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23 January 2025 | 165 replies
Otherwise you’re saying you expect other people to subsidize bad choices over and over again.
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8 February 2025 | 3 replies
In court, I produced text messages between myself and the tenant showing I was attempting to fix the issue, but since she said she was without heat for 3 months during the winter, it looked really bad.
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27 January 2025 | 8 replies
Maintenance hasn’t been too bad so far, and I recently made the decision to sell my business, so now I’ll be living off my rental income.My question is: What should my plan be from here?
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7 February 2025 | 9 replies
I come from Europe too, and I know it can be overwhelming when you look at the real estate market in a new country and with completely different building technics ( sticks instead of bricks), but is not as bad when you have the right team in place.
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27 January 2025 | 56 replies
The bad news they are finding more ways to make money off these properties.I have the bulk of my investments in LTR's and I'm happy with this.
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6 February 2025 | 12 replies
I have one long term partnership that we share capital but I still do all the work ( rain maker) he is a cpa so he does do the books and tax return though :) WE built one subdivision together were he put in 500k and I made him 1.2 mil in 18 months net profit so that was not bad.
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7 February 2025 | 4 replies
But yes, now that we are here, maybe let him know that if things do not get up to date or cleaned up you will go to his superiors.When people are late right at the beginning, I let them know that the behavior is not acceptable and let them know there are consequences to that bad behavior.
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20 January 2025 | 5 replies
We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.
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22 January 2025 | 5 replies
Gas heat would require constant tank refilling and it would be very bad to run out in the winter.
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24 January 2025 | 1 reply
If anyone could include what to look out for in a good deal and a bad deal