Allan Smith
Unpopular Opinion: There's no big downturn looming over us
I've been hearing it for about 4 years. "This year is the big correction" "Any day now, we'll be buying houses for 40 cents on the dollar" "longest bull run in decades has to end soon" Let me elaborate and I'll finish...
Tina Cheung
Turning current townhome into a rental property?
Hello BiggerPockets Community!I’m a newbie and am seeking guidance from anyone who has experience turning their own home into a rental. I’m thinking about renting out my current townhouse and buying a single family re...
Jairus King
Tenant doesn't want interior pictures taken
Good afternoon all! I am thankful for the wealth of knowledge that you all provide and this network. I have found myself having difficulty making REOs simply because of commitments with the kids and time crunching. An...
Eve Oliver
LLC first step to create them
Hello, I just bought my first SFH a month ago and I am researching in how to open an LLC. Are people do this all by themselves (online) using LegalZoom or Accountant? I am a bit confused. What should be my first step...
Account Closed
Boarding and Insurance
We just boarded our first note. My first question to the servicer was if there was insurance on the property.
She said she doesn’t know. I asked “isn’t that one of the first things you look at”?
She said the investo...
Andrea F.
LLC line of credit to purchase, live in, flip?
Any advice, suggestions, or strategies on this scenario would be greatly appreciated: My husband and I are purchasing a single family home at auction (we have done our due diligence) as a first investment property. Of...
Peter Trettl
Off-Market Duplex Los Angeles -- Deal or No Deal?
Hi BP,First-time investor, new to BP.I've been searching for a Duplex/Triplex to be my first RE investment in Los Angeles. My plan is to purchase as Owner-Occupant (FHA), rehab and add the max number of ADUs, bring re...
Alecia S.
Owner financing property
I have a property I am thinking about owner financing to buy. I am not sure how it works. I offered 10000 down payment with 300 a month payment and a balloon payment at the end of two years with4 percent interest rat...
Shay Tamari
Chicago cashflow investments. Seeking shark agent south Chicago
Hi everyone,My name is Shay, new to biggerpockets. I'm very interested in cashflow investments in Chicago. Lately I've looked at the northern neighborhoods. As you can imagine the cash-on-cash is challenging there, so...
Omayra C.
Finding Motivated Sellers through targeted direct mail.
I am at a lost on what to write on a direct mail letter to find motivated sellers of multifamily properties. I am told so many different things such as writing to let them know of their depreciation ending soon to not...