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I've received a few direct messages over the last few months regarding this thread:https://www.biggerpockets.com/forums/530/topics/20...So, rather than typing everything out every single time, I figured I would post a...
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Hi BP I received this text message below today from my tenant. Here is some info on the situation. Her lease has been over for 2yrs now so she is on a month to month lease. In her lease it stated she had access to the...
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We were thrilled to find a tenant in California who was willing to sign a long term lease due to a project he was working on. The caveat was the rent was set at below market and fixed for the 5 yrs (rookie mistake).
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I will be a passive investor who will finance the flip and my partner will do all the work and we will split profits according to our agreement.My preferable way would be to buy it in the name of the LLC I own 100%, m...
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I'm having a drainage issue at one of my rentals. If they get a heavy rain, one side of the yard is holding water up against the house, and it's seeping inside the home.Last year the PM installed an outdoor sump pump...
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Hello BP! This past summer I completed my first deal diary and am here with another diary of an out of state rental property in Northeast Ohio. ( https://www.biggerpockets.com/forums/522/topics/20... )Currently, I li...
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What kinds of improvements add the best value? We currently have two flips in process, and I want to make sure we don't waste capital on improvements that won't return value. I will give you the general specs for this...
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Hello BP nation,So I am currently in the educational phase inching closer to the idea of buying my first property. I have listened to over a hundred bigger pocket's podcast (both the real estate one and real estate ro...
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If you could offer one word of caution. If you could help save the new real estate investor from making a huge mistake that could cost them thousands or even their business...Just one word of caution, based on your ow...
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Here's an actual BRRR (Buy-Renovate-Rent-Refinance) deal, with a $2.2M profit if we sell it or a $15,170/month cashflow if we keep it.
But before I share with you the details, a word of CAUTION to the newbie investor...