Bismarck Chiang
Selling my distressed home what should I do with my equity?
Hello, my name is Bismarck, I currently live in a distressed home in CA. I have $105,000 in equity. I was recently approached by a buyer willing to buy us out in cash. I also want to buy a new cheaper/smaller home for...
Jenesis Fonder
1031 Exchange, house paid off
My parents have owned a home in Minneapolis for 20+ years and the mortgage has been paid off for a few years now. For the past few years, my partner and best friend and I have been renting out this home and paying ren...
Marci Stein
3 adults living in house, only 2 willing to sign lease renewal
Lovely couple and her sister living in House . great tenants . sister says she might move back to Florida one day and refuses to sign the lease renwal along with the others. not sure how to proceed. I don’t see any n...
Alicia Marks
QOTW: How to get a reluctant spouse/ partner onboard?
We have heard it a billion times, "I'm super excited to invest/ reach FIRE/ make a career change, but my partner isn't on board." Have you been there too? Share your ideas for what may or may not have worked to encour...
Shane H.
If & How would you increase rent? (Unique situation)
Hi fellow BP'ers!I recently purchased a duplex to owner occupy and have been living there since December 2017. I inherited the tenants on the other side who also happen to be excellent neighbors. They are long term te...
Phillip Dixon
Just starting out- Is this even possible?
Hello!
My wife and I are just working on building up some equity. We have a little bit of a suicide-run plan to try to buy a multi-family, and looking for a reality-check if we're going to hard, or perhaps into somet...
Jay Hinrichs
how do you switch back to the old format this facebook look sucks
how do you get back to the old format.. one of the best features is you can go right to the end of the thread immediately this new format I think is going to really cause less participation.
Trevor Cox
Rentals near a university??
I've been trying to think of the pros and cons of owning a SFH or MFH that is near a university, meaning the tenants will most likely be students. Obviously there is the risk of college students trashing the place, bu...
Jack J. Nowotarski
Any suggestions or Insights to tenants who are very "Particular"
Hello everyone,I have a single family rental in a A quality neighborhood that has been nothing but fantastic for the past year and a half. The original tenant was a Godsend and honestly just paid us to use the 1350ft^...
Tyler Solomon
STR Financing - AMA
Have any questions about financing solutions for STR's? Please drop a question and I will be happy to answer, or point you in the direction of someone who can! Would be great to turn this into a useful thread for folk...