Hello BP Family,My Father passed away on Oct 7th, leaving me his IRA which is valued at $750K, as of today. My wife and I both work full-time jobs, and own 3 rental properties (in a series LLC) putting us in the 35% t...
My tenants are moving out and I sent them a letter informing them of the process for the move out inspection as well as returning their deposit. I asked for a forwarding address to send the deposit via certified mail...
I’m considering purchasing a two family rental property with Pre-existing tenants. Thank youIs it customary to ask for some sort of proof that tenants are paying rent. And what kind of proof can I/should I request.
Hello all, I have a couple questions regarding subject to deal structuring and have looked everywhere and have yet to find a answer. So with that being said, my first question is what contracts are needed to get a sub...
I have several free and clear properties. Besides HELOC or lines of credit are there any ways people are using built up equity to secure their deals? I have heard of a way to tie a property with equity to others to sa...
Hello all,Been lurking around the forums for a while and always love to see the advice and knowledge everyone is willing to share.I have a "hypothetical" situation and want to get your thoughts. A person has 100k to w...
Hi BP,I have a rental where 4 young women (mid-20's) are renting out my 4-bedroom home in an A/B suburban neighborhood. Several weeks ago, a tenant's vehicle, a BMW, was stolen overnight, and at the same time a neighb...
I have a situation where a 94 year old friend is a motivated seller. He is willing to do a master lease option with me. I want to acquire the 4 plex units and keep it as a buy and hold. I don't plan to sale once I acq...
To keep the story short, employment changed via a corporate buyout. Pay structure and scale changed. Conventional underwriting is having a hard time due to the extreme amounts of overtime (168 hrs/week).
Just look...
Hello bigger pockets community! I'm 21 and have been saving for the last 2 years in order to invest in a multifamily. I will try the house hack living method and thus will help open my investor portfolio. I can either...