Hi biggerpockets members. I would like to ask yall opinion on how to deal my situation. My tenants are both female, and they are friends. Today we received a text from one of them stating that she will be planning ...
New to the Bigger Pockets community and starting our journey into real estate investing. We thought we would start with a flip. Found a house that we could pay cash and offered. It is a foreclosure and the offer proce...
This is the last thing I wanted to have happen, but I need to get out of this contract. I couldn't find an investor to assign the contract to, and now I'm supposed to close on May 14th for $14,000 plus closing costs. ...
Good evening! I have been a bigger pockets member for awhile, and my wife and I recently purchased our first investment property. It has 7 units and we are in the process of filling two of the units. I have a twofold ...
There's another thread going on about LLC vs. higher liability insurance.
I'm just wondering if any of you have ever been sued by your tenants? If so, what happened?
Some people are setting up an LLC on each house. ...
We have a new family we have approved who appear to be excellent tenants. They have asked if we would be willing to decrease rent by $50 per month if they signed a 2 year lease. Is this worth it? This is our first lon...
Hi,I’m in the process of buying a second home and turning my primary into a rental. I’m currently fixing a few things on my primary to get it ready to rent. I’m a little overwhelmed on the to do list, details of lease...
My husband and I purchased our first investment property. We renovated it and found tenants to move in on the first of this month. Today, someone randomly reached out to us and warned us about this tenant. That he is ...
I just read the "Ultimate Beginner Guide" provided by BiggerPockets and noted the investment rule of 2%, and find it may not be realistic in my humble opinion.
If I am correct using the 2% rule, a home that cost $200...
So I received this message from a current tenant who is re-signing a 12 month lease:Attached is the signed lease. I have excluded the mold disclosure form. We would like underneath the fridge looked at to make sure th...