Diane Tycangco
Are turnkeys overpriced?
Hi everyone! I was thinking of buying a turnkey for the first time and was comparing the turnkey prices with Zillow estimates of what the property was worth. The difference is so big! Now Zillow does not know what ...
Michael E.
Creating my unfair advantage
Hello BP!I just wanted to share my plan for creating an unfair advantage for myself. Another title for this post could be "From adversity to advantage"1. Become a licensed contractor. In Michigan all I have to do is t...
Rodney Kuhl
Insurance
What type of policy do you all use for a rental property? Replacement cost or actual cash value? And why?
Also, how much do you pay monthly for insurance (I'm in Indiana)?
Account Closed
Pulling Cash from Credit Cards: Most Inexpensive Current Method?
Anyone have any thoughts on this?
My 2 favorites I know of:
-PayPal'ing the cash to myself (3% fee). Although they've given me a slap on the wrist for this.
-Amazon WebPay'ing the cash to...
Nadir M.
Am I charging too much?
Recently closed on a house and just listed for rent. Been listed for rent for four days now and only had one application. Applicant credit score too low so decided to pass. We are approaching the Winter season and it’...
Logan Allec
Tenant just asked if I'd be interested in rent to own.
I just got this text from one of my tenants. They have decent (not great) credit, have always taken ownership in the property (maybe now I know why?), and never been late on their payments. They're fully-employed, a...
Douglas Skipworth
Nothing like a brush w/ death to put you on the straight & narrow
What is your fire plan for your rental house and your residence? You better have one.Tonight at 9:00, the motor in the clothes dryer at my personal residence in Memphis caught on fire. The kids and I were just finish...
Tucker Cummings
REI Reply - Too Good To Be True?
Wondering if any wholesalers or other investors have used this software service, REI Reply. Seems too good to be true and wisdom tells me that it probably is. But hey, maybe they've cracked the code or something. I th...
Justin Gottuso
Calling BS on ‘major room for rent increases’
I am calling BS on agents saying ‘major room for rent increases.’ I have not bought a rental property (yet), but I’m researching the possibilities. I am highly skeptical that a new owner can just come in and say ‘hey ...
Jason Lam
How to find a turn key property as a remote investor?
Hi first post here on Bigger Pockets. I’m sorry if this is the wrong sub-forum, I didn’t see a good spot for this question.I live out of the US for work so I can’t travel back as frequently to view potential propertie...