Christopher Triolo
Advice requested on what to do with troublesome property (all numbers included)
Hello All, I had posted this a while ago, but now I wanted to put all of the numbers out there and see if I could generate any creative solutions to my real estate problem. I'm not trying to sell the property on this ...
Elizabeth Schellhammer
THREATENED YET AGAIN WITH A LAWSUIT
Hello BP Community,HOW DO WE DEAL WITH THE TENANTS THAT MAKE US CRAZY?!??!?!?!!? I have been filled with anxiety for the past three days and it is emotionally exhausting. My husband and I accepted a retired couple to...
Alex Mendoza
$20k Cash Ready to Invest. Now What?
Hello BiggerPockets! I’m trying to get started with my first deal. Right now, I have $20k in cash and ready to get started. I’m writing this with a little frustration and slightly demotivated ... but it NO WAY am I st...
Clark Hess
Vacation Rental Management Questions
My wife and I just moved to a small mountain town in Colorado and there is a huge demand for vacation property management here. We already have people that want us to manage their property but we are still trying to u...
Huy Thai
Hard Money: a comprehensive DO's and DON'Ts needed
BPers,I searched the forums for a list of do's and don'ts for hard money lending without much luck so I'm going to see if I can get all the answers in one place. I am at a point in my REI where all my personal and pri...
Brad E.
Duplex appraisal value 11K under contract price...now what?
I just received my appraisal back on my first property (duplex). It came back 11K under the purchase price agreement. Not really sure what to do now. Any advice?I reached out to my agent already. She unfortunately...
Tikka Koti
Wrong lot size on MLS, under contract in due diligence period
Help Help Help!!! We are first-time homebuyers in NC and are going through a very tough situation.
We recently went into a contract and are currently under the due diligence period. We found that the Seller agent men...
Sam Lopez
I’m considering investing in Detroit and/or Texas around Dallas
Hey all,So I’ve been looking around online in the downtown Detroit area. I’ve also searched the forums for conversations regarding Detroit and it seems that the most recent conversation is a couple months old. I’d lik...
Ben Leybovich
Conversion of Hotel to Apartments - who did it?
I took a week off to satisfy Patrisha's desire to remodel our house (see the pictures here). But, a deal came across my desk. This is a 50+ room hospitality asset. It can be bought at rather low per door basis, even a...
Michael E.
15 yr vs. 30 yr affect on cash flow
So imagine I have a generic property in a vacuum that I could finance in one of three ways (approximately):30 yr loan => +$1000 cash flow per year20 yr loan => Basically break even on cash flow15 yr loan => n...