Chad Lamb
Commercial Loans for a SFR??
Hey all!!! Thanks for your help ahead of time! So my question is about the benefits of using a commercial loan for a SFR. Here is some information on my situation. We are nearing the end of the rehab on a SFR with the...
Christina Brooks
Buy as many as I can or slow down?
Hi All,
Over the last couple of days 4 or 5 deals have come my way that seem pretty good (this is preliminary observance... no extensive research done yet). If they all check out they would be great buys for me.
I ...
Andrey Y.
Tenant moves out early, how would you handle this?
I had a tenant that unfortunately had some financial difficulty and had to move out (her husband lost his job). I suspected this vaguely last month when the rent came in two separate installments.She has payed up unti...
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...