Matthew Morrow
4 out of 5 new tenants evicted or arrested....
Hey everyone,
We’re in a tough spot with a recent client purchase. They bought their first 5-unit property (and their first deal altogether) a few months back, and since then, all but one tenant has either been evict...
Ashish Yadav
REI Nation (formerly Memphis Invest)
Does anyone here have any experience with REI Nation (formerly Memphis Invest)? We have been interacting with them for the past two months and have had the following issues :-
1. Cash flow negative - On all the prope...
Curtis Harrison
Are Property Managers worth the money? Can I do this without 'em
Good morning,I'm a landlord with 1 property. It's a 4 bdrm and rents for $1950/month. I have been paying $135/month to a property management company and as far as I can tell, all they do is collect the rent, keep th...
Jessica Hall
Sold my first home but received additional dox after fnl closing
Greetings, I recently sold my first home last week using a realtor. The paperwork was completed, signed, notarized by both parties and I receive my wire transfer on Monday as the closing was on a Friday after hours. F...
Kevin Somers
To Evict or not?
So, we've got this one tenant that has always been a thorn in our side. He always pays a week or two late, although he always pays the late fee so it's not a big deal. But, and this is the key part, is that every ti...
Elle Xuxin
is it better to have a Nevada or Delaware LLC for my real estate investing biz in NY??
we are moving to NYC and going to set up a LLC for my husband's sound design business and wondering if it is better to start a separate LLC in another state or just use the same LLC to start with.. point is we don't h...
Isabella White
Hello World! I am new to BP & RE investing. Any pearls of wisdom?
Like the title says, I have recently discovered Bigger Pockets and am so excited to have found a community/forum of likeminded investors!I have been “flirting” with the idea of Multifamily RE investing for 6 months no...
Michael Baybut
Bank REO purchase strategy
Hi,
This is a bit of a follow up from my previous post. I'm very interested in a REO property that's about to come on the market soon. I tried to buy it as a SS but it ended up at foreclosure. The bank had accepted my...
Adam Smith
Techniques: Getting the bank to accept your offer
I'm sure there are a few posts for this floating around, but I wanted to bring it up again and open up some ideas.
How do YOU get the banks to accept your offer, either short sale or REO?
My first (and only, to da...
Brad Gibson
First Eviction - Advice?
I’m doing my first ever, move the stuff onto the lawn eviction tomorrow at 9 am. Tenant is $6,200 behind on rent. Just stopped communicating in October. Won the eviction case in November, but judge delayed my ability ...