Sara Finley
Sell or Keep or Cash out Refi
Hello! In need of advice from you smart RE peeps.
We have 4 rental properties plus our main house.RH #1: Owe $13,000 - rented at $1200/month (long term tenant moving out May). We could easily rent this property for 1...
Michael King
Owner Finance Deal
Hi everyone, Let's say there's an older gentleman who owns a multi-family property free and clear. Bought it back in '85 for $30K and is selling it because he lives a good distance away from the property, is older ...
Account Closed
Abandoned apartment complex, owner/LLC dead - how can I buy
So I found this 100+ unit apartment complex that's been abandoned for at least 4 years. County Records gave my the name of the LLC and that there's $70K past due in property taxes. When I researched the LLC I discover...
Nathan Gesner
What is the most common excuse you hear as a Landlord?
We've all heard the excuses:My grandma died and I had to fly to (name the state) for her funeralI had to go back to (name the state) for my best friend's weddingSomeone stole my identity and emptied my bank accountI'm...
Jason Schimer
How BiggerPockets Saved My Life
I swear this started out as just a sentence:
I was born to a father that would drive me to school teaching me about stocks, bonds, mutual funds, anything and everything that involved money. He didn’t drill it but I cr...
Steven Lee
Refinance for the "crash"
Would anyone refinance their home and hold the equity of it to have enough money for when more affordable homes come up (possibly during the down turn of the market)?
Evan Kraus
Checkbook IRA Representative
I currently have a Checkbook IRA that I invest in Mortgages.
Since I started the process I have had some issues with the company that set up the IRA. They are not the Custodian but only a representative. Once...
Jeff Whitener
inherited a house
Hey everybody,
So my brother and I inherited my grandmothers house about a year ago and now are renting it out. The house is paid in full, so everything after taxes and insurance is cash flow, which is great. I howe...
David Shives
who does 1031 exchanges
Has any investor done a 1031 exchange on a 2 family and whom did you use as a qualified intermediary?I need a qualified intermediary who knows what they are doing
Jared Vidales
Houston Insurance INSANE!
Hi All,I just entered the Houston market with the goal of buying long term rentals. I closed something in Missouri City the other day, and the insurance was $3,000! The home was worth about 145k. Im now underwriting a...