Justin R.
Flipping mobile homes - what am I missing?
First, I plead ignorance other than everything I can read about mobile homes on BiggerPockets and mobilehomeinvesting.net in about 3 hours time. :)I own and manage a modest portfolio of MFR properties and have been i...
Michael H.
Sending introduction letter to new tenants.
I'm about 2 weeks from closing on a 3 duplex deal. The other real estate agent has been a real pain to deal with this entire process, mostly due to her extremely slow response time (to the point where I think she's sa...
Anthony Gayden
Walking the Tightrope between Debt and Leverage
What is a good balance between debt and leverage?The biggest mistakes I have made were when I assumed I was strong enough to overcome the psychological effects of dealing with debt. Last year (just after I was on the ...
Eric Benzenhoefer
Project Blog - 11 unit apartment Rehab - SE Houston Texas
Howdy BP,
I will be giving updates on this project periodically. Feel free to ask questions to drive what I write:
Here is where is started, and here is the November update:
Thank for the idea Ji...
Jake Noreau
Inherited Tenant with no Security deposit
So I am closing on a multi-family at the beginning of June and the place comes with an inherited tenant. Here are the facts:- Elmhurst neighborhood of Providence, Rhode Island.... I will be house hacking and it is sor...
Johnny Alvarez
Inheriting Tenant on first purchase
Hello BP,
Finally did it. Pulled the trigger and now I am 5 days from closing on my first property! It is a duplex in Chicago, with a long term tenant already occupying one of the units. The tenant has been there for...
Alba Alamillo
Nervous about buying a house with tenants
Hi everybody, I have been looking to buy a fixer-upper to remodel and flip.My realtor has a listing from a lady whose husband died in February, she wants to get rid of their 3 properties and told the firm to please ha...
Doug Seaney
Incorrect legal on a Freddie Mac purchase / encroachment
So we just bought a 3 bed 2 bath house from Freddie Mac for $24k (cash purchase). Yes a major fixer upper! I was telling an acquaintance about it and he said "oh you bought that?, I heard the bank foreclosed on the...
Henry Clark
Self Storage- Making an offer on land
We operate in a 40 mile radius from our house. Anything is fair game within that driving radius. We have been really hammering one town trying to expand there and looking at all potential properties with a realtor t...
Nathan Gesner
What is the hardest part of DIY management?
There are pros and cons to self-management. Some landlords are very successful. Some lose their shirts, destroy their health, and even ruin relationships. Most land somewhere in the middle.If you have experience as a ...