Ray Reed
inherited 85 year old tenant but rent is way below market
Hello BP,I recently closed on a 5 unit property where all of the units are way below market. With the current rents I am operating at a $200 monthly deficit. All of the residents are on month to month leases and this...
Brandon Vannier
Investing out of state, would you do it?
I live in San Diego, CA and have been looking for options locally but the numbers aren't adding up to my planned budget. I have been looking out of state at cheaper multifamily homes and those seem to bring the cash f...
Quamal Burton
Should I Quit My Job or Stay?
I've been considering quitting my job a lot lately, should I? I recently purchased my first 3-flat where I should be able to successfully house-hack. Mortgage is 2k and rental income should be about $2600 a month. I m...
Jack B.
Tenant said he'd be naked when I'm doing tours for new tenants
They gave notice of move out end of March. I've had two showings in about 1.5 weeks. Usually I do an open house in summers but it's slim pickings and waiting for enough people to justify an open house is not feasible,...
Phillip Gonzales
Section 8
Hello so an interesting subject always in my head is should I rent to section 8 or some other form of government housing? I know its a guaranteed rental income, but it is worth the hoops you have to jump through can s...
Mike Mullins
The Bigger Pockets Method???
I've listened to several podcast and watched many webinars and they have all seemed to be blue sky positive type information and gives me hope. But then I read comments to questions posted in the forums and those are ...
Account Closed
PEP fund with Lane Kawaoka
Has anyone else invested with this guy? I got roped into this PEP fund he was advertising by a friend who had invested with him before. The fund was advertised as a boring "preferred equity" fund that pays 10% a yea...
Melanie Stephens
Biggest Mistakes/Lessons Learned: Short-Term Rentals
Hey everyone!
My name is Melanie Stephens and I write the “Biggest Mistakes/Lessons Learned” column for BiggerPockets Wealth Magazine.
I am looking for BP Member stories for an upcoming column on Biggest Mistakes ma...
Nathan Gesner
Tenants owe $17,000 in rent; Landlord sells for $70,000 loss
I expect to see more of these in the near future. The COVID moratorium is one of the worst actions taken in my investing history and will cause a lot of Landlords to walk away, file for bankruptcy, and more. As the ge...
Courtney M.
$100 per door/cashflow
I have probably a dumb question, so bear with me!I've seen the $100/door evaluation criteria discussed, and cashflow also discussed. I've listened to a few podcasts where people are discussing cashflow with regards to...