Hey ladies and gents, I recently move from my old home and decided to rent it out to pay down the mortgage. My wife was a real estate agent so we used her old firm. I spend close to $6500 before signing an agreement...
Is this a common occurance in your experience? I know it happens, going through my first time now.Of course I traded some texts, and said I'd prefer to not go the legal route, but she wasn't going to pay so now we are...
Here's a list of my pros and cons of medium-term rentals as compared to traditional LTR. This list is based on my own personal experience of running a monthly rental in Austin, TX.Cons:1. More turnover - My average st...
Wondering your thoughts and opinions on offering incentives to current tenants? Incentives for referring a qualified friend or family member to lease one of our vacant units? Incentive of some sort for tenants who con...
I already own 2 properties (one locally, one vacation rental) - and my vacation rental is doing rather well. I was able to buy back when I could for 5% down and am still breaking even if not making a profit. My neig...
I've flipped some houses in the past, but have never used any creative financing. I have a chance to buy on a lease option, do minor repairs, and sell easily for about 10k profit.
How does this work when I sell the p...
Hello, bigger pockets.
My name is Eric Kartman, I am 21, and I'm from Fort Wayne, IN. Recently over the last month or so been listening to the bp podcast religiously, reading up on the beginners guide/blog/forums, a...
I’m doing due diligence on a triplex and duplex that owner prefers to sell together! I don’t have $100k to put 25% down. A family friend is interested in going in with me, he has the $$$$$ to put down. What is the bes...
My IRA holds the lien on a MH in a park in Texas. Buyer is not paying. Park has already filed for eviction for non-payment of lot rent and received a judgment. I have filed for eviction (repossession) and should...
Greetings Biggerpockets Members! Its been a while and BOY has it been a good thing! (Minus missing everyones recent success) Ok, Let me get down to it.
Biggerpockets is the website that saved me from buying a ...