Vincent Q.
Heloc as down payment then refinance
Hello All,Can anyone give advice on if this is a good way to invest. I have one single family investment property. I am looking to get a Heloc and buy a second investment rental property. Is this a good strategy. Hel...
Chase Dolan
Detroit Out of State Investing
Hey, I am an agent in Boise, ID and my wife and I want to start investing in the Detroit area. We are wanting to BRRRR most of our portfolio long term, but would also look at flipping some properties to generate some ...
Sam Shirazi
How to collect back rent? Worth to sue tenant ?
Hi guys, I have a rental property in Austin, TX. I am in a situation where an old tenant broke the lease and owes me about 5K after deducting security deposits (2 months rent till replacement is found, early terminati...
Albert Chun
Should I invest in Chicago? Why or why not? If so, where?
Hi all,I’m currently a grad student at Harvard, and I plan to move to the Windy City for work after I graduate this May. I’m interested in looking for real estate markets and a good balance between big city and place ...
Account Closed
Dealing with Tenant from Hell
Well, it was bound to happen, has been a few years, but we have the classic case of the tenant from hell in one of our units.
Couple and child, dog and cat, in a good all tile, recently renovated unit.
Problems bega...
Michael Nahm
Damages after statutory term for returning deposit
Hello fellow BPers,Recently, I had great tenants that moved out after 3 years in a townhome. After they moved, in a routine clean-up, we discovered some broken refrigerator drawers that needed replacing (not really so...
Maximo Dejesus
Possible subto with a deceased borrower on loan. Can this be done?
Pre foreclosure lead in Orlando. Original owner passed away about 3 yrs ago. Daughter now lives on property. Currently has an open case w/bank. Siblings have passed away and based on what she told me there is just one...
Marvin McTaw
Should I Buy Subject To, Lease Purchase Or Land Contract?
I have a motivated seller that is willing to sell on terms. Here are the quick numbers: ARV = $600,000 to $625,000Repairs = $25,000Purchase Price: $500,000Mortgage Balance: $500,000PITI: $2,750/moAnnual HOA Fees: $2,3...
Jaren Woeppel
When a fix is not enough
Hello Bigger Pockets,
I have a great tenant that has been in my rental for going on four years now. It is an out of state rental, but I recently fired my property manager and decided to manage it myself for the time ...
Ellen Womack
When is a Lawyer Needed
Anyone who could answer this question, please feel free to chime in. I am in the middle of evicting a tenant for non-payment and also trashing my property. I was told that it is never a good idea to appear in an evict...