I currently own and manage 7 single family properties. I've thought about getting a property manager in the future, but I really don't understand why they require a percentage as opposed to a fee for the work done. Th...
About to pull the trigger.After a year of education, dabbling, and talking with hundreds of investors, wanna be investors, and sellers, I'm taking massive (imperfect) action. I'm a college student with a couple grand....
For the second month in row, my tenants have paid rent 3+ days late. My lease states the following: Shall tenant(s) accounts not be paid in full by 4:00 pm on the 2nd day of the month, a late charge of twenty five dol...
I have been listening to a good amount of podcasts on here and it seems to me that most investors who invest in multi family are staying small meaning anywhere from 2-15units. I understand that it depends on each indi...
Good afternoon everyone,The Tenant in my home decided to have his father mail me the check for the last months rent. I mentioned to him that after his parents paid the first months rent and security deposit I would on...
Hi,I am considering several locations (over 10) to invest in my next rental property. As such, I'm contacting mortgage brokers and filling out loan applications to get pre-approval letters. Will this impact my cred...
Hi!I'm 21 years old and graduating from college with a computer science degree in 12 months. I have $25,000 in the bank and have the ability to move anywhere to work after college. I can live near Chicago with parents...
Hey guys! I know there aren’t exactly “cheats” or just ways of going around your DTI but bare with me. I’m trying to get a pre approval but keep running into the same responses for the most part. Mostly due to my car ...
Hey BiggerPockets fam,Anyone who knows the Bay Area knows that home prices here are on the expensive side. I am currently employed at a great company working as a cashier making $17.25 but because I live(with my paren...
Im wondering how the REI world looks upon younger adults when it comes to starting out. For example, im an 18 year old, but very knowledgable. I have a feeling that if I do begin this career as early as I am, then of ...