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Hi everyone,All the multifamily properties I’ve purchased in the past few years have either 5 or 10 year balloon dates on them. For the veterans who were investing in the market and had their loans come due around the...
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I'm under contract for an REO residential lot that used to have a SFH on it. Apparently, the house was hit by a car and compromised its integrity so it was demolished. Right now I'm just looking To flip the land.The p...
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For a friend but it’s easier to tell a story In the first person.
TLDR: My tenant is wanting to break the lease 2 month early. Are they contractually obligated pay for those two months?
Moved to another state tempo...
Hi everyone, just wanted to reach out regarding a question I have about asset protection. My wife and I just opened up a series LLC here in Texas for the purpose of renting out the first home we bought and lived in a...
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While estimating rehab costs before you have walked through all the units in person, I highly recommend you assume that all of the units need a complete interior rehab! Even if the owner tells you otherwise, you sho...
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The end of the month is approaching fast and my property managers are already receiving indication from a handful of tenants that they were recently let go of their jobs. I anticipate the number of effected tenants to...
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Bigger Pockets Team, Help is needed!
My investment goals this year are to lock in 3-5 deals that are either BRRR or flips (mainly because I need to recycle my cash). I just closed on my first of 2020 on February 1...
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Investment Info:
Small multi-family (2-4 units) other investment.
Purchase price: $18,500
Cash invested: $235,000
Sale price: $414,500
We built 7 duplexes to be kept as rentals for the growing
p...
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We are wholesaling a property to someone we've never dealt with or met. In the contract we have that we get our fee regardless of whether he closes the deal. He says he isn't comfortable with that because anything ...
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Our offer was accepted on a nice duplex today! The tenants upstairs would like to stay, and have excellent payment history. They keep their unit spotless and have nice furniture. We want to keep them, and I saw no evi...