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I'm seeking some insight and advice on navigating a situation with a duplex we are closing on in a few days; one unit is vacant, and the other is occupied. Our friend and real estate agent, instrumental in this acquis...
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We have had a set of tenants that had kids with some special needs and they were pretty rough on the house. Wonderful family paid on time always and we sympathize with the needs of the kids. We went above and beyond f...
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I have written before about the pitfalls of cost segregation, for example here: https://www.biggerpockets.com/forums/51/topics/831924-beware... and here: https://www.biggerpockets.com/forums/51/topics/1075919-five-......
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I hired a general contractor to do a fairly major rehab on one of my properties. Construction is done but it now turns out that the GC apparently has not paid some of the subs yet and they threaten to file contractor...
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Hi, can anyone direct me to the process for how to handle a tenant that has not paid their lot rent? We bought a mobile home park and several of the lots are lot rent only to R/Vs. We have one that has not paid his ...
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Every once in a while I get this "offer" from Al Aiello to buy into his program that supposedly generates a 121 page LLC articles to include all kinds of contingencies to make sure it is protected on every level poss...
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Hi BPers,I asked a few of my coworkers if they would consider partnering with me on the purchase of another rental. I have a couple people who are interested and would consider putting down payment money in. My ques...
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Hello everyone.A quick question.Today I wanted to get all my contracts in order. In the package I bought "making your first million" there are supposed to be contracts included (couldnt find them yet). I tried to find...
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Hi all,Short background: I'm looking for my first deal - a buy/hold - and plan to get a conventional mortgage (Fannie/Freddie) because my only conventional currently is my primary residence.I can't seem to get my head...
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Hello BP,I have an opportunity for a unique property that doesn't really fit into traditional lending portfolios and I could really use some advice for developing a creative acquisition strategy. Background: In 2011, ...