Kevin McGuire
Passively investing in passive income generation
Hello fellow BP'ers,I have a friend who is starting his retirement but is anxious about no longer "getting a paycheck". The issue is psychological, not financial. He's been financially fortunate working in high tech, ...
Lonnie ADams
HELOC or Sell Rental to purchase more units
My wife and I are currently in the process of flipping a house and we own another. The house we are flipping we paid cash for and are paying cash to rehab it. When the flip is done we will be into it for around 180k...
Joe Kato
Dog bite, now what?
I had a tenant's dog bite someone in their apartment. I said dog must leave immediately. What else should I do to protect myself as owner?
Brian Edwards
MBA: Is it worth it?
Hello all,
My name is Brian Edwards. I am new to the forums but have been listening to the Biggerpockets podcast for about 3 years now. I will be graduating from the University of Georgia next month and have been try...
Brandon Foken
Signing the Contract on Deal #1: Next Steps?
Howdy BP Nation,
Today is a great day because a seller I've been working with for 3 months, called me up this morning and said she's ready to finally sell her duplex to me. Signing the contract tomorrow after...
Samir Shahani
Cost of property management company
I just engaged my first property management company.They suggested that to find a tenant it will cost 1 months rent for commission split.ANDOn an on-going basis, we will be putting the property under their management,...
Daniel Johnson
Purchasing Duplex, converting to triplex
I am working on an offer to purchase a property that is currently a duplex. It has strong cashflow, and is in a desirable area of town. The zoning allows for a triplex, and the unit most likely used to be an illegal q...
Steve Shaffer
Smart NOI boost or shiny object?
Hello all. I am located in Fargo, ND and currently have 62 units across 16 properties. I am using third party property management at 6%. The items I find myself needing consistently are cleaning, maintenance, lawn s...
Sean Rhodes
3 key things to look for in Property Management
Hi BP!! Well I think I’m finally going to pull the trigger on some long distance real estate investing. I’ve found a place that looks pretty promising for monthly cash flowing rentals. So now one of my biggest fears i...
William Tidd
Self Storage Deal Structure
I am new to real estate investing and working on putting together a deal with a partner. Since I have never worked with a partner before or owned self storage I would be interested in any advice.The property is a smal...