Hello,I'm considering a triplex for buy-and-hold in Los Angeles, whose current rents are 45% below market, but if you could raise rents, it would mean the difference between us having -$200 versus +$1500 in cashflow. ...

Though we have owned a number of properties for a few years, we only recently came across the issue of a tenant having a check deliberately cancelled on us on their way out of the home. In this particular instance the...

Hello everyone. I just became aware of Bigger Pockets on Thanks Giving. My sister told me about it and I've since been listening to ALL the podcasts starting at #1. It's helped with real estate language fluency. My da...

Hi, all. First, apologies if this is the wrong place to put this question--my buying a place hinges on it, so I hope this is the right place to post.Anyway, total noob question. A lot of you are probably familiar with...

I break land development deals down in 12-month increments. As a rule of thumb, I structure deals so I never have my money tied up in the deal more than 12-months. As a second rule of thumb, I try to lock in my return...

I currently have a home that is worth anywhere between $300k - $400k. We have lived here for 3 years and owe $260k (purchased for $280k). We are relocating out of state and I'm interested in using this as an opportuni...

Hi my name is Kellen, I am a professional overseas basketball player. During the offseason, I do not work because I have to train and plus the money is good enough to live off of. The first part of my plan was to in...

I was talking to a friend who has several dozen rental houses in the Milwaukee area and he said that he only does month to month leases on them.  They are all in B &C neighborhoods.  He takes great pride in his pr...

Hello!I have renters in our unit for the past 5 months. They signed a 6 month lease with us. Last month, while paying rent, one of the tenants told me that they were considering not staying the full 6 months and that ...

Hi BP I recently heard a story about someone buying a 2 family with a 3.5% down FHA. After about 8 months they refinanced. They then took the money they cashed out from the refinance and used it as the 3.5% down with ...