Tom Lipps
Walmart Paint in Rental? Color Place Country White
Hi BP,I just bought my first rental property (Duplex in a C+ area). $82k purchase price.I'm going to be painting this Saturday and found Brandon's article about using Walmart's cheap paint; Color Place Country White. ...
Mike A.
Feedback on deal - Jersey City
Need some feedback on a deal we're under contract with in Jersey City. We actually went to contract just before the pandemic hit the area. Since then, we requested a 75 day extension on our due diligence, and the sel...
Matt Liu
Tenant threatening to sue me for falling down stairs
I inherited lousy tenants in a property (year lease) who are threatening to sue me for a slip down the stairs. She didn't seem injured but yadayada had to go to the doctors and did xrays yadayada. Now they're saying s...
Account Closed
Was told to use LLC but Financing is challenging
I was told to drop my home into an LLC ASAP. It's in a single-member LLC. It's owned free and clear and now that I want to pull cash out via a refinance, no one seems to want to work with me. But if I pull it out of t...
Justin Harford
My tenant got shot. What do I do?
Greetings bigger pockets.I need urgent help. I am living in an owner occupied duplex and renting out the other side. This is my first rental and I closed last December.My tenant just got shot last night. It's not clea...
Nat C.
Never take in strays!
This is an interesting story for home owners in Florida. I just went through 2 weeks of hell but I finally won.I met a young couple who were unemployed and had no where to live. I allowed them stay in my house providi...
Nathan Gesner
(Update) Another Tenant died...and then two more!
I received a call from concerned neighbors. This Tenant normally goes for walks every day. Nobody has seen him for three days, his lights are on, and his truck has not moved. I go over for a welfare check and find him...
V.G Jason
Asset Protection: Two Company Structure Questions
Hello,
I have a question about forming LLCs to protect my investment properties that I intend to start doing here shortly. Before someone says, you don't "need" an LLC. I know I don't need one, I do prefer one for an...
Justin Silverio
What is your best rebuttal?
When talking to a seller, what is your best rebuttal for "A real estate agent said that I could get $X for the home".
Assume $X is much higher than an investor would be willing to pay.
J. Martin
Leasing tiny homes.. Another strategy..
I've been looking into the possibility of tiny homes, airstream, or something similar as an AirB&B spot to plop down somewhere... Interestingly, someone has got creative, and is leasing out their tiny home to some...