Jordan L.
Help Please...I'm Being Sued
This is my first experience with this, and to be honest, I'm panicking. A former tenant that just vacated a property I own is suing for multiple items and a large amount of money. Mostly on items they're claiming we...
Ivan Jouikov
How is "Subject To" different from Seller Financing?
Everything I read so far has the 2 terms separated, yet they both seem to mean the same thing - seller keeps the loan, you put the property in land trust and assign yourself as beneficiary. You make payments to the se...
Bryan Hancock
Do You Carry Your Properties At Historical Cost Or Mark Them To Market?
When you do your accounting for your PFS, business books, etc. do you carry the projects at historical cost or mark them to market? If you mark them to market how do you determine "true" market value without cheating...
Jane H.
How to Direct Tenant Who Runs a Daycare
We have a good Tenant who has been operating a daycare, prior to Covid, she had 6 children allowed in the Lease. (State licensed her for 8, but she did not notify us ahead of time about her business). We need to re-wr...
Mario F.
Analyzing a potential Deal
Hello! I was wondering if I could have some help analyzing this property in Inglewood CA. It's on the market for 255k but there is no way this will cash flow for that price so I won't even try to buy it unless they...
Giovanni Montesclaros
Buying a $50,000 property for $5,000?
Buying a $50,000 property for $5,000... Too good to be true?
I have obtained a list of properties and the amount of property taxes that are over due by the homeowners.These homeowners have not yet lost their prope...
Anthony Blanco
Streamlining Multifamily Deal Analysis
Hello BiggerPockets community,
I've been searching the internet lately, sifting through a multitude of deal analysis tools, Excel templates, proformas, and DCFs, all aimed at deciphering the viability of multifamily ...
Keith W.
Risks associated with Lease Options
Lease Options look beautiful as long as everybody does what they are supposed to do.I haven't heard anyone address the possibility that the seller doesn't make the mortgage payment and the property goes into foreclosu...
Ray Thorsen
What do I do if my old tenants don't close on there house.
I have a tenant who is buying a house and moving out of mine......I hope. They were supposed to close 3 weeks ago and are due to move out April 10. I have a tenant ready to move in may 1. If they issued notice and ar...
Erik Sherburne
Duplex vs Fourplex same cash flow (which is better)
Assuming all things are equal (CoC return, etc.) is there any advantage in have four units vs two if the cash flow is the same? I like to consider time spent as so in this scenario I would spend less time on two uni...