Jeremiah B.
Buying Site- and City-unseen
So, my wife and I have run into an investing dilemma that we'd like to ask for some help on.
What are your thoughts on buying a house where we 1) have never seen the house and 2) have never been to the city? We woul...
Account Closed
$30,000 homes
So I'm from Los Angeles and thinking about investing out of state in the near furure. Just looking around on realtor.com I'm amazed to see homes listed at as low as $30,000 this has me wondering, can one finance these...
Diane G.
Rent dropped I'd say 20%, maybe 25% in San Francisco
So I had a studio that happened to come on the market 3 days before the corona lockdown...Just finally rented it out after 45 days on the market....at $200 below asking....Was asking $3000...
What is even more weird ...
Jeff L.
Do I need to hire an attorney to create an LLC?
I need to create an LLC for financing as well as liability reasons. This thread isn't about the pros and cons of forming an LLC.Rather, my question is:Should I hire an attorney to do it "right", or is it good enough f...
Michelle VanDyken
Newbie confusion - where do I go from here?
Hello all! I’ve recently joined bigger pockets and have been reading everything I can get my hands on. I’ve found myself inadvertently in real estate investment. Although I may not have intended to get into it, my hus...
Mark Page
Is 45 years old too late to be financially free?
I just turned 45 in May and finally bought my first rental property this past March 2019. My wife and I started our own vacation rental business . Although this is the slow season in Big Bear Lake Ca, where our STR ...
Armando P.
How Much Personal Information Do I Share with Existing Tenants?
I am closing on a new duplex in a few weeks. The property has 2 existing tenants that recently extended their leases in July. I want to make the purchase transition easy, seamless and not scary for them. I have two in...
Steve S.
Putting too much down?
My goal is to buy 10 cash flowing rental properties as quickly and safely as possible. So far I have 4 and I keep 6 months of mortgage payments on hand and have a decent security net in place for maintenance etc. I k...
Robin Hopkins
CERTIFIED PMB TRYING TO BECOME RE INVESTOR
I recently became a Certified Private Money Broker and my original plan was I thought I would use that business to build my Capital so that I could then become a Real Estate Investor. As I started out in my Broker bu...
Evelyn Jordan
No SSN, no CC, No Proof of Income
Hey BP People,I am currently screening tenant applications for a vacant rental property of mine and I came across an interesting situation. The applicants are a Hispanic family with 3 young kids; Mother is a housewife...