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Results (5568)
Roma Montifar Any pitfalls with a 5 year lease?
15 March 2020 | 16 replies

We have tenants that are coming up to finishing their 2nd year with us. So far we’ve had a great experience with them, and they love the house, neighborhood and service we provide. We’re replacing the shower/tub combo...

Aaron Prichard new to developing - interesting twist - possible pitfalls?
2 February 2017 | 2 replies

So I'm relatively new on this site, but have been lurking, researching, thinking and re-thinking, planning, and have finally come up with what I think will be a very workable plan. Let me preface this by saying I am n...

Brandon G. Pitfalls to Land Contract and Subject-To?
11 December 2012 | 0 replies

For all you BP, creative financing experts out there;

Have you ever bought a property via Land Contract/Installment Sale AND took it Subject-To the existing mortgage?

This seems to be a great strategy (if it can be ...

Robert Paxton Innovative Sales Strategy – Precedent, Problems, and Pitfalls
10 April 2019 | 0 replies

Hi all, I'm new to BiggerPockets. I posted this in a separate thread, but didn’t get any responses. Maybe this is a more appropriate place to ask about it. Thanks for any input! I’m curious if this is a feasible sales...

Jaron Walling First off market deal - opportunities and pitfalls
20 May 2019 | 5 replies

Being a friendly neighbor lead me to an off market deal. The property has good potential for a BRRRR strategy. The owners are cleaning it out because apparently it's a disaster inside (smells like money). The location...

Joel Owens Any Pitfalls doing a WRAP-Owner Finance??
5 April 2011 | 4 replies

Example:

Property: 3 quadruplex buildings on the same street with separate mortgages owned by the same owner.

Sale price: 1,100,000 with buyer putting 15% down.
Owner provides a WRAP of 935,000 at a 5.5% fixed rate...

Jeffrey Held Lease to own, what are the pitfalls?
7 February 2020 | 0 replies

I had a company, Helping Hands Properties LLC, contact me out of the blue regarding two of my rental properties.  I am interested in their lease to own proposal, since we have since moved and would like a rental prope...

William Sevier Renting out Old House (1918), any pitfalls?
21 June 2020 | 3 replies

I'm a first-time homeowner who will be moving soon and renting out my current house. It is a 1918 Bungalow-style home in Norfolk, VA. This will be my first time renting out a property and while I've lived comfortably ...

Marco G. Tips/Pitfalls When Converting Personal to Rental
27 February 2021 | 2 replies

Searching for tips and pitfalls encountered when converting personal residence to a rental. When calculating cost for depreciation, what number do you use? Purchase price attributable to structure? Do you add in costs...

David Evans PITFALLS TO AVOID WHEN INVESTING IN MULTIFAMILY
29 March 2021 | 2 replies

When considering your next acquisition in Los Angeles (or nationwide), here are some of the things that you need to consider first:
BUYING A PROPERTY LOCATED IN A MUNICIPALITY GOVERNED BY RENT CONTROL WITHOUT A STRAT...