Kristina Jordan
New Member from Los Angeles, Southern California
Hi! I'm eager to network with other Southern California people active in this area. I started my Real estate investment and development company in 2003, but, along with a partner, had been active in the home improvem...
Paul Jamgotch
PM Lending: Length of Note for Flips
For those that due PM lending, could you please share length of note if you are splitting net profit instead of rate and/or points? I have a six-month balloon on current loan but realize this might not be adequate ...
Anna Hammerle
Financing for New Construction?
Hello BiggerPocketeers,I am still a new investor with three SFHs. I recently came up with an idea to buy a small piece of land, 1/4-1/3 acre and build a small house (300-400 sq.ft), as a rental. The total investment...
Michael Bridges
One tenant wants to extend lease 1 month, the other doesn't
Hello! I'm a rookie landlord who just purchased a duplex that has tenants in one of the units. The lease is up at the end of June. One of the roommates on the lease wants to move out at the end of June, the other wan...
Stephen R.
Deadline completion penalty for contractors
I'm wondering what kind of monetary penalty would be reasonable for a contractor who does not complete a project within the agreed upon timeline. I had one contractor tell me he would never agree to a contract that in...
William Smiley
Business Line Of Credit
Hello,
My wife and I have recently purchased our first property, and started our LLC. We have been using our own money to upgrade the property to increase its value. But this limits the amount we can put toward purc...
Daniel Vanhala
Help With Finding Personal Loan
Hi! I'm looking for a $10-$12k personal loan to fix up my house before I sell it later this year. I only put 5% down and it's been a year and a half, so any equity loans are probably out of play.I'm a handyman and I a...
Jerry D Jerome
Getting the ball rolling in Elgin, Illinois.
Hi,My name is Jerry Jerome and I am just getting the ball rolling in real estate. I have a friend that suggested I check out BiggerPockets back in July. I have been nothing short of impressed with the volume and qua...
Account Closed
Possibly my first eviction
Ok my tenant is 1 month late on rent although he gave me $1000 out of the $1500 he owes me yesterday. He has been consistently late for the last 7 months so I decided now is the time to go thru the process. I have b...
Matt Schelberg
Hello from Baltimore, MD
Greetings, BP! I am a long-time lurker from Baltimore, MD and a novice buy and hold investor. I recently bought a foreclosure and plan to live there for a year before converting it to a rental. I was previously 100...