Chris Kyle
Inherited Commercial Property - Should I sell?
Hey Everyone,I'm admittedly quite new to this site and still trying to learn even the basics, but I have a somewhat imminent decision to make and I was curious your thoughts.For context, both my grandfather and father...
Jeff Melby
Should I sell our only rental and start over?
New member and new investor here!We moved from CO to FL last year and are currently renting our CO home. It’s currently in it’s 2nd 1 year lease. It’s in a great market for renting and real estateWe have a significant...
Account Closed
Ever keep a negative cashflow property?
Are there ever reasons to keep a negative cashflowing property? I have a decision to make.Here is my situation...Purchased: 2005 (We are 10 years into 30 year mortgage)Reason Rented: Moved to new home. This is our or...
Alan Asriants
Look at a Tenant's car when choosing applicants...
When screening a tenant, don't just look at a tenant's application and credit scoreTheir application will tell you a general idea of whether or not a tenant is qualified, but it won't show you how they will take care ...
Jason Hunt
What to do: Negative cash flow rental
I just found biggerpockets a few weeks ago, but I have already been amazed by the wealth of information here and the spirit of community and helpfulness in the forums. You guys are amazing.Having said that we are wond...
Joshua Schmidt
Closing on our 1st FLIP/BRRRR tomorrow
Well, we done it! We finally got out of analysis paralysis and made the leap! So I want to break down the deal below, and get a few of your suggestions on what our next move should be AFTER the rehab.Found the deal ...
Blake Ziegler
Purchasing a multi property RE Portfolio with little cash available
BP Members,I'm looking to dive in to real estate investing and came across an interesting portfolio that is being liquidated. The portfolio consists of 6 SFH's and 1 Duplex. All of the utilities are being paid in ful...
Jane Dang
Keep or trade up multiple units
I have a rental SFH, renting out $3500/month. It will be paid off in six months. The zillow estimate is 1M. I have been taking depreciation on this rental property for 20 years. I bought it 22 years ago $200k. Sh...
Harpreet Singh
Self Directed IRA - LLC
My wife just opened a self directed IRA account with Quest Trust Company. She was told by the attorney that Quest won’t allow her to be the manager of LLC. Attorney said that most other custodians allow that. I got gr...
Alicia Marks
QOTW: How to help a new investor stuck in “Analysis paralysis?
New year, new challenges is our focus for our Question of The Week!
We've all been there, excited about a new adventure, but scared to take the plunge. With the new year, lots of people are looking at starting their ...