Justin K.
Cash flow to purchase price comparison
So everyone is looking for that elusive cash flow property that Brandon always talks about on the podcasts. That one property that you find that is a true cash cow that makes this time and effort all worth it.But....w...
Katie Miller
What's the best recession investing advice you've received so far
Hello! I'm looking for a few quotes for a future issue of BiggerPockets Wealth Magazine. Do you want to be featured in our next edition? If so, please answer the following question and I may use your name, city, and s...
Will Gaston
What's the best or most useful clause in your lease?
All:I'm about to begin the annual update on my lease for my student rental properties. What started out as 4 pages in 2006 is currently 17 pages long. And I expect it to fill 1/2 of the Library of Congress by the time...
Maxwell Frenkel
NYC House Hacking- Multifamily Townhouse
I am looking for advice on house hacking in NYC. My business partner and myself are young professionals in NYC looking for an alternative to the pricey rental market. We'd like to purchase real estate somewhere close ...
Nathan Langdon
Raise Rent to Market or keep good Tenant?
I just closed on a duplex in April using FHA financing to do a house hack. The market rent for each of the units (both 3 bedroom + 2 full bath) is approximately $900 each. I have inherited the tenant living on the ot...
Olga Levin
Lent money on second lien to a rehabber who stopped communicating
Hello BP community, Really need some help and ideas on dealing with this situation. I know I probably shouldn't have done this deal, but I have lent on 2nd liens successfully before. This one however, gone pretty bad...
Lora H.
Prospective Tenant contacted Landlord's FB friends w/o telling me
Hi BPers! This is a new one for me and I'd love some feedback. I just moved and am trying to rent out my previous home which will give me my 2nd rental. I have been vetting out a joint applicant couple. I educated...
Michael Sokolski
When should I start my LLC?
I'm just starting in REI and am trying to learn as much as I can now. I was wondering at what point should a beggining Real Estate investor create their business entity. I've decided on an LLC. I don't have any pro...
Peace Lily
Help! Burst pipe and tenant DEMAND reimbursement
Hi BP members, We had 2nd floor tenants went on vacation and they turned off their heat for one month, so this Monday the water pipe busted. The water gushed in into the hallway and basement. 30min later, another wat...
Scott Rudd
REALISTIC EXPECTATIONS
Hi Everyone,I'm new on here and trying to learn as much as possible. I have finally decided that I'd like to start building a passive income - this has led me to the idea of buy and hold Rental properties as the sto...