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5 November 2024 | 22 replies
Total still owed $13,600 (rent, late fees, legal fees) and $550 for the locksmith.Place reeks of pot, she had her adult son, who by the paystubs left behind only made $152 a month and spent his days laying on the couch (which reeked of pot) smoking and playing x-box (abandoned and power supply cut up).
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30 October 2024 | 35 replies
You're absolutely right—some investors still flock to cities like New York and San Francisco, even though these places come with more tenant-friendly regulations.
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4 November 2024 | 14 replies
To succeed in Cleveland's short-term rental market, research local regulations, analyze potential locations, find ideal properties, build a network, plan renovations, stay connected with BiggerPockets, focus on modern bathrooms, cozy outdoor spaces, and practical amenities.Good luck!
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1 November 2024 | 6 replies
The rent declines in the market are temporary until the new supply gets absorbed and demand picks back up.
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8 November 2024 | 22 replies
Private placements are inherently risky by that very fact - they are not regulated or audited to the degree that a publicly traded company is.
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1 November 2024 | 6 replies
For winterizing a property without heat, shutting off the water supply is a key step to prevent pipes from freezing and bursting.
2 November 2024 | 8 replies
Landlord’s only option to collect funds for damages is to take tenants to court.More and more tenants are only having a portion of their rent covered by S8, so landlords need to still screen S8 applicants for portion they must pay.Landlord cannot charge S8 tenants a portion of shared utilities – which can lead to the infamous tales of tenant retaliation against landlord by blasting heat on high with open windows during winter.S8 caseworker response times can be very slow, as they are usually overworked & underpaid.Again, overall it’s a pretty good deal for a landlord that does some decent screening.Exposing Section 8 Housing | Tenants From hell 243 - YouTubeLiberals Blame this Eviction on Landlord Despite the Before & After Footage | Tenants From Hell 241 - YouTubeMy first Baltimore buy & hold investment - SOLD (Lessons learned) (biggerpockets.com)Besides MANY self-labeled "gurus" exaggerating their success, many of them just supply readily available info.If you're too busy to find the info and are willing to pay for it, no problem as you accept their time vs money solution.REGARDING S8 GURU ISSUES SPECIFICALLYMost of them don't share all the facts about how Section 8 actually works.They claim you can get HIGHER rent from S8 tenants vs private-paying tenants.Why would the government allow our tax dollars to be spent this way?
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30 October 2024 | 4 replies
Texting is becoming increasingly difficult with the new laws and regulations in place.
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30 October 2024 | 3 replies
I’m not sure all of the regulations/rules to this in PA though.
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31 October 2024 | 2 replies
We should have a lot less residential development being delivered in the next 1-4 years, which should shift the supply and demand for long-term residential and should have increased organic rent growth in the future as we saw from 2017-2020, but counting on that as an investment strategy probably isn't the best idea.