Hi Bigger Pockets Members,I wanted to take a minute to recount an experience I had with a recent wholesale property. I hope that this can help someone who may be struggling with the same type of situation. I'm aware t...

Very interesting article. Hopefully a lesson to all the landlords here ...

Criminal Charges Sought Against Landlord for Lack of Smoke Alarms

Alright guys and gals, I'm new to the MHP business so bear with me. Providing your business plan involves hiring a tenant to be your manager, how do you typically compensate them? For instance, in Multifamily investin...

I am in the process of closing on my first deal and I can't stop thinking about lining up financing for my 2nd!

Here is my situation:
Starting on May 1st 2012 I rented two spare rooms in my personal residence. I had ...

I am looking at a deal on a quadplex that has been scabbed together over the past hundred or so years. It's got three units rented, 2 @ 400 + 1 @ 360 with the 4th unit vacant. The seller is asking $80,000.The carpets ...

I'm looking for a hard money lender and I am being asked to provide all of my financials and credit for a 'pre approval'...I'm confused...why would there be a pre approval without a deal being submitted? and why am I ...

Hey BP!!!So I’ve had this amazing duplex under contract since May 2019. All parties are ready to close. My lender is now telling me they will not give me the loan to purchase the house. Their reasoning behind is I “do...

What's the average number of years tenants stay in your SFR and 1-4 multi properties?  Please specify your property's class A/B/C/D, SFR or 1-4 multi, and if you self-manage or use a PM.  I'm more interested in averag...

Hello everyone. So I just had a quick question regarding choosing a real estate agent when looking to buy a property. I am in the military and got orders to my next assignment in Ohio, so I posted on social media aski...

New investor here looking to figure out how to start investing and scale up to 5-10 small multi families in 10 years (ish?)… hoping the BP community can help!I am in the Worcester, MA area, and looking to invest eithe...