Judy M Ritsema
Cease and Desist in Michigan
I live in Michigan and am a wholesaler. I just received a cease and desist for doing what is legal. My contracts are assignable, I say it, explain to my customer, don't act like I am the owner, but explain all to bu...
Dennis Kwon
Help a newbie! Cap rates: stabilized vs value add
Hey all,First time poster here! Just started to get my feet wet in the real estate space and I'm reading as much as I can to learn as quickly as I can. I'm interested in being a passive investor (I'm a young doctor wh...
Thomas MacDonald
Snowball Effect to Achieve Life Goals
Hi All,
I would like assistance on where to focus my attention for starting out.
Right now I have about 10k total in my checking and savings accounts, and have over 60k in credit lines (through credit cards).
My go...
Kirk B
Just posted Pay Rent or Quit notice
Last month the check bounced. Then the tenant paid the rent and the bounced check fee.
This month I still have not received the rent. So I left him a message stating I would be posting a Pay Rent or Quit notice on hi...
Brooke Johnson
Landlord Responsibilities - What is a reasonable request?
I am brand new to Bigger Pockets! I have been listening to the podcast for a few months and decided to sign up today for some advice!I am a new landlord experiencing a tough time with my first tenants. I am learning m...
Matt Smith
Stainless steel fridge damaged
My tenants 1 year lease ended but I noticed 4 dents on the brand new stainless fridge (1 year old). 2 on the side due to a door banging on it repeatedly and 2 on the front. The panels cannot be changed. Can I deduct a...
Karla Simmons
Homeowners insurance in Florida
I keep hearing that homeowners insurance is high in Florida because of hurricanes, which makes sense. I am assuming it is not high state-wide, but in the areas that have history of hurricane damage to homes. Is this t...
Toro Tran
Unique Tenant Situation
Hi all!I have a unique tenant situation, to say the lease (pun intended). The property is located in the tenant-friendly state of Massachusetts, in the city of Boston.I have a lease agreement with a tenant that ends i...
Aaron Silk
Renting to a Sex Offender
Hello everyone,I have a question that I am hoping to get some help with. I thank you in advance for any responses. I have a potential tenant that has contacted me about a property that I own and is available for rent....
Tyler Hubarth
HELOC to fund deals?
Anyone else out there using a HELOC on their primary residence to fund their REI? Both of my buy and hold deals were funded exclusively from my HELOC, which I then refinanced into a traditional mortgage. Because of fo...