Andrew Briggs
Landlord rights to enter property?
Hi, I have 2 small rent houses on one lot in Fort Worth, TX. Today I went over to get a bid from a contractor for the back house for exterior painting. Incidentally - in addition to painting - I started asking about...
Account Closed
Owner Carry/Owner Financing
Hey Bigger Pockets Community,Hope everyone is having a great day. Looking for advice or resources. I've read a few articles on Bigger pockets about Owner carry, and have become quite intrigued on the topic. Most artic...
Ryan Haase
Mold on Wall in House - Tenets Not Paying
I'm currently out of state and I received a call from a tenet today that there is mold growing on the wall behind their couch and under the sink. The tenet sent me some pictures and the good news is that the mold is g...
La T.
LLC vs personal umbrella coverage for investment properties
Hello,I am buying 2 investment properties. Am trying to decide between creating an LLC and getting Business liability coverage for the properties or just covering them using my personal umbrella insurance.Any suggesti...
Jon Klaus
401K or rental portfolio?
Hypothetically, which would you rather have?A 401K worth $500,000, currently invested in index funds, but easy to convert to other securities or cash. Or10 single family homes worth $1,000,000 with $700k worth of mort...
Patty C.
Loaning Money To A Friend For Down Payment
A good friend and colleague owner occupies a three bedroom condo that he does not like. He feels it is too big, not walk-able to destination activities (restaurants, movies, parks, grocery stores, etc). It does not ha...
Song Choe
Getting Security deposit back.
Hi. If this is not the right place to post I apologize and I will remove it. Both Landlord and I live in Virginia.I have asked the Landlord in December 2018 if I can move out earlier than the original lease end date(...
Anthony Sgro
High DTI...difficulty finding a lender
Hey everyone! I’ve found my first rental property that I would like to put an offer on, however, I have an DTI of 46%. I have plenty of cash for a 25% down payment, but I’m having a hard time getting past my high DT...
Benjamin Branson
Buying an occupied property with no leases
I'm buying a property out of state. The current owner has no lease with the current tenants. He has done no background check, no credit check. He manages the property himself and collects rent in person. The tenants t...
Vania Castillo
The holder of a note died!
Hello BP member!
I issued a secure note to a LLC of a sole member, he unfortunately died this week. The note is backed up by a property and is a commercial note due to mature on October 18, 2020.
I'm not expecting...