Evan Hauler
Borrowing money from relatives
Hello everyone!I am looking to buy my second property, I purchased the first using a bank loan. Now my parents are wanting to buy the next one in cash, due to high interest rates. How best do I go about doing this? Ar...
Owen Dashner
FLIP by Rick Villani & Clay Davis
I just picked up this book yesterday and can't put it down! Probably the best book on flipping houses I have ever read.
Katie Nolan
Landlord Oregon Laws
Hey everyone! I’m in the process of closing on a duplex and will be inheriting a tenant on one side. I’m looking for advice on the legal aspects I should consider to protect myself as a landlord. Are there any specifi...
Fendy Jn pierre
paralysis of analysis state 4 years later. Help
Hello, I have been procrastinating and finding all kind of excuse to not get started. 4 years later I am unable ( or unwilling) to stick to one strategy. I have seen money pass and wasted that could have been growing ...
Mindy Bowden
Water damage to floor - what would you do? What type of flooring?
The 1st floor toilet on my rental flooded the other night. Most of the first floor currently has laminate. My tenants mopped up the water as soon as they realized but some time had gone by before they had even realize...
Jeff Brenot
Getting an electrical transformer removed from property
Hello BP, I am currently in contract to purchase my first property, and I'm super excited/nervous at the same time. It is a 4-plex in Austin, TX and I plan to occupy one of the units. The back yard is great- each unit...
Mark Strobel
Buying 12-unit with eviction in process
Hi BP friends!We are in the process of acquiring a 12-unit apartment complex (3 quads) in Wisconsin with an April 15 closing. Today we were notified that the current owner is serving a 5-day notice to Pay or Quit on o...
Gerold Koch
Is the tenant required to install radiator covers (in NJ)
Hi,A tenant asked me to install radiator covers to protect their newborn when he crawls around.Does anyone know if this is the responsibility of the landlord?The rental is located in NJ.Thanks,Gerold
Ivan Rubio
Logistics of creating an LLC with funds from three investors
Good Afternoon BiggerPockets Members,I'm in a bit of a stall right now. Over the past two years I've been saving up money to start investing in real estate and I've been educating myself by reading books, analyzing de...
K W
Residential or Commercial Loan?
When I spoke to a lender about purchasing a 4plex, they told me that was considered a residential loan, but any more units would make it a commercial loan.
We are looking at a 6-unit property. Would that be a commerc...