Diran Deukmajian
Evicted Tenant - owes me money
My rental property is in Los Angeles county. I hired a lawyer to get her evicted. She didn't pay rent the last 3 months, plus I paid all the lawyer fees. do I hire a debt collection service to follow them until I get...
Austin Davis
New Member from Tampa Florida
My name is Austin and I've a recent graduate from USF with Master in Public Administration and a concentration in Urban Planning. I'm pursuing a career in local government/ urban planning.I've been toying around with ...
Christopher Robert Noland
How to turn an owner finance deal into a 30 year rental loan without 20 percent down?
Say I can get an owner finance on a 99k house for 5 years with a balloon payment. $2500 down. Then rent it out. Investment only. How does one take the owner finance situation to a bank and turn it into a 30 year loan ...
Kevin S.
Buy Real Estate with Pre-tax (401K/SIDRA), Roth IRA or after tax dollars?
Hi members,I recently met my CFP and he concluded that after all these years of accumulation in 401k it's time to take steps to minimize taxes and reduce/eliminate RMD. As expected, he recommends Roth conversion and ...
Jorge Quintero
New Investor from Houston Texas!!
Hello, BP!
My name is Jorge Quintero. I am 22 years old, recently graduated electrical engineer. However, about a month ago a friend spoke to me about real estate investing and it was at that point that I realized my...
John Teabout
Strategy for cashing out investment property with conventional mortgage
My wife bought a condo for 178K with a conventional mortgage (10% down, 4.25% APR) in 2019 before we were married. Then I bought a bigger condo for our primary residence in 2022 for 275k with a conventional mortgage (...
Jim Lohse
New Investor from DC Metro Area
Happy New Year to everyone!My name is Jim and I've lived in the greater DC Metro area for 12+ years now, specifically Northern Virginia (Alexandria & Vienna). Like many folks in DC, my full-time job involves worki...
David C.
Do Multifamily Leaders truly own the reported units they tout?
This may sound like an odd question, but so many times we hear that (insert name) has gotten up to 1100 units, or has a portfolio containing $400M in multifamily real estate. But how many of these folks only "co-own"...
Tony Tomasek
Official BiggerPockets Discussion of House Bill (HR) 1728
I just came across this in an newsletter I get. It centers around a law that has already passed the US Congress and is about to be voted on by the senate--- HR1728. It will most likely KILL the owner financing option ...
Gary Van Horn
Wholesaling in Illinois
IS WHOLESALING ILLEGAL IN ILLINOIS?The Real Estate License Act of 2000, 225 ILCS 454/1-1, et seq., and its accompanyingregulations, 68 Ill.Admin. Code pt. 1450, govern the business of real estate brokerage in Illinois...