Matt Higgins
What part of Minneapolis & St Paul are best for investing
Hey BP, I’ve been tasked with building a portfolio from scratch for a couple guys. When I built my portfolio I started in the suburbs and moved to some out state markets that have become my niche. The prices in the...
Joe Splitrock
Teaching a child about real estate
I am looking for suggestions on how to teach children about investing in real estate. I have an 8 year old that I would like to raise with an investor mentality. I have read the Rich Kid Smart Kid book. We own and man...
Will F.
West Palm Beach or Lake Worth Florida Multifamily Investing -1031
Anyone in West Palm Beach or Lakeworth have some local knowledge and want to meet up tomorrow?I'm from California I'm looking at a 16 unit and a 24 unit as an upleg property for my 1031 exchange.I have never been to t...
Mike Watson
How do you stop scarcity and fear?
Sorry about the long post. I think it is pretty cool though. I had an amazing portfolio going for almost 17 years and got hurt very deeply in the world-wide crash a few years back. It took a deep toll on me. I went...
Cathy S.
Tenants not paying rent and applied for Covid Rental Assistance
Not sure if anyone has any advice on this situation / is in a similar one.
I have inherited tenants and they were great about paying rent since I got my property. They paid on time for about 4 months. Then they told...
Arthur Mayer
How would you make money in this scenario for a non-performing 2nd
So here is the scenario:First Lien is $150,0002nd Lien is $40,000FMV: $80,000Borrower is 120+ days late on both mortgages and is in Chapter 7 Bankruptcy.Assuming the Property Taxes + Late mortgages there is about $20,...
Michael Fortier
Renting to multiple college students
Howdy I live in Lubbock and the city ordinance states no more than two unrelated people can occupy a house together. I believe most college towns have similar ordinances. I hear people all the time say you can get bet...
Mas Yoshida
Growth Strategy and Self Directed IRA Rules
Hello fellow BPers!I'm a newbie investor who has been looking for my first buy and hold property for the past couple months. As I continue my search for the first rental, I am debating my overall strategy on how I sho...
Nettles Mason
Suicide Discount
Odd topic but real question. My partner just called asking what we should offer on a house. Absentee Motivated seller with recent suicide in her house. Any idea's
Julia J
Gas bill
Hi Everybody,
I own a small building with 5 units and I pay all the utilities except electricity. The gas bill increased over the winter but doubled for the month of February. I suspect some of the tenants (I had som...