Karyn T.
Tenant asking about rental increase.
Almost 2 years ago, we rented out our personal SFH. The tenants are professionals, who had hit upon hard times during the recession and their credit had taken a severe hit. They also had 3 large dogs (we have 2). B...
Christopher Fougere
Cash or HELOC for DP
Newbie question, assuming 250k duplex with 25% down requirement.(62k)Cash reserves are currently ~45k70% LTV in my current home is 92k.How would you finance this first buy and hold? Does it matter where I pull the ca...
Andrew Montgomery
What creative financing method would you use in my situation?
I just turned 50, I've worked a great W2 for 26 years in tech sales/mgmt and managed to save $3M across 401k ($2M) and Stocks ($1M). I want out of the W2 world but the golden handcuffs (and 3 teenagers) keep me tether...
Jason B.
Suburban Chicago: One of the Hottest Rental Markets in the U.S.!
Hey fellow suburban Illinois BPers -
Not sure if this has been sent/shared previously, but thought it'd be good to recap - Chicago Agent Magazine recently reported that suburban Chicago was ranked the second-hottest...
Ray Slack
Advantages of being a "real estate Professional" for tax purposes Vs disadvantages
So, I keep hearing about it being great to be classified as a "real estate Professional" for tax purposes. It seems the only benifit is to be able to deduct passive rental losses from ordinary income.. Since I have no...
Brad Kanouse
IRA funds as down payment
Hello. Is there a way to utilize part of my Traditional IRA funds as a down payment on a SFH investment property without being penalized?
Barclay Hallowell
Best use...bandit signs or direct mail?
Hello BP posters. I'm brand new to REI and have a question about how to use limited marketing dollars. What's been your experience/results with Bandit Sign vs Direct Mail? I'm looking at the Central Ohio area.Thanks!
Tucker Long
Single or separate websites for consumer sales and investing biz?
Hello,I'm working on building my real estate brand and am having a hard time deciding how much to combine or separate the sales side of my business from the investing side of things. My intuition is for the sake of cl...
David S.
Need guidance on structuring a deal-land contract or lease option
Have a seller interested in owner financing. Owes $240k with 17-18 years left on a 30 year ARM. I offered him subject-to, with him taking a carrying for $50k. Retail would be around $315k. Yeah, not a whole lot off re...
Ethan Johnson
Hello
My name is Ethan Johnson. I am new to the Portland area. Recently I have been listening to the biggerpockets podcast and have become very interested in real estate investing. Multifamily buy and hold properties seem t...