Account Closed
HUD Foreclosure - How Bad is This?
My wife and I are attempting to purchase our first investment property, which turned out to be a HUD foreclosure. Our offer was accepted and we paid our earnest money with the intention of closing within 45 days, as r...
Lincoln Coverdale
Mold found during purchase inspection and Seller won't negotiate
We have a 3 unit under contract in the Cleveland Ohio area and found mold in the basement (unoccupied common space) and the 3rd floor (occupied space). We brought in our mold remediation contractor and had an assessm...
Eric M.
Probate Letter Critique
The reason for this post is to receive feedback on a letter I just created. The reason I created this letter was the amount of "pissed off phone calls" to "happy phone calls" is making me miserable. Keep in mind this ...
Mario Morales
andrew holmes re events- real estate 3 day lecture series
Anyone attend this event before and have any feedback on the value. It's $147 for 3 days?
Laleh Omaraie
Figuring out true occupancy rates
I am looking at a condo in a resort area that has the potential to be a good deal with the right occupancy rate. I’ve confirmed the nightly rate, which averages out to be $135 per night. This has been confirmed by mul...
Sarah Byun
Lease renew and increase of rent
We just purchased our first multi-family property and couple of the tenants have been there for more than 10 years without a rent increase. The rents near the area are about $75 to $125 more than what the tenants are...
Alexander Zeisberg
New Again Agent
Hey BiggerPockets! I’m Alex, a recently re-licensed real estate agent in SW Michigan, back in action after five years off as a stay-at-home dad. I’ve completed my ABR and MRP certifications, finished the Southwest Mic...
Ryan Rudy
Cash Purchase Discount?
We are just starting out in the REI game in Central PA and we have a business plan meeting with a local bank to discuss an unsecured LOC over traditional financing. We want to drive home the fact that cash purchases ...
Fausto P.
Does taking on my father's property make sense as a first time investor?
Hello to anyone reading this ! This is my first post and Need some advice. But first the backstory….
My father immigrated to this country over 30 years ago and has been able to acquire 4 properties in that span. ...
Amanda Miller
As a REI, do you have a real estate license?
I understand it is not required to have a real estate license in order to be a real estate investor, but I am wondering how many folks do have their license and whether they find it beneficial. Thank you! My husband a...