Alejandro Valdes
Turning 4-plex into 8 units?
Hello,
I've been considering turning my 4-plex into an 8 unit building in order to increase cash flow. Is this a good idea?
4-plex is located in the Fort Lauderdale area, It consists of 2 duplexes facing each othe...
Alejandro Arreola
My second deal. Should I do it?
Hey bigger pockets family. I desperately need some advice. I’m currently working on my second deal. I’m looking to buy a package deal, which includes a single-family house mechanic shop and a duplex which are all vaca...
Bryan Laufenberg
What should I be paying my real estate agent?
I looked for answers to this but couldn't really find a clear answer. I am in the middle of my second investment property and using the same agent as I did on the first deal. They are a family friend but are charging ...
Doug Poff
Tenant Does Unapproved Improvement - Good thing or bad thing?
RESIDENTIAL rental newbie question: I have a solid B/B+ class SFR out in Denver in which the tenant came on in December. The tenant is a contractor who just moved to the metro area with his family. While working a ...
Account Closed
Critique my plan going forward
Good afternoon,I have made numerous financial mistakes and I'm tired of it. I want real estate to be part of my investment portfolio and I think I have an interesting way to do it... Please critique my plan.I currentl...
Joshua McGinnis
Don't Fold Your Cards Too Soon
I just wanted to share a quick tidbit about two wholesale leads I received today. I sent 1200+ yellow letters throughout Dec and most of Jan. After I sent my last round of letters to my initial list a few weeks ago, ...
Keith Schulz
Business Credit
I currently have an LLC set up. Although, all my financing in the past has been in my personal name. I'd like to get to the point where I have enough business credit to finance rehabs.
In any case, I'm getting prequ...
Bastian Kneuse
Repair - Request Itemized Statement from Property Manager?
I just had a situation where a tenant had a leaking toilet and informed the property manager. Apparently, it was considered an emergency because the supply line was leaking and otherwise would have flooded the home. T...
Nijui Truesdale
Wholesaling
As a beginner in wholesale, what do you recommend in my first steps?
Kevin Brown
When to Take Out Cashflow??
I have a SFR being managed by a property manager. It is currently rented out. I have about $5,000 in the property management account for "cash reserves". Six months PITI (principal, interest, taxes, and insurance) is ...