Account Closed
Quick Question about Existing Tenants / Cash for Keys
Hey everyone!I've been looking at a few multi-tenant properties in my area, and have a few quick questions. Most of the ones that I've looked at have existing tenants. When doing the calculations in the BiggerPocket...
Anthony Chara
If You're Tired of Forced Rental Property Inspections, Read This
Over the past few years as I travel the country, I hear more and more people saying that their municipalities are now requiring Landlords to let the city into their rental properties. On top of that, the Landlor...
Josh Quinn
How Long To Find Your First Deal?
I am currently feeling pretty discouraged. I feel like I have a strong strategy set (one 2-4 plex per year as buy and holds plus a few vacation rental cabins in a nearby town for stronger cashflow) but after looking f...
Steve Funder
Bubble shmubble.
Am I all alone here? People in my area can make $50/hour. Now, if we extrapolate from this, 50/hr x 40 hours/week = $100,000. Many of the people are dual income families. So a couple makes $200,000 per year. How ...
Marci Mayes
Selling using a Wrap Mortgage
My daughter currently has a conventional mortgage on a home in Alabama. She would like to sell her house using a wrap mortgage. Does anyone have any recommendations for a loan originator and loan servicer in Alabama w...
Zachary Dosch
Just getting started and wanting to discuss strategies.
Hi everybody - Long time reader and new poster.
Im 25 years old and just getting started in REI. The more research I do the more Im convinced this is how I want to invest my money. My family has also had success in ...
Markus March
Late Fee Pricing
I have a rental property in Mississippi an I charge $50 dollars late fee with an additional $10 dollars late fee every day after the 5th of each month. My question is what is a good price to charge for late fee an wha...
Iris Olivas
Should I move my rental to an LLC?
I am a first time investor and I am wondering about moving my soon-to-be rental property into an LLC. Is this a good idea, why or why not? I filed for an LLC along with my application for a business line of credit. I...
Renee R.
Tenant Training
I’ve seen many posts here on BP that mention training your tenants. Although I seen tips here and there, I haven’t seen any training doc or lists. Since I just closed on my first unit (yay!), with inherited tenants...
Steven Barr
Is anybody cashflowing right now???
With home prices still very high and interest rates now high too, is anyone actually cashflowing on newly acquired property? Even the 1% rule doesn’t seem to work anymore Example: assuming 20% downPurchase price: 250k...