Vivian Huang
Renting to someone who just graduated - need cosigners?
Hi all!I live in my 2B/2B condo and I'm hoping to rent out the 2nd bedroom. I found someone who just graduated from college and said that she doesn't have the best credit because of some credit card mistakes she made ...
Jake Keating
Parents house will be passed in will, worried about red tape
A few years ago I helped my (retired) parents buy their most recent house by directly giving them a $100k cash down payment, and they would like to leave the house to me when they pass in thanks for the assistance (it...
Mark Ebinal
Where to find wholesalers who have a deal to offer?
I've never pursued wholesaling, but with properties on the MLS at higher price points, I am interested in working with more wholesalers. At the local REIA meetings, there are a lot of people who say they are wholesal...
Nick Diecidue
Newbie Help on Rental Property and Becoming a Landlord
Hey BP Members!My wife and I are newbie's and are looking to start our road to financial freedom. We currently live in Metairie, which is a suburb in New Orleans, and are currently looking to put an offer on a duplex ...
Matt Lawrence
A Rather Complex Situation
Hopefully this is in the right forum but there is really no clear cut topic for the situation me & my business partner are in.
In April of 2012 me & my best friend, who is also an RE agent, started ou...
Bryan .
How to proceed with HUD home...
I found a HUD home that appears to be a good deal. The FMV if in good condition (according to my comps) is about $125,000 - 130. It needs about $25,000 in repairs. HUD has it listed for Owner-Occupied at $85,000. It i...
Eric Pirozok
How important is equity build-up?
I have a rental property that produces $100 of positive cashflow. If I apply an extra $100 to my principal payment each month I will payoff the mortgage in 25 years instead of 30. What is more important? Paying off my...
Matt Pitschman
Plans for getting in to buy and hold
So, my friend and I have been researching real estate investing on and off over the past six months. We both have full time jobs in the pittsburgh area and are in our mid twenties. We like the idea of investing in ...
Christopher T. Murray
Raising rent on tenants after acquisition
Hello Everyone,I have found a 3unit property that I want to buy. 2 units are occupied by long term tenants who are paying far less than what they should be per month. The current owner has not raised their rent at all...
Joshua Musquez
Should I get an LLC for my first deal
Evening BP!My fiance and I are looking to get into multifamily homes. we are going to house hack the first few since we are just starting in our careers. Our biggest discussion we have is before we buy our first deal ...