Account Closed
Was told to use LLC but Financing is challenging
I was told to drop my home into an LLC ASAP. It's in a single-member LLC. It's owned free and clear and now that I want to pull cash out via a refinance, no one seems to want to work with me. But if I pull it out of t...
Max James
Creative Way to Increase Your Cash Flow
I'm restructuring some of my leases to increase cash flow on a per building basis. For example, I am going to provide my tenants 2 window AC units, free parking, free storage, and some other amenities that they can i...
Patrick Chiles
Are you willing to help the homeless?
There is a program under HUD (Emergency Solutions Grant Program) that provides money and incentives to property owners to rent their properties to people who are currently experiencing homelessness. And within this p...
Svetlana Kazantseva
General Contractors refusing to quote without them buying materials
Hi all! We have a really hard time finding a general contractor for our repair project in a buy & hold SFH in Kansas City, MO. We hired a property manager after purchasing the house and both contractors they sent ...
Axel Meierhoefer
I love my Turnkey Investments. BP is skeptical. Am I just lucky?
I have a strategy I call out of state turnkey residential investing or "OOS TK SFR". We have all our properties in this model and have great experiences for several year now. When I speak to people here on BP, a lot o...
Cameron Lam
How I achieved $100K annual cash flow in 2 years
A Little Backstory
Hi BiggerPockets! I wanted to make this post to give some inspiration to those newbies just starting out or even the more seasoned vets! I set out on my real estate journey with my first investmen...
Lauren Van Riper
Tenant wants extension - you will not believe the reason
Long post - HELP.I got an email this morning from my tenant that I sent a non-renewal letter to last month. I gave this tenant an extra month to find new housing as it is very difficult to find housing here. She has ...
David Jonsson
unlicensed activity
I got a letter from Wisconsin Department of Professional Services Division of Legal Services & Compliance. They received a complaint from someone on my direct mail list of probate properties. My marketing lett...
Emily Poerio
Short term rental's cash flow is not great, should I walk from the purchase agreement
I am new to investing and after a few deals that had multiple other offers that I didn't win out; I did execute a purchase agreement last weekend but doing more analysis on the property and potential rates being 7.5%,...
Joshua Dorkin
The Top 5 Landlord Mistakes
I'm looking to see if we could compile a list of the top 5 mistakes made by landlords. I'll throw out a few and hopefully we can come to some kind of consensus.
Note - to all who participate,...