Jennifer O.
Buying MFH with existing leases I am not crazy about...ideas?
Hi BP,Have an offer in on a MFH (competitive bid situation) and I have just received the existing 3 leases (that expire anywhere from 30 to 120 days after I take possession).I'm not crazy about how the leases are writ...
Jeffrey De Los Santos
How can I become "bankable" in my situation???
Hi Bigger Pockets Family,
I am in a very difficult situation with my first rental property and at this point, I'm not sure what to do. I know, I wrote too long of an explanation, and I apologize for that. I thought m...
Jacob Flores
Is this Best my best Option? Sell my house to invest?
I had a real estate agent come and look at my house. I owe $140,000 on the house and real estate agent said well can sell our house for $260,000. I have only been in the house 5 years and property keeps increasing in ...
Roman G Wippel
Newly Landlord Career
I am a newly real estate investor, who acquired a tenant. The deal is as follows: ARV 98 KPurchase Price 47 KRehab Price 15 KHolding Cost/Transfer 1 KARV in 6 months at 70 percent 68.6 KYielded Profit 5.6 KCurrent Ren...
Joan Smith
Purchasing duplex w/long term tenants who pay $1K under market
Hi,
We are purchasing a duplex. The current tenants have been there ten plus years are paying at least $1K under market and want to stay. They are month to month. They can not afford a $1K increase and I need to rai...
Tuan Hoang
Tax strategies for high income W2 earner
Hey everyone,I am a high income W2 health care provider. Taxes were never the main reason I wanted to get into real estate, however I took a 30min coaching call during the lockdown to discuss strategies and the person...
Nathan Birkedal
Getting Started! Is Raleigh right for me?
Hello everyone! I was hoping I could run through my situation, and see if I could get some advice from the community.I am turning 25 in October, and my lease ends in June. I work near Glenwood South (downtown). I have...
Chris Shuptar
Tenant wants break lease with 1.5 years left.
I am in a strange situation. I have a tenant in one of my units and she has signed a 2 year lease. She is about 5 months in and now she is telling me that she "can't afford" the $1500/month rent and she will likely ne...
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Starting a Partnership
So I decided since i have no money and bad credit I would parter up with someone while getting some cash reserves and repairing my credit. My parter has some cash and really good credit. But when we sat down to talk...
Christian Hall
"Cash for Keys" vs. Eviction
Hi BP,I've had a tenant for about six months who has typically paid on time. However, she has run into some hard times and is now behind on rent by $1,890. ($840 remaining for Dec 2019 + $1,050 owed for Jan 2020 = $1,...