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Results (3540)
Michael Wayne $9M Ground Up On Very First Deal - Here's how we did it
21 February 2022 | 15 replies

"Take action." Over and over, no matter the industry, everyone's best advice on getting started is to do exactly that, START. For 18 months I worked as a Transaction Services Associate at a large international advisor...

John K. software
12 December 2021 | 33 replies

I see other posts out there about software for rental properties. I can't seem to find any good solution that is designed more for a small portfolio rental property owner, and not for a property management company...

Matt M. How many of you are strict with the 3x rent/salary?
4 October 2019 | 46 replies

Hi all,I have just begun to try and stick with the 3x rent salary. Do you ever stray? I have a nice single mom applicant, works 30-35 hours/week at $17 hour, gets $400 month in child support and still isn’t close to 3...

Justin Case Sticky Market- Potential Tenants keep flaking
1 May 2010 | 18 replies

My best unit is up for rent. And it usually has low vacancy.
It has been empty the past 1.5 months.

It has just been redone and when I first listed it I dropped the rent $300/month. If I lowered the rent $800 less I ...

Cappy Jones Ethical or unethical?
19 February 2015 | 18 replies

Good people of Bigger Pockets,     My market is pretty hot and I have been looking for a small multifamily value add opportunity. I have found a situation where I can buy a duplex for a great price. The owner inherite...

Ronald H. Great mission statements
16 April 2020 | 20 replies

I am in the process of selecting a name for my new LLC. I have created a Mission Statement and I was wondering what people might think of it. It reads as follows:

To buy and sell Real Estate at reduced prices, there...

Jaimie Chen Newer house with foundation problem
25 November 2015 | 13 replies

I found a house that is in my range, but with some problems I am not sure if I should walk away.  This brick house is less than 10 years old, sits on higher ground and with no big trees near the house, this house also...

Jill F. question about bank loan committee
24 December 2017 | 7 replies

We are working on a deal for a commercial loan for a 20 unit property. This is the first time we have tried to buy something this big. Our loan officer and underwriter said they will be taking our deal to the loan com...

Mia Edgar Tax on Capital Gains
16 July 2017 | 19 replies

I need some quick tax knowledge.  I've currently accepted an offer of $760,000 on a property with a $655,000 loan.  My real estate agent is getting 5% about $38k so I'd have $64,000 in  capital gains.  How much of tha...

Derek Luttrell Tenant vs. Owner-Paid Utilities
21 August 2017 | 9 replies

Hey Everyone, I have pre-approval letters on a duplex and a triplex, and on the triplex, the owner pays all the utilities. The triplex is listed for $95,000 and brings in $2500/,month in rent, while the duplex is list...