Lets say I have one agreement signed with GC . I pay him HIS portion and I pay subs all that is due to subs. Is that a problem ? do I need to have separate agreement with subs as well since I am paying them. By the...

Hello everyone!My husband and I are looking to rent our house and will be managing it on our own. We have multiple rentals, but have always had a management company, so I am somewhat familiar with the process, but als...

I know this is probably a terribly stupid question, but I was not pleased when I saw that escrow on a $96.5k loan was nearly the principle; like $3xx and change! Thats crazy!
So what exactly is escrow, and why do I ha...

Hello Bigger Pockets Community!  My name is Jamaal Jaynes, I'm 21 years old and Senior Criminal Justice major at East Carolina University in North Carolina (Go Pirates!).  Words cannot express how much I have learned ...

I would like to formally introduce myself as a REAL ESTATE INVESTOR. After about 6 months of evaluating deals and reading TONS of information in books, forums and listening to podcasts, my fiancé and I just closed on ...

Hi BP community,
Wanted to run an issue by you all and hopefully get some advice.
I have 6 units under management through a local property manager. Last month, we lost two tenants due to non-payment. I had to evic...

My fifth set of guests are nearing the end of their stay.  I have done much of the work myself, with my kids earning a few dollars for a summer job cleaning at change-over.  I set up VRBO first, and got my first booki...

Hi guys,

I'm sure a lot of you, actually I'm sure ALL of you have run into contractors that want to get paid cash, no receipt, there's one that I know does good work he offers a very good price but he wants a...

Hello everyone! I've got a single family rental in Spokane that has positive cash flow. I'm interested in getting a Secured Line of Credit for about $1,200 to accelerate the mortgage so I can pull a HELOC later down t...

My tenants who moved out last month left the place in rough condition.  I'm just now finishing up getting the unit back to rentable condition.  I wanted to send them a certified letter to their new home ,job and email...