Account Closed
Money Lending
I have two money lending deals that have come my way. The first one is a SFR that they want to borrow 70k for 6 months on and is worth 190K based on comps. The second in 60k for one year to purchase a 120 foreclo...
Sarah D.
House hackers when do you tell prospective tenants?
Hey fellow house hackers, when do you tell a prospective tenant that you are the on-site management? We just put our first unit for rent in a four unit property (great timing, I know) and have the first showing tomo...
George P.
Ice dam, water behind the walls etc
Had a mysterious leak in the basement's ceiling when it snowed heavily this winter.I have asked for the community input a while ago (https://www.biggerpockets.com/forums/67/topics/183...), and finally one of the contr...
Alex Sloan
Another Sacramento Newbie!
Hello BP community, I'm finally joining the forums after listening to the BP podcast for a few months and am stoked to get started in real estate. I love that there is a place to receive guidance and feedback in a med...
Mark Delosreyes
Bank is telling us to slow down.
We are fairly new real estate investors. We have acquired 25+ units in a little over a year, mainly using the BRRRR method, and all of our places are cash flowing generously. As an accountant, I’m pretty conservative ...
Audrey C.
Lead investor of apartment complex fraud
We are investors of a five apartment deal in Houston. We all mostly live in Austin. The main investor, we suspect, are falsifying the books as although the rental market is hot here in Texas, we get paltry distribut...
Gary Hert
ARV for unique homes
I have a question about how to calculate the ARV of a home in a unique situation. The home is located in a semi-rural area and is directly across the street from 10 low income housing units. The low income housing is ...
Atul Mohlajee
Is it better to give first half month free to rent units
I have four vacancies, an SFH, 2 Flat, and a condo for a month. All units are rehabbed/prepped for renting and show well. started at high rents but have reduced rents to average in the area of Forest Park. just a f...
Aaron Corleone
Evicting someone who's water's been shut off
I have a tenant who we are in the process of evicting. Just waiting for the paperwork from the local magistrate. However, we just got a water shut-off notice saying water was shut off on the 12 of October (today is th...
Ronald Starusnak
How To Reduce Crime?
Hey guys, we are buying a 38 unit in Syracuse which used to be full of crime. It was shut down by the city and now we will have a fresh start. I want to make sure we do not have the same problem as the previous owners...