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We have 2 single family rental homes in California which have no mortgages. Cash flow is relatively high since only property taxes and insurance are outgoing payments (and necessary maintenance/repairs).The propertie...
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Rent is $1100 a month. Tenant has been late paying the last 2 months and then only paid $800 before it went late this month. What can I do? I will not be renewing the lease for them but that’s in February...
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We want to do right by our property manager and ourselves. We own a multi free and clear and want to get it into his hands, but also want some income till we die. If we sold the multi to him for no money down and 5% i...
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So I’m writing this post with a sincere feeling of gratitude for this Bigger Pockets community. I started investing in properties 10 years ago, bought a duplex and house hacked when I was in my early 20s, then went o...
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I understand how the deal syndicator will get paid on a deal (asset management fee, acquisition fee, etc) but how (specifically) would an investor who puts money into a deal get paid? Concept and examples are apprecia...
Inherited my fathers property which is a four bedroom two full bath 1400 square-foot home 900 feet is a slab and the other 500 ft.² is a split level with basement on bottom and two bedroom one full bath up top. Comps ...
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I just bought a condo for $72,000 (appraised for $90,000)I put $18k whole remodeling . I’m living it now , It worth $120-129k . I was wondering if the best option would cash out finance it and go to another deal and k...
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I feel like I already know the answer to this, but would love ya'lls input, thoughts and encouragement, regardless: We've inherited tenants in a triplex all of whom were on M2M. Immediately we evicted the upstairs uni...
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Hi all,I am in a deal with a guy looking to wholesale but he is looking for a buyer. I am providing a buyer for a referral fee. I need to draw up a contract or agreement for this. How do you recommend I do this?An ans...
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I have a SFH that I purchased using a HML and have owned the property for 4 months. Now I am looking to get a loan on the property to pay back the lender. Property was purchased for $35K and we put $30K in rehab int...