I rent to college students, 3-4 per unit. My problem is that sometimes one of the students will not pay rent but the others do. What is my best recourse?That is, I will sometimes be paid 2/3 or 3/4 of the rent for the...
Hi Everyone! I'm new to Bigger Pockets and my goal in 2021 is get started with acquiring my first rental property. It’ll be a SFH with a MIL unit or ADU where I can house hack and use the collected rent to pay down my...
I’m 35 with a 2.5 year old daughter. Wife is a stay at home mother. I have a job, but it’s just enough to slowly invest in Bitcoin and stocks. My credit is bad 510 and 524. I’m in the Seattle Tacoma area. I don’t have...
Short back story, my brother convinced me to start in real estate in 2020 right after I sold my house. Been looking (1/8 to quartered assed) for a couple years now. This just fell into my lap, by him…..I completely tr...
Hello BP Family!
Okay, so I am in the process of acquiring a property from a bank, that currently has a squatter inside. Apparently this guy used to pay rent until the previous owner lost the property to the bank, a...
I have a duplex (side by side). Side A signed a lease for 1 yr that starts Sep 1. They are inherited tenants. They are a couple, that's dating. The guy notifies me that he doesn't like her anymore and is wanting to mo...
So I am wondering if this is a legitimate asset protection strategy and would highly value any mortgage lenders or attorneys opinions. I haven't heard this discussed before.My wife and I own several properties. I ha...
Hi BP community,
I was hoping for guidance on financing a single-family property through an LLC. I am curious about how this can be accomplished and the terms of the loan (I understand I don't need an LLC but I know ...
Hello, Background: I'm looking to buy my first multi-family rental property, a spacious two family home caught my eye in Rhode Island for about $180,000-$190,000, which should be able to get $3000 in rent a month, it ...
Hi There, I'm a newby investor that ventured into my first multifamily that I am working to stabilize. The property is out of state for me (also a first!) located in Cincinnati. The property is a 4 units - 2/bed, 1/ba...