Vikram C.
first profitable deal
As many of you know, I knew nothing about RE a year ago. When I started my research on the subject, I stumbled upon Bigger Pockets and joined it right away and started reading all the old posts, asking you guys quest...
Claudia Schmidt
How much do you charge for late fees? And when?
How much do you charge in late fees when a tenant is late with their rent? I currently charge 4% and was thinking of raising this.
And what's your cut off date? Do you give a grace period of 5 days? 10 days?
Thank ...
Henry Perez
How much of a liability are pools in multi-family properties?
Hello,My wife and I are currently in the market to purchase two 40-50 multi-unit complexes or one 100+ multi-unit complex in the Sacramento/Stockton/Modesto area. Most of the properties we have come across have pools ...
John Whitridge
Financing a Project Through a LLC
Hi BiggerPockets, I am looking to finance a deal for a single family home through a LLC that I am setting up which seems pretty straightforward. I am using a hard money lender but do not have all the money myself so ...
Guillaume Derouet
What is the best city in south east Michigan with the higher ROI for rentals ?
Hi Guys, Im looking to invest in south east Michigan into rentals but wanted to avoid Detroit. I was looking at Dearborn, Livonia, Redford... Is there anyone who can give me an advice ?
Anthony Wienke
Is it illegal to ask investors for money on a rehab project?
So here's my question, is it illegal or unwise to ask for money from investors on a major rehab project?I have done all the leg work and calculated the ARV (about $980,000) the total cost to purchase the vacant apartm...
Rhonda Cruz
New Potential Investor from Colorado
Hi, my name is Rhonda and I am currently learning as much as I can about Real Estate Investing by using the many resources available on BP, as well as, reading quality real estate books recommended on this site.I want...
Scott J.
Inspection: What do you look for to avoid MAJOR losses?
I'm going to a triplex open house this weekend that I am very interested in. It is also my first short sale. This property is 80 years old, so I want to be especially diligent.
When you are checking out a property, w...
Shaneice J.
FHA, MULTI-UNIT PROPERTY, AND A LOW CREDIT SCORE walk into a bar
Hello BP community, I am a long time "lurker" on this site so please allow me to introduce myself! My name is Asia and I'm interested in house hacking/cash flow through an FHA approved multi family property. I have pu...
N/A N/A
best approach for acquiring rentals
If a new investor has around 300k to begin acquiring rentals, would it be wise to buy the first property ALL cash, and then draw on a LOC from that first property to buy the second ALL cash. Or just begin to purchase...