My partner and I just closed on a three unit the end of July. We purchased the building from someone who was not a good landlord. Two of the tenants in the building are still on his year lease. The lease is very vague...
OK, here is the situation I'd like some creative financing / deal structure ideas please.I have a deal/property & I approached a private investor friend with:I originally structured the deal to him as a 'debt' onl...
Anyone else applying for an SBA Economic Injury Disaster Loan? Based on what I've read in the Stimulus Bill we all might be eligible for a 10k grant advance.
"(e) Emergency grant
(1) In general: During the covered p...
I have been reading a lot of books on rental property investments and have heard varying opinions on what qualifies as a "good" rental property investment based on monthly cash flow. I've read anywhere from $80 to $60...
We've all seen the fear mongering that's being pushed by a lot of media outlets and influences. My question is are their thoughts justified in the current housing market. Due to Bigger Pockets being very diverse one w...
So I have been listening to several podcasts, which are all awesome and super-informative. Can't think of a higher yield source. (See www.biggerpockets.com/show75 specifically) and there seems to be a mistrust or no i...
Let's set the tone straight; most people don't get into the rental business because they like to manage problematic tenants, deal with leaky toilets or attend eviction hearings.Most people follow traditional investmen...
I want to talk about my experience taking Rich Dad/Elite Legacy Education's three days Real Estate workshop. The conclusion: it's a scam. The purpose of this post is to alert people about this $35K scam (since BP has ...