Brian Jacobson
How to know when to sell for earned equity
A little over 4 years ago I purchased my first property: a 3-flat in Chicago for $305,000. In Logan Square - now one of the hottest real estate areas in the city in terms of %increase in value and %increase in home s...
Matthew Newcomer
Setting up an LLC in Maryland as a Real Estate Holding Company
Hey BP community,My partner and I just purchased our first buy-and-hold property. It's 3 units and is under renovation right now. We are expecting our first renters to move in by March 2015. It's currently under hi...
Daniel Lehman
All cash or financing?!?
Hello, I am a new member to BP and currently saving up to invest in real estate with my cousin as a partner (also currently working on getting my real estate license). We decided on renting out small multi-families to...
Nelson Leal
1st out of state/BRRRR purchase
Hello BP,This is my first deal bought through BP so I figured I'd return the favor by sharing my adventure. I'll skip the details about myself and get right to the transaction.*Will omit names from my story and pictu...
Robert P.
Evicting Tenant after buying 3 Family (with Tenants)
I am in the process of buying a 3 family home with tenants in each of the units. I have financed this through FHA, so it needs to be owner occupied. My plan when buying was to "figure out" each tenant as much as I cou...
Stephen T.
About to sign lease when you learn new info about a tenant - how would you handle?
Hi
I have a renter lined up for my first rental property. At the beginning of January during the screening process, we spoke with current landlord and he gave a very positive recommendation for this tenant -...
Charles Davis
Worst Tenant ever need advice
Hello guys , I have a huge problem ( i mean huge) . Long story short ( Very long story ) i brought a home in Cleveland for 13K 2 family my first property . When i brought the home it was full with people living up and...
Anne W.
Tenants told me he wanted to buy a house on the move-in day
New landlord here in Colorado, rented out the previous residence. Today I delivered the keys to the tenants who relocated from another state. He told me that he really liked the neighborhood and he would look for hous...
Hanan K.
HELOC affects on DTI - question!
Hello BP members! We are preparing to leave our W2 jobs in a few months to move into full time real estate investing. We have a good amount of equity in our primary residence as well as one of our rentals and we would...
Kevin Boyd
Hiring and Architect/Engineer
I have a 2 story duplex in Tampa, Fl. I am looking to probably tear down (it's over 100 years old) and rebuild. This will be my first ground up construction. I got a quote for just doing the design and CAD without eng...