Marty Summers
Taking over a duplex
Hi all,We will be purchasing our first duplex in a couple weeks and I need to know how you handle little stuff that have entered my mind. I know they say don't sweat the small stuff... so here we go.I know this may s...
Gary L.
Starting Out in an Expensive Market
I'm just starting out buying rental properties but live in a very expensive market (San Diego). The average SFH is approximately 650K. How do you purchase cash flow positive rental properties in an expensive market ...
Kelly A.
12 sfh free & clear, cash out options? Stuck in limbo
Hello all! Frequent lurker here, decided to join in on the conversations. Here’s my current situation.I’ve been flipping homes full time since 2013. In between flips, I’ve purchased 12 SFH with cash. I have 9 of these...
Stacey Blunt
Contractor Bid Questions
Ok, so me and my partner are doing our first rehab and are in the process of getting general and subcontractors into the single family home to give us bids on our renovations and improvements. We just got our first on...
Daniel Bogart
Seller lied about rent roll & building condition, best recourse?
Recently a few business partners and I invested in a 16 unit apartment complex in Phoenix, Arizona. We were given rent roll for 4 months prior to purchase that showed 15/16 units filled with paying tenants. The P&...
John Trout
Advantages / Disadvantages of holding a property in an LLC
I was once told an interesting "trick" by a seasoned RE Investor. He said if you could find an investment property (say a SFH rental property) that was owned by an LLC, that you could save lots of money on the purchas...
Scott Le
Does a new roof over-improve this house?
Bought my first house a few weeks ago planning to buy & hold it. The original budget was 14k. It would've been a marginal flip (I projected I would've made only $9k if I flipped it today), but the rental rates ...
Chris H.
Inherited tenant's guest is modifying wiring to grow weed.
Full story below: Skip to the bullet points for the tl;dr.I purchased a few properties to be a rental properties from another landlord, who is something of a slum lord and was willing to offload some houses that need ...
Peter Doan
Separated electricity meters for in-law unit
Hi,I own a rental house that has two separated units in California. One unit in front and one unit in the back. They all are separated. The unit in the back is an in-law unit. Right now they share a same electricity m...
Bryan Hancock
BP Approved Vendor Discussion
So I was reading through Josh's post here:
http://www.biggerpockets.com/blogs/1/blog_posts/4157-don-t-fall-for-the-scam-be-cautious-
about being cautious about who you do business on via the site and there is commen...