So I haven't run into this yet but as I grow I imagine that my odds of a tenant dying grow.Here are my concerns:Who becomes responsible for that month’s rent, if anyone?Who becomes responsible for the dead tenant’s po...
Hi All, I am finishing up my first year of real estate investing with buy and holds. I'll be at 10 units and over 30 tenants so I know things will get hectic especially with me being in a full time job. My question fo...
Hey BP Community!So, I am currently going thru the loan app process and my "pre-approval" loan amount is looking at about $100K, which I know is tough but not impossible to navigate for initial home purchases.I am a s...
Hello Biggerpockets Community,I have decided that I would like to start my real estate investing journey by obtaining fix/flip and long-term holds outside of my local market. Living in san Diego, the numbers along wi...
I’m buying the house from a housing nonprofit/city of VIRGINIA BEACH agency below market. They bought and rehabbed it in 2013 using state funds for affordable housing. So it has an “affordability DOT” attached in that...
Hi There,
I am a new real estate investor living on Miami Beach. I am currently lining up all of my resources and knowledge to do my first rehab in Miami (single family homes). I am also a member of the Miami...
Hey folks! I am a newer investor (2 hands on renovations, 1 rental) based out of Richmond, VA. I have been looking to build my portfolio in Richmond but it has gotten too hot lately. I was looking at Detroit (green ac...
Good morning,
I purchased my first home, a townhouse, in 2005. I quickly learned I was a nomad and moved after a year. I listed it as a rental property in 2008, and I have been renting it ever since. I am looking to ...
To preface, I'm a brand new investor and considering different markets for my first property to invest in. My current preference is to look for a duplex instead of single family homes. I've been looking at Lakeland FL...
so I'm in the process of getting pre qualified for a loan. I think I should be set after today. Before I find or look for properties should I hire an attorney? Or should I do that once I have my property in mind?