Lauren Mattina
Best Market Research Sites
I plan on buying my first rental property this year and my next major step is deciding on a market. I have a list of websites I will use for market information, but wanted to see what sites other investors swear by.
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Joshua Dorkin
Twenty Tips for Making Offers on Freddie Mac REO Properties
I wanted to share a great post with everyone from the BiggerPockets blog by Winston Westbrook, which details how to increase the odds your Freddie Mac / Home Steps REO offers will be accepted. Check it out and be sur...
Jason D.
Unneeded Repair Letter Request Letter from Tenant
I could use some advice. I have one property that has been rental for 13 years and I am experiencing my first major tenant issue.Tenant has had control of the property for approximately one month after signing a leas...
Josh R.
What to do with a property that has too much equity?
Hi BP Peeps,So I have run into a good problem. Long story short, my portfolio's equity has grown to the point where the return on equity is so low that it has forced me to consider selling my 14 unit apartment buildin...
Kenneth Davis
Any ideas on offering discounts to attract better tenants and are there any limits to types of discounts?
Is it illegal to offer discounts of say, like a $25.00 discount for people who have good credit, discount for having held the same job with the same employer for over a year, a discount for not having any criminal rec...
Wesley W.
Unauthorized occupant
Hi folks,Okay, I'm pretty sure my current tenant stays a lot at her boyfriend's place, and has allowed her sister (with two young children in tow) to stay at her place. I was suspicious for weeks, as I had gone about ...
Daniel DiCosimo
What’s the point of an LLC for new investors?
I know the subject makes me sound dumb, but I’m serious. It’s best practice to set up an LLC to protect your personal assets, but from what I’ve found, it’s nearly impossible to get your first property under that LLC ...
Michael Palmer
Reasonable Construction Loan Terms
I'm working on obtaining a construction loan and I was wondering if anyone knew if these were relatively decent loan terms. $346,000 loan amount. 75% ARV. 3pts to the lender. $3K to escrow/title. $84K cash to clo...
Matthew G.
To rent or sell existing home after purchase of new home in Southern California
I'm sure this question comes up often when people upgrade to a new home but don't need to sell their existing home as a contingency. I'm looking for advice on the following scenario. Party decides to buy new home and ...
Jason Staine
recommendation of banks for Solo 401k checking account
Not having an easy go of finding a branch that can hold a checking account for our solo 401k. we are in North Jersey. Any recommendations would be great.