Michael Ulrich
Inheriting month-to-month renter without written contract
I have a property under contract and will be inheriting a tenant that has lived in this house for 10 years, and pays consistently via direct deposit. However the previous owner did not have any written lease agreemen...
Noam Birnbaum
cost-effect strategies for building a new unit
Hi folks,I own an existing property in the Bay Area that has a large backyard -- large enough to build an additional rental unit. I've inquired briefly of a couple local contractors and have received ballpark construc...
Mark Barnes
LLC or S-Corp for REI business with partner
Hello BP, I'm curious if you could provide some insight into the better entity to form for REI. Would it be better to form an LLC or an S-Corp? I hear with an LLC the directors can still be targeted in lawsuits. Is t...
Jason Boulay
Selecting a broker
Earlier this year, I took my pre-license course and passed the Rhode Island salesperson exam back in May. I have been dragging my feet since then to find a broker. I don't know any real estate agents that could refe...
Kelvin Letron Brantley
Lease Option Buyers: Bad Credit?
I have a question regarding lease option buyers. One of the assumptions we make about lease option buyers is that they probably can't qualify for a bank loan. If that's the case, what are some of the screening techn...
Darsh Patel
Buying Multi-Families Out of state
Hi everyone, I'm from Boston, MA but I don't want to invest in Boston because of increased real estate price and decreased ROI. I'm looking to invest in property down south. But, I'm not sure if it's logical to invest...
Mark Malevskis
Seller Credit at Closing?
Hello, Has anyone had experience doing a fannie or freddie small balance loan and having the bank allow seller credit at closing for repairs?I've negotiated about 3% of the purchase price as credit back at closing, ho...
Jacob Breazile
How to go from owning a home, to owning a multi family property?
I am a first time home buyer, and was initially planning to purchase a multi family property such as a duplex or triplex with FHA for my first home, and live out of one side. Now I have found that despite having no o...
Toree Barnes
Analyzing a property - New investor
Hi everyone ! I recently discovered Bigger Pockets and ever since I have not gone a day without being on the website! I am new to real estate and I am educating myself on finding good deals. I am analyzing a property ...
Account Closed
Fittest Hard Money Lender
Hi, I’m filling out applications for hard money loans today. No one has seemed to make this simple out of all I have read. There are lots of people buying $20k homes and rehabbing from what I see. Which hard money ...