....
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Hey BP Family, I want to thank you all for the great advice I've received over the last few months; it's all starting to pay off. A week ago today I closed on a duplex in Olathe, KS using an FHA loan. Two days late...
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Hello everyone!I'm curious to know what you all think about a brand new investor (I own one condo and rent out the extra room) looking to out-of-state rentals to get started. I live in Denver and don't want to let my ...
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I live in California but all of my investment properties are in Michigan and so far the biggest hurdle has been finding a good property manager. I’m on my 5th property manager right now and at this point I’m seriousl...
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Hi,
I'm looking for an idea of what kind of financing I can get. I'm looking to quit my job in about 6 months, so need to make my purchases one after another until I'm tapped out because after that loans won't be an...
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I have a For Sale By Owner house under contract. The closing deadline is February 29th, which is this Monday. I received a text this morning saying: "After a lot of thought and discussion the past few days, my husban...
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We all know the process of real estate helps when there is a construction knowledge background. My first experience as a landlord turned into a mess and my inspiration is dwindling.
A year ago I listed my first rent...