Taylor Matthews
Taking the Plunge or Saving? First Time Investors
Bigger Pockets Community,TL:DR - buy now or wait to accumulate bigger safety net.Two fresh real-estate investors to-be would greatly appreciate your feedback. My roommate and I are fresh college grads who are going to...
Jay Thomas
Section 8 tenant in a high rent area
I am currently considering renting my rental property to a section 8 tenant but the problem is that the market rent is about $300 higher the HUD Fair Market Rent. The property is located in suburban cook county. Since...
Albert Hoffman
Denying Tenant's Request for a Roommate
I have searched the forums and couldn't find this specific questions asked before . . .A little background info:I am living in one unit of a fourplex, renting another unit in the same building to a friend, and now he ...
Alan Asriants
How being greedy cost me a deal
I was once negotiating a deal, and I got really greedy
I could've picked up a duplex for 415k, but I decided to push the seller. I saw the value in the property and it was worth way more than 415k
I tried to throw i...
Graham Nash
Lease with the option to purchae
I'm about to place a new tenant in a property that I would like to sell within the next year. I'm sending him the lease in the next week. I would like to offer an option to purchase, but I've never done this. -Do I pu...
DJ Cummins
help structuring an owner financed deal
Hello Everyone,So…my wife and I bought a 4 unit property about six months ago, using conventional financing(20% down).We have added some value, and are making pretty good money(finally…took a few months).The people we...
Fred Watson
Seeking advice on potential duplex purchase
I’m currently in the process of possibly purchasing a duplex in the Memphis area and I was seeking some much needed advice. These are the details about the purchase:
The seller is asking for the duplex is $19,000, (H...
Mary Jay
Help please to pick tenants
Hey guys, could you please help me out? I have a house and I’m trying to pick between a few tenants. The house stinks because there was some animal poop or something and I don’t have time and money to replace the car...
Denise Evans
Tenant Background Checks and Fair Housing Violations
HUD recently announced that relying on arrests (without convictions) for tenant screening violates the Fair Housing laws. Also, relying on convictions as an automatic disqualifier violates the Fair Housing laws. Scree...
Matthew Otero
Suggesting a co signed for the lease agreement
So we take an application fee and use a company to screen all our potential tenants. Recently we’ve run into a situation where the screening grade came back as acceptable, not good or great, which left us a little wor...