Dan Remmert
First property! First Multifamily!
Well after many months studying REI, we took the plunge with a 6 plex. It is 3 small duplexes on a lot. Cash flows well, $1200/month (at least for first attempt). Pretty exciting!We have also put in another offer a sm...
Daniel Ghaffar
Is now a good time to BUY my first home? (Toronto, Canada)
Times are tough but my business has not seen the slowdown that many have (yet). I am accustomed to working from home as I have been doing so since I started my company a few years back. I have saved up enough for a la...
Marcus Wallace
Where can I get the one page contract for Texas?
Hi I'm new to wholesaling and I live in Texas I wanted to know where can I get the one page assignment contract that also have the clauses where I can back out if I can't sell the contract? And also where can I get th...
Gary Lambert
How to do a Construction Exchange into Self Storage?
I am about to accept an offer on 2 large tracts of Timberland I own. I have found a tract of land that I would like to build Self Storage on. I do have to change the zoning on the property and feel fairly confident th...
Blake Pedersen
In need of advice for helping my parents
Hi everyone, I'll try to keep this short. I appreciate anyone who takes the time to read this:My grandma owns a property with a few rentals on it. She's a very stingy person and refuses to properly maintain her proper...
Mark Miles
Knowledgeable agent or Responsive agent?
I recently started looking at REI in a new area that I haven’t invested in before. It’s a fairly remote area - there aren’t many real estate agents & the ones I’ve talked to are fairly low quality (uninformed abou...
Bill Marcotte
Potential tenant just out of bankruptcy.
I have an applicant that is JUST coming out of bankruptcy. Case is getting closed this week. Medical bills were the culprit and overall seems like a very decent tenant. Income is guaranteed under disability and social...
Tony R. Yagiela
Raising rent on inherited tenants
Hello fellow investors!My question is about how you would communication a rent increase to a tenant I inherited when I purchased a property.The Duplex is located in an ‘A’ neighborhood and both sides were occupied by ...
Haus Kauffmann
American expat buying single US residence - LLC or not?
FriendsI'm living and working outside the US, and will continue to do so for the foreseeable future. Each year even after FEIE I have a modest tax liability to the US. SHORT TERM:Buying 1 SFH, and as a form of pers...
Michael Nahm
Damage to granite in kitchen
Hi to all in the BP community.I recently had tenants move out of my rental after residing there for a couple years.Usually, I’m rather lenient on damage and wear and tear, and have rarely not returned a full security ...