Hey guys! It's Luis here, I'm new to BiggerPockets and I decided to make my first post on here because I've been listening to the podcast. I am currently lacking the motivation to start my Real Estate journey. In Janu...

Does anyone have their tenants deposit their rent directly at the bank? I usually either pick up the rent from their mailbox or they use the online payment service.  Well I have tenant who doesn't have a bank account ...

Hi Everyone,I got a 1BD/1BA condo in Downers Grove, Illinois under contract for 15K on 11/4/2015. I put inspection deadline on the 18th and closing date of 25th. (Yippee! My first deal) A few days after the contract w...

Hi Everyone,

I have a signed purchase agreement on rental house #4 and had the home inspection today. One thing that is needed is about a 40' x 20' section of the concrete driveway needs to be replaced. I...

Hi Gurus,This is a duplex with one unit having finished basement rented out to a Section 8 and anther side to a non-Section 8, both would like to stay. Here are the numbers:Purchase price: $290,000 (I could spend $30K...

Greetings BP members!I was thrilled to find this resource and look forward to learning from this community.  I have already started binge-listenting to the podcast and have consumed over 100 episodes so far and also o...

Hello:
I wanted to start this thread, as I see a lot of investors on this forum who are the victims of the vicious company called Patch Of Land (POL). Now it came out under a new mask called Patch Lending.
I have t...

A work colleague and I were discussing a tenant of theirs that is vacating the unit at the end of the month.The tenant is expecting important mail from overseas that will arrive next month. The tenant is requesting ac...

Hello,I have a property that is managed by a property management company. The lease ended 1/31 and the tenant was supposed to move out end of January. The property management company applied last months  rent towards ...

In a market that has quickly appreciated over the past three years, I am looking to obtain cash flow properties. If I run the numbers on an income-property and the cash flow is acceptable as well as the long term ROI,...