I saw a post that the other day where a BP member called out another member and accused him of being...full of shot....good stuff. Because it’s good when you know someone is watching. Is it possible @biggerpocketsmo...
Hi I am looking for opinions on the following strategy. I have a 4 unit property in LA area worth about $1mil with $500k equity. It nets $1500/month after debt service. I am considering pulling $200k out for investmen...
Banks have led a great many people to believe that the mortgage mess exists because too many loans were given at or around 100% LTV.
That is hogwash spread by banks because the...
There is a triplex listed in a class C neighborhood, it's fully rented and 2 of 3 units have already been renovated. It will cash flow $1500 per month. Is it worth being in a Class C neighborhood?
Being a rental property owner comes with its challenges. Filing an eviction on a tenant that is behind on their rent is the only way to be successful as a landlord/manager, BUT....this time it’s different. This is a o...
Hi folks. I'm currently a small time investor in Alberta. I'm ready to buy again and Alberta is a bit scary to me right now. I have some connections in the Okanagan and I'm wondering if there are any Alberta investor...
Hi BP!Been devouring the podcast over most of the past year as I've tried to absorb as much as possible about real estate investing, and figure its time I stop lurking and start being active on the forums! I reside in...
First time land-lording, so go easy on me :)
The area my property is in has coin-op laundry in the basements which seems to be common on other similarly rented properties in the area. I would deem the neighborhood a...
Need advise... I have a tenant who has been good at paying rent for 1 year or so and he is now beginning to pay late. I waved the late payment fee on his first late payment and he was late again 3 months later. I thi...
I'm looking at properties in Chicago and these rules of thumb are basically impossible. I've been listening to the podcasts and reading about the deals, and the numbers are always for these cheap areas, whereas I'm l...