Daniel Carman
My 10 year journey to purchase my first 24 unit apartment complex
Short Story: Refinanced 5 single family units into a 24 unit complex.Back Story: Purchased my primary house(105K) thru auction with a very friendly but very real loan thru my parents(70K), I was originally looking at ...
Ko Saynourath
Mutual Termination Agreement
First off, I'm new to the BP community and I just wanted to say and give a slight intro about myself. My wife and I have been landlords for 16 years and now have three properties simply because we just converted our ...
Mary Schr
Please Help: Unique Tenant Situation
Hi everyone,I posted earlier but it didn't go through so here it is again: any insight or help would be greatly appreciated.Here's my situation:-I rent an apartment where I live with my family.-I recently bought a coo...
Omer S.
Problem Tenant Rent Collection
Hello, I have a problem tenant and the latest is I have a failure to pay rent judgement against them. Today is the day I can file for eviction. Last night I get a text from the tenant saying I can come pick up the r...
Bob Faulis
$150MM mixed use under way after being broken 20 years, $10MM away
Diary entry One- I just spent a month doing the due diligence, aligning the management team, developing relationship with key players (particularly the lender), and I am almost there. Well, .. . . was almost there. ...
Ryan Dossey
Thinking about getting my conceal carry....
I think I am going to get my CCW. I have several guns and dozens of hours at the range. Given the fact that I am often meeting with people that I met online and showing a house I think I would feel more comfortable. I...
Lauren Hogan
(SURVEY) It's tax season and we have a few questions!
BiggerPockets would like to know how you approach taxes. I've created a (less than) 5-minute survey and it's completely anonymous. You can take the survey here: https://www.surveymonkey.com/r/MJY6RD8 Thank you to ever...
Account Closed
Sponsor's promote based on Cash on Cash Return instead of IRR?
I know people frequently structure deals with disproportionate distributions to the sponsor to reward them for their performance. Every waterfall model I've ever done has used IRR targets as hurdle rates. This is grea...
Eric Jones
Tenant Frequently Late But Pays Late Fees - What to Do?
I've had a tenant now for about 4 years and they are all around good tenants and good people. They have really made the house their home and will likely stay for years to come... The issue is they are late on rent... ...
Kyle Meyers
Starting my LLC, but I already have the properties
I've been reading all the posts and blogs about having an LLC in addition to my insurance policies and I thought I should get to it before I get much further into my investing. I have a few questions though that I'm h...