Brad Gibson
First Eviction - Advice?
I’m doing my first ever, move the stuff onto the lawn eviction tomorrow at 9 am. Tenant is $6,200 behind on rent. Just stopped communicating in October. Won the eviction case in November, but judge delayed my ability ...
Dallas Jacobsen
Rental owner in Lynnwood WA
Hello,
My name is Dallas Jacobsen. I'm an Engineer, and only became a landlord by the lucky move of not selling when we bought a new primary residence. Out rental is in Lynnwood WA (suburb of Seattle) so the house val...
David Sisson
Trouble finding qualified tenants in RI + questions about SF
So, I'm purchasing my first single family as a rental. East Providence, quiet B neighborhood. 3 beds/2 bath. I'd say that the unit is C+ or B- quality, with the nicer homes in the neighborhood being the owner occupied...
Jack Tucker
Turned a $52k condo into $6250 in rent / month. Forget 2%, This is an 8.3% PROPERTY!
How to make $6250 rent a month on a condo? Here's how I did it. BANK CALLED ME and I agreed to buy a condo they were about to take back in Athens Georgia near UGA. 3 story, 5 bed, 4 bath with nearly 3000 square feet. ...
Nathan Arceneaux
How to build a RE portfolio while managing a full time job
Hi Guys,I work in Corporate America, typically about 40-50 hours per week plus travel at times. At home we have two small kids. We have little time to invest in real estate, but have managed to build a decent portf...
Jason Yuan
Section 8 ask me to pay back 5 year rent for $44,000
5 years ago, i advertised my house for rent for $780. a lady said she has a section vouch for $760, but she can pay the difference of $20 from her pocket. so we signed the lease for $780, but she changed the amount to...
Robert Ferrell
Using credit cards to fund the purchase of rental properties
Is there anyone out there who has used credit cards to fund the purchase of a rental property? I am planning to use my cards as a tool to aquire property and then get a cash out refi as soon as possible to pay off tho...
Mary El
Dumb? move - Jerry Norton's 10K Club
Hey BP community, I need your help. I signed up for (yup I paid $1,000) for Jerry Norton's 10K Club. I won't go into all the details here about why I think it was a mistake after spending 5 hours with the system but I...
Nick B.
A sample value-add apartment deal - how (un)realistic is this porforma?
Hello BP,I put together a proforma for a fictitious 100-unit C-class apartment deal located in DFW, Texas.Here is the link: https://docs.google.com/spreadsheets/d/1_Dui4Fly69...I used rents and expenses from the deals...
Tucker Cummings
Thoughts on Cashing out my 401k
I'm wrestling with cashing out my 401k and I'm wondering if this is something I should do with mine and my wife's 401k. The purpose would be to push it into real estate. Total we have about 70k in our collective 401k....