Blake Elder
Tenant Screening- Convicted Felons?
Good evening! I have been a bigger pockets member for awhile, and my wife and I recently purchased our first investment property. It has 7 units and we are in the process of filling two of the units. I have a twofold ...
Paul Brown
What would you do if you already had 100+ lower skilled workers
I know this is a strange post but I am looking for advice/guidance. I own a moving company in the Chicago area and have ~100 employees (full+part time). We are very seasonal and even during a month busy only at certai...
Tim Richardson
Starting out with $100,000 cash - what do I do?
Hi everyone. I am brand new to the Bigger Pockets Community but love the info so far. I am selling my business and will have at least $100,000 cash to get me started, plus ongoing payouts over 4 years that cover my fa...
Sam Smith
Busy accredited investor looking for low risk investments
As very busy professional, with accredited investor status, I want to find a low risk investment preferably passive to park my money in case the market goes south. According Robert Kiyosaki you can only build wealth...
Kamil Kaczmarczyk
Going from residential to commercial multi family
Hi,I want to get into the bigger multi families. I am located in northwest Chicago. I currently own a single family. Was planning to get a 2-4 unit to ease into it but if I see a good deal on a 5+. I want to be prepa...
Melissa N.
Replace water heaters?
Hello all,We are closing on a 12unit next month. The inspection showed there are 8 water heaters that are near double life expectancy (so they are 10 year water heaters but some are 18 years old). Would you replace th...
Adam Craig
I am at the point where I need private money for my term loans?
I have 24 commercial loans on single family rentals spread across 3 banks. Each bank seems to have found their appetite with me due to my total loan numbers getting high. I called about 40 small banks in Ohio just to ...
Mr Good
Crunching the numbers
Hi,
I want to buy a single family home as a longterm investment. I already own a nice home and I have around $300k in short-term CDs ready to invest. I like the idea of earning rental revenue far more than the stoc...
Michael Conrad
Primary Residence Loan Requirements - 1 year vs 6 mo - 2nd home
Hi All,I am researching the time requirements between purchasing primary residences. I was told over the phone by a local lender in CO that I would be able to buy another home as a primary residence. My wife and I bou...
Zane Abner
Self-Directed IRA
Good morning,I had a real estate investor friend, that is also new to real estate investing, mention that a self-directed 401k or IRA can be helpful for tax purposes. I am looking for assistance in finding correct/hel...