Mark Forest
Capitalize or expense
I have brought this up on other boards, but I still am not sure of the answer. I am a landlord who has acquired some fix up properties which I will lease to tenants. I have not yet made any of the houses rent ready....
Ryan Dossey
I'm going to be a new landlord help me set my policies.
Those of you guys that have been at this I am curious how you handle the following situations. Everyone says to set your rules and keep them.Smoking:Pets:Credit:Felons:Age:First time renters:Previous evictions:Rent Co...
Ben Meddeb
My first rental disaster
my tenant completely trashed my place, deposit will not even cover the junk removal service I called my insurance (USAA) the adjuster showed up and was very helpful : turns out Trashing the place is not covered BUT (b...
Nicholas Brandenburg
Is my first deal outline for my business plan and checklist suitable?
Hello Bigger Pockets! I am relatively new here and I have been soaking up knowledge since I joined! This is a great website and has a great community. I am a 15 year old male from LA, CA who has always loved Real E...
Yolanda W Cuevas
Where to draw the line? Tenant Wants to Take Over
Where should I draw the line? Always, a few days before rent is due I get a maintenance request.My tenant is a self-described handy person and he also works in an appliance repair and sales shop. He is the first tenan...
Wendell De Guzman
Why Rent to Own Makes Sense For Newbie Investors
Rent to Own is great for newbie investors. Here are the reasons why:1. With rent to own, you can buy a property at closer to market value and still make money. The problem in a hot market is that getting good deals is...
Kim Hopkins
How To Write LOI that Holds Seller to Cap Rate
Hello! We have a great prospective property we're looking at. The broker OM says they're selling it at a 7.5% cap rate and $5.7m purchase price. Based on our experience, We are pretty sure their expenses are understat...
Gerald K.
How do you handle dirty tenants?
OK, so you've done all your screening, the tenants look good. No bad reviews from previous landlords.Tenant drives up in a nice new clean car and has good appearance. They move in, then comes the first visit 6 mont...
Josh Tschirgi
Quality Tenant That Refuses to Communicate
Hello! We invest in single-family homes in Southwest Washington (State), and the SFH I'm writing about is located in Vancouver, Washington.We have a tenant (a mother and two high school age children) that have been e...
Lucas Mills
Is this really as bad of a deal as it looks, or did I mess up?
This is one of my first formal analyses of real estate rental property, and I am taken aback at how bad of a deal this seems to be. Here are the relevant links:MLS ListingFHA Loan Calculator (with property tax, HI, an...