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Ok. Here we go. I win the dummy award of the year but I need some help to see how I can mitigate my damage now that I'm in the bind I'm in.1) Bought a townhome, fixed it up and put a renter in it. Small town. Small ho...
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I've got a tenant in a single family residence who has been extremely aggressive and demanding since moving into the home a few months ago. We re-did the house and it's in great condition- new appliances, new paint, n...
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I see that it is a common goal for Buy & Hold investors to own several rental properties. Wouldn't having multiple mortgages expose someone to an excessive amount of risk? Suppose there's a market crash, rental ra...
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We rented our home out to a family on Section 8. It was our first rental and we made errors did not do our due diligence. We discovered several violations against their lease agreement early on but faced the challenge...
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So the Owner has been dead for 3 years and and did not have a will. The brother (who i spoke with) has been paying the property taxes for the last 3 years.
The deceased owner has a daughter who he didn't have a relat...
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Hey BP,
I recently read a story about 3 entrepreneurs in their late 20s doing syndication. They acquired 21,000 units in about 8-9 years.
My question is, how is that even possible. I know there’s a lot of syndicato...
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First, I'm confused as to what exactly caused the housing bubble of 2007. It sounds like people were unable to pay their mortgages, thus resulting in foreclosure, but why were they suddenly unable to pay in the first ...
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Hello Bigger Pockets community!
I've read enough books at this point to have a pretty basic grasp on the fundamentals of real estate. One principle that comes up time and time again is cash flow. There seems to be a c...
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The numbers are in for 2021... 6 doors acquired in 2021... 8 total doors owned (all SFR)54k in rents, 24k expenses, 30k cap ex, and 30,500k in PITI...For a grand total of -31k net cash flow!!!but...400k equity growth!...
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I know a couple of older (70's and 80's) couples who had their wills updated and their attorney switched to trust and charged one $6k and another $10k. That sounds excessive to me.The last older couple I knew had a pr...