Account Closed
How to save for investment property with debt & tips for buying?
I recently read Rich Dad Poor Dad and decided I wanted to pursue financial freedom via REI. I am a 24 year old who graduated college with about $30,000 in student loan and pay-day loan debt and will be acquiring abou...
Kenisha B.
Purchase a 4plex evict everyone??
Hello BP Fam,I found a 4plex in Texas, at a decent price, but the rents aren’t at market. I highly doubt anyone would want to pay an extra $500 a month in rent, so I’m thinking I’d have to evict everyone. Is this a ba...
Eric D.
Tenant unhappy about not getting deposit back
Hello,
I had my home rented out for about a year and a half, the Tenant signed the lease agreement in may of 12, the lease reverts to month by month after 1 year is up.
Anyway, she did not give me prope...
Ernesto Hernandez
Saving You Time Edition #3 - Real Estate Loopholes ($/Poor Dad)
Disclaimer - I type out the notes as I go, on my iPad. Grammar mistakes highly likely.Real Estate LoopholesWritten by Kennedy and SuttonPart One: Being Smart You need to learn to OPEN tax loopholes for yourself and CL...
Frank Geneski
Canadian Investors
I wanted to see how many Canucks we have on here, obviously investing in RE in Canada is much different than how its done in the U.S.
It would be nice to talk about formula's, leads, ideas, and anything else to do ...
Brandon Turner
[Pro Only] My Tenant Caused a Fire... and Denies it. What Would You Do? (With Photos)
Hey Pro members,
I've got a tenant at my triplex who has been causing some trouble for us, and I'd love to get your thoughts. (I'm putting this in the PRO only forum because I don't want the tenant seeing thi...
Nathan Shankles
The 2% rule - how close do you stick?
I bought my two investment properties about 8 years ago and at that time hadn’t heard of Th e 2% rule. When I recently learned of it, I went and did the math. Each of my properties falls between 1.3 and 1.6%. I’m wond...
Frank Adams
Lamest excuses for late rent
Had dinner one night last week with another guy who has had rentals for about 15 years and naturally the topic turned to deadbeats and why it's not their fault that they don't have the rent. The following is a compila...
Maria Teo
What is fair in this business?
Hello BiggerPocket members,I'm probably in the wrong business but does anyone suffer from landlord guilt? I have a rent controlled building and petitioned to do a capital expense rent increase, which will raise the mo...
Sherry Chen
Smell mold but not see anything
The floor guy came to install new floors. When he tore out the old carpet, he told the tenant that he smelled mold. There are no black spots or wet spots, and no leaks at all. The tenant has a husband and 2 young kids...