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3 January 2025 | 2 replies
@Martin StreichPlease go to your profile page https://www.biggerpockets.com/users/msresolutions and click on your photo to update it.
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2 January 2025 | 13 replies
I would recommend you use the profile page BP.
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27 January 2025 | 48 replies
It used to be my job to protect our celebrity clients from so called investment specialists who promised more than the investment was worth and delivered less or nothing at all.
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3 January 2025 | 4 replies
So, I decided to start a new profile and dive in!
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7 January 2025 | 5 replies
It depends on the deal and the risk profile.
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9 January 2025 | 8 replies
Assuming your property is in Utah (like your profile indicates), here's the state law from a basic internet search:In Utah, a tenant who abandons a rental property without notice is liable for the lesser of the following: The rent remaining on the leaseThe rent plus the difference between the fair rental value and the agreed-upon rentThe cost to restore the property to its original conditionThe landlord can also remove the tenant's belongings and sell them if the tenant doesn't claim them within a reasonable time.
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23 January 2025 | 52 replies
I've had this line in my profile for like 5 years.
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22 January 2025 | 12 replies
It’s worth researching to see if this might be a good fit for your situation.Lease Structure and Clauses: Work with an attorney to draft a lease with strong clauses for late fees, maintenance responsibilities, and other terms to protect your interests.Target Stable Tenant Profiles: While no tenant is risk-free, targeting tenant pools that historically have more stability (e.g., retirees, dual-income households, or tenants relocating for work) may reduce risk.Stay Up to Date on Landlord-Tenant Laws: Understanding your rights and obligations can help you navigate issues more effectively if they arise.That said, if the potential risks are keeping you up at night and the financial pressure of an eviction would be too much, selling may still be the best option for peace of mind.
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17 January 2025 | 6 replies
Check out my profile.
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7 January 2025 | 20 replies
Additionally, it feels the most appropriate approach for both profiles I described above and allows me to focus on learning one strategy.