So recently closed on my first buy and hold rental property. I have seen a bunch of conflicting information on what to do with regards to protecting myself. A couple resources suggest putting the house into a "trust...
Hello BP world,One of my tenants ask to pay her rent late because of a death in her family. How can I sympathize with her and also be stern about paying on time. How should I say it without coming off inconsiderate? P...
I am an investor starting my real estate journey. I am about to begin purchasing rental properties in Alabama (Birmingham) and rehabbing and renting them. Based on your experience or expertise, will an Alabama State L...
Hi there,I have a tenant with two pitbulls. The tenant was in the building when I bought it (I've owned the building for 2 months) and he claims to have an insurance policy covering them.My insurance company is sayin...
Theoretical question for you guys: Imagine you have no money and few skills. You have to become a millionaire in 5 years. How would you do it? Looking for specific and actionable answers/ideas that are accessible to t...
Now that I have your attention, I'm open for suggestions as to how we avoid the inevitable.
I've been reading and studying up on the financial problems that keep growing here in the U.S. Here is an article that has s...
Is it safer to own a property free and clear rather than leveraging? If the real estate market crashes again like it did in 2007-2008 aren't people who are leveraging at a risk to loose everything?
Hi all! I'm finally ready to make the leap and purchase my first buy-and-hold rental property. I've recently found one that I like a lot, however they want cash for it. While I have about half the cash on hand, I'd li...
So a friend I worked with flips homes on the side and this year is on path to make 750k (legit money esp for a side gig) and he told me one of the best ways to build up income for someone with limited capital is to bu...
Hello Wonderful Bigger Pockets Community!
I have been lurking around BiggerPockets for a decent amount of time now. I was fortunate it enough to sell a successful business late last year and after discovering...