Jason Harbison
Flipped my first house. Ready to sell and buy another
Ok, so I’m new to real estate investing. I just flipped my first residential property. I am ready to sell in the next 2 weeks. I would like to get my next one under contract as soon as I sell this property (without us...
Benjamin Lemieux
Buying Property During Covid
Hey Biggerpockets community,
I am in the middle of purchasing a duplex. This will be second property ( I have a 3 family). I have about 5 months worth of reserves after the new purchase. I feel as if I am still in ...
Anton Ivanov
List of COVID-19 Resources & Relief Programs for Investors
There has obviously been a lot of discussion about this already, but I wanted to put together a single list of available relief programs and other resources landlords and investors can take advantage of right now.
I ...
Blaine Kosek
Late on Rent during Corona Virus but working
I have brand new tenants that moved in days before the Illinois quarantine started. They are both working from home but have made a comment about “not needing to pay rent.” I explained that rent is still due and the l...
Serge S.
$30B in CMBS coming due this year
Interest article. $30B in CMBS maturities coming due:By Craig M. Douglas and Corina Vanek – Phoenix Business Journal8 hours ago
The last time the U.S. economy was in crisis, terms such as “jingle mail” and “extend ...
Jaysson Brooks
CARES ACT: Penalty Free $100K Loan from 401K?
Hey everyone, the new CARES Act allows for us to make a loan up to $100K from our 401K penalty free that doesn't have to be paid back for 3 years as long as you can show hardship 2/2 to the coronavirus. Does anyway kn...
Megan Brooks
Tenant turnover. How do you know they'll actually leave?
Landlords- how do you handle turning over a unit and ensuring your tenant is actually going to leave at the end of the lease? Currently I have a lease ending 7/15 and want to have the next tenant in on 8/1. I will sta...
Brittaney Woods
Please help me figure this out....borrowing your way to riches....
OK, so my husband and I just got into a huuuge argument over this.He is not associated with real estate in any way btw.I was trying to explain to him my plan/strategy to acquire a bunch of owner financed investment pr...
Joel G.
Help Analyzing Deal
Hey All,Looking to make my first offer today and I'd like to run the following deal by you all: Historic 4-plex (2 buildings). One 2bd/1ba ($725/mo), Two, 1bd/1ba ($630/mo), One, 1bd/1ba ($590/mo). List Price $255k. T...
Geoffrey Lessel
I did it! (my first deal)
My first deal closed today and I just deposited my check into the bank. Here's how it went down:
I found a burn-out that was being advertised for $15k. I saw the ad in the morning, went to look shortly after lunch, a...