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Results (5871)
Jim Peckey Requesting help with screening our first tenant!
28 May 2020 | 23 replies

Hi BP,

As
rookie landlords, we've recently listed our first unit for rent @ $850 per month - an upper 1bed/1bath apt in a duplex that we owner occupy & currently live in the lower unit. We're hoping to get so...

Elliott Kim First-time Chicago multifamily in contract - Close or Pass?
30 June 2017 | 34 replies

Hello BiggerPockets,After about half a year of learning and searching for my first investment property, I've finally found a property which I plan to “house-hack”. We are in contract now and the inspection period ends...

Alex Silang How do RE empires typically collapse?
23 March 2014 | 42 replies

1) Not keeping enough reserves. Big expense hits and owner cannot handle it

2) Fix/flip - unforseen repair needed. Too many deals go bad.

I'm curious to hear how RE empires go down during recessions.

Robert Coomer Apartment Building Question
24 November 2020 | 42 replies

Hey Everyone,
I just found an apartment building for sale at what I think is a great price, but I would like a second opinion. Here is the information:

List Price: $345,000
Units: 16, All 2BR 1BA
Rent Price: $600 per...

Reid Simonton Lender won't allow transfer of ownership to LLC
19 August 2022 | 49 replies

Hi all,

This is my first post on BP - I looked around for similar questions/answers and couldn't find a good match so I figured I'd go ahead and post; hopefully this is the correct forum for my question. First, a li...

Robert Arnold Have you had a loan called after transferring a property to LLC?
15 February 2020 | 66 replies

Purchased a property in my name with a 30 yr fixed mortgage (big corporate bank). Have sense formed an LLC. Planning to transfer into the LLC. Would love to know if anyone has done this and the bank called to load due...

E J 1 Page Contract - Legality
4 August 2010 | 35 replies

I created a 2 page PSA to be used when wholesaling deals, but my attorney was concerned there was so much missing from it that's in the standard form. But really, does it even matter if a lot of the specifics are miss...

Antonio Bodley Where do gurus get these ideas?
4 May 2013 | 38 replies

Where do gurus come up with these real estate investing tools they use to do all the work an investor would do themselves? I get emails all the time from gurus inviting me to come to some webinar talking about an awes...

Account Closed How To Strip The Most Equity - My Dilemma
12 December 2020 | 85 replies

Here is the scenario. I have a home that I’ve owned for 6 years. It’s worth about $380k and I owe about $240k. I want to strip out as much equity as possible. Today a wild idea occurred to me and I want to consult the...

Brandon Hicks Pit bulls as service dogs.....
30 January 2018 | 112 replies

Just got a call in Indiana from a lady whose kid has a pit as a "service" dog. Thoughts on this? Can I still discriminate against the breed as I normally do with pits, rotts and so on even if they have papers?