Audrey Ezeh
Barely closed and Murphy came knocking :)
Closed on my duplex on Thursday. Seller who happened to be pretty much a friend I met through REI forgot to give me the key to the back unit that is already rented out. He left the key to the thrashed unit that needs ...
Emily Snapp
Lead Based Paint
I'm going to look at a property tomorrow morning that has LBP on the interior and exterior. It was build in 1940. If I buy the property, it will be a flip. What do I do about the paint issue?
Also, in the ...
Mario Dattilo
Issues with buying in Corp or LLC
Is anyone having issues with BOA and Wells because you are taking title in your corporation or llc? Bank of america countered with something like "because the buyer is an LLC we are countering with 154k" and told my n...
Julie N.
Inheriting a tenant on a rehab
I have a potential deal on the table in CT that would require the Buyer to inherit a elderly tenant. The family inherited a home and they put their Uncle in it to prevent the home being vacant. Home needs total rehab...
Matt Liu
Using an Operating Agreement for Joint Ownership
I am buying a rental house with a friend. We are using an LLC. Does anyone have recommendations for what to put in the OP AG besides the standard stuff? What do we do if we disagree on things? Should we have in the...
Ryan Haltom
How Long to Live in a House Hack
Hey Everyone,I have heard it said on the podcasts before that the reason you are required to live in a house hack for at least a year is because that is how long it would take you to qualify for another mortgage to go...
Nik Moushon
Potential Tenant with future court date
A quick disclaimer, this potential tenant, we'll call Rose, has other issues with her application that will cause me to not accept her but i'm posing this question to gain some knowledge and opinion. She toured the ho...
Marc Shin
Under contract on an Older Home (early 1900's).. issues
I'm under contract on an older-home. Like early 1900's in Florida. Home inspection completed yesterday. The 2 main issues are that there's a leak in one of the bathrooms that is causing water to flow under the sub-...
Brandon Turner
Making Money on Deals that Most Investors Throw In the Trash
Hey folks,
Today on the BiggerPockets Podcast we are excited to bring you an interview with @Grant Kemp and he shares his strategy for buying over a dozen homes a month ... most of which require little-to-n...
Alma Mills
Suggested private money interest rates?
What do you think are reasonable rates and terms to charge private lenders I know. Giving them 1st position on a property where they will be lending no more than 70% of the ARV.