Brandon Johnson
How to Structure My Creative Finance to Purchase a Duplex
I found a deal in my local market here in Baton Rouge where a seller is willing to sell his duplex, that is not currently on the market and he is open to possibilities of carrying a note for a small portion of the pur...
Caleb Mclamb
Vet'ing a mentor?
Hello BP,I am just getting started and have been active in my local REIA, I have been approached, about a week after a meeting, by a member who has offered his mentorship and would like to do a deal with a 50/50 split...
Abigail Santamaria
Fourplex Purchase / First Time Home Buyer
I am a first time home buyer and looking into purchasing a fourplex in which, I will reside in one of the units and rent out the other 3. Since it is my first time, I have many questions I was hoping the biggerpockets...
James Pettinelli
Investing out of state
I was initially trying to invest in locations within 1-2 hours driving distance of where I live in Northern VA, but then it occurred to me that that's a very limiting approach. But how do I invest out of state? How ...
Account Closed
How to manage SFRs without a property manager.
When I began investing out of state, primarily in Austin and Dallas, I hired property managers to help manage my SFR properties.When investing in SFRs, you're dealing with very small numbers. For this reason, (1) und...
Dan Ross
Buying a short sale for personal residence
My wife and I just submitted an offer on a house here in Spokane that is being offered as a short sale. This would be our first home. The homeowners have a medical hardship and the bank, Ocwen, owns the first and se...
Scott Schaecher
Experience w/ STL Flips, Semper Fi Renovations, Richard Brooks?
Has anyone worked with a contractor named Richard Brooks, under either the business name Semper Fi Renovations or STL Flips? I have a project going with him right now that is not going well, running almost 2X over est...
Peter Crabtree
Trouble with money oder for rent.
Hi BP,
I need a little guidance. I have my tenants mail their rent to a PO box. My rule is that as long as it is post marked by the 5th it isn't charged a late fee. I have a tenant who has lived in one of my unit...
Jeremy Seely
Staggered Rent Due Dates
I recently inherited some multifamily property and the longtime property manager has leases set up with many different due dates. About half are due on the 1st, some on the 15th, some in the 20s, etc. The main reasoni...
Sandy Peters
Home Loan Preservation company
I just attended a 1 1/2 hour spiel at the local library from this loan modification company called Home Loan Preservation(HLP). Having just heard Obama's "plan" I was curious to hear what they had to say. Anyone kno...