Chris Calabrese
How to set up profit-share between investor and contractor?
I'm trying to get a REO under contract, cash purchase. I have a good contractor that will do all the rehab, and in return I will split the profit with him (not sure on the % yet). What's the best way to set this up ...
O'Neil Mbakwe
Buying a home where a tenant refuses to leave.
So I recently got a home under contract in Waco, TX. Currently, the owner of the home rents it out to a tenant though there isn't a lease agreement. The seller informed the tenant that she was selling the home, but th...
Bhaskar Upadhyayula
Tenant trouble in 4-plex (Austin)
Hello All,I'm a first time owner of a 4-plex in Austin. I bought the property couple of months back and inherited 3 tenants (and 1 vacancy). All tenants have long term lease (mid to late 2019). I examined their lease,...
Richard Mercurio
College Student Rental Lease Renewals
I signed my first student rental lease in May 31 2018 , immediately after i purchased the property. The lease is up this May 31 2019. My hope is to resign with the existing students, all sophomores. How and when sho...
Tatyana Shevnina
Impound Account Cancellation Question
My lender would not let me cancel my impound account until my LTV is 80% or less. Their LTV is based on the appraisal from 1.5 years ago (much lower value) rather than current FMV and they wouldn't revalue the propert...
Sam S.
Breaching the contract of a lease
We had 3 students signing a single lease together for my rental property. The lease was clearly written with a clause for "12 months" term. Without any notice, One of the tenants left the country before the lease was ...
Richard Mai
Exploring Co-Ownership of Property: Seeking Advice and Insights
Hello Biggerpockets Community, I'm currently considering a unique opportunity to go 50/50 on a property with a friend, and I'd love to hear your thoughts and experiences on this matter.Background:
My friend and I are...
James Bergstrom
neighbor rights in response to next door tenants causing issues
I am curious whether BiggerPockets has any forum concerning neighborhood rights in respect to absentee landlords. I have been a landlord several times in my younger days and now live in a small town neighborhood that ...
Kyle Marsh
Should I invest in my first multi family property with a friend?
Hello,I recently graduated college and I am interested in investing in a multifamily property. All properties in the markets I am looking at are very expensive, and I am considering house-hacking a property with a fri...
Brent Raber
The best time is now! 11 units by age 21
It can be done! Who says age or money will stop you. I started with $1,500. Funded my first deal for a duplex I purchased 3 months after I graduated high school with a private investor for 4 years at 3% interest. 100%...