Account Closed
New to the community, looking for guidance
Hello everyone,
My fiance and I are new to the BiggerPockets community and are looking for some general guidance. We have a vague idea of what we're looking to do, though it's so early in the process we are amenable ...
Account Closed
Section 8 Tenant has not paid tenant portion
Our section 8 tenant had a death in the family, and unable to pay this month's tenant portion. As a new investor, I wanted to begin prepping for what to expect going forward. We did issue a letter (reminder) of paymen...
Nathan Gesner
Why is unpaid rent so high?
I've read news reports that say up to 20% of rent has gone unpaid in the last couple of months. I manage 350 units and all but one has paid (we extended grace far longer than normal but now we're in the process of evi...
Gary Dezoysa
Realistic timeframe to get to $1,000/month starting with $5,000
Hi guys,I'm looking into non-local note investing as a means of achieving a 2nd income. $1,000 a month would be great and pay much of my monthly expenses, so that is my first goal. I listened to Dave's book in the car...
Debbie Woods
In Illinois want to buy home in FL to use for rental income
I plan to retire in about 6 years and would like to buy a property on the Florida coast that I could use for rental income until I move down there to retire. I have no experience in real estate. I've bought two homes ...
Jennifer O.
Buying MFH with existing leases I am not crazy about...ideas?
Hi BP,Have an offer in on a MFH (competitive bid situation) and I have just received the existing 3 leases (that expire anywhere from 30 to 120 days after I take possession).I'm not crazy about how the leases are writ...
Peter Halliday
When you first got into notes...
I'm curious the answers to these questions from note investors out there.Did you start in Senior or Junior?Did you start in Performing or Non-Performing?You started with your IRA or your own cash?Educated yourself, ta...
Gaylene Rogers lonergan
Only in Texas: Homestead Protections
If you reside in Texas, homestead protection is built into the Texas Constitution. It allows you to maintain your home free from the possibility of seizure by certain creditors. This protects Texas citizens from havin...
Cameron Adams
Oregon foreclosure
Does anyone know what the minimum bid at sherif sales auctions are? Do I need to call the lawyer doing the foreclosure or the sheriff before the auction? If the property doesn't sell at auction is there anyway that I ...
Justin Reed
Borrowing Against Self Directed IRA
Hey everyone, I have a 401k from a previous employer that I was planning on moving into a self directed IRA. I just was wondering if you are allowed to borrow on margin with it? I'm sure every place is different but I...