David Bowles
New purchase, current tenant is not current on rent
Hi Guys! I recently had a seller (another investor) agree to a 45k purchase price (cash) on a house with ARV of 60k. The house had a full gut rehab 4 years ago when this investor bought it. The current tenant is “all ...
Katie Miller
If you use a CPA or Tax Professional, how did you find him or her?
How did you find your CPA or tax professional?
If you haven't yet found a CPA or tax professional to help you save on your tax bill each year, would you want BP to help recommend a tax professional for you? We're ...
Chris Jensen
How Do You Have Time to Be So Active on BP?!
Ok time for a reality check. I'm busy. You're busy. We're all busy! And we're all on BP. Some are learning from others, some are sharing their knowledge with others. But all of you are spending time here. And some of...
Mark Robertson
Real Estate Crowdfunding Investment Ratings
I am a member of a private email group that is realizing the potential of how I envisioned a due diligence website would help investors. The plan was accredited investors could share due diligence on crowdfunding deal...
Peter Tverdov
Why commercial over residential?
I have an opportunity approaching in 2017 to buy a small MXU building ($500-$600k). I am running the numbers and between the high insurance rate and the much higher interest rates with shorter amortization schedules, ...
Christen G.
My tenant is suing me...🙄
Hey folks, looking for any experiences you can share that are similar and/or advice on how to best prepare for this upcoming Mediation date. I've never done this before.Here's the story: we inherited a Section8 tenant...
Jay Hinrichs
Who are the big losers in the interest rate hikes? Your thoughts
Right now many investors think its them and are now trying to time the market or stuck in wait and see mode.
the real losers are Tenants and those who wait thinking that the market is going to crash.
From my trip...
Jeff S.
Anyone do a will instead of a trust?
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...
Brandon Turner
Have you used any of these creative financing methods? Wanna be in a book?
Hey folks, I'm looking to tell their story for an upcoming brand new book for BiggerPockets. I would like to find people in the BP community who have used any of the following methods to buy RENTAL properties: Home Eq...
Matthew Stover
Help me understand this deal and 50%, 2% rule
I hope I'm doing this correctly. Thank you in advance.
3-unit apartment complex
Asking Price = $119,500 (I easily understand that this is way too high)
Total Monthly Rents = $1,235
Using the 2% rule, I would need ...