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Hi all,First off, I'm a new member. Looking forward to learning more and sharing some of my insights.I currently have one investment property, condo, generating $1,700/month with a mortgage/HOA around $1,000. It's bee...
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Currently my husband and I own three rental properties along with our primary residence. We are interested in moving toward small multifamily i.e. 4 to 6-plex to start. My question involves financing. We have a home t...
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Hello All,I'm interested in creating an LLC to begin purchasing property under this umbrella but my understanding is it may be difficult to obtain financing under the LLC entity because of the lack of credit history. ...
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Hey Everyone! I had a question regarding how to handle a property that currently has tenants that I am looking at acquiring. The lease which I think seems pretty extensive/quite good belongs to the management compa...
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My property's lease is coming up for renewal at the end of June and I wanted to get a sense of how many weeks before the end of lease do you start to advertise the property? What is a reasonable amount of time to exp...
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Hello BiggerPockets friends,I guess I need some help in understanding the benefit and strategic advantage of cashing out appreciation on a property and using it to buy another property.If I appraise a property, I am b...
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I recently finalized my first flip. We purchased a home for 130k put about 30k into it and sold for 245k after all taxes and fees we ended up with 220k in the bank.
We are currently looking for the next deal ...
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Hi all, I've been more of a rehab then hold investor and own rental properties. I've hired property managers but not all have been good. I'm starting to think I'd prefer to flip properties, that way you don't have to ...
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In the effort of continuous improvement, I ask the following...
When tenants are late we post the standard Pay Rent or Quit notice or their door. Sometimes this works and we get paid, other times it just begins the ...
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I was wondering if any of you guys could help me out. I'm looking for some tips on how to type up a contract for a double closing, and possibly assigning a contract.
Do you guys know any good websites that have thes...