Tenant has lived in property for 10 months and has always paid rent in full. Tenant recently lost a job (but found a new one!) and proactively communicated this to the property manager. Tenant is supposedly waiting ...
I'm making the leap from SFH to fourplexes. I've plan to look at a fourplex this weekend and make an offer and put down 20%. The property is listed for $109,000. Taxes are $849/yr and insurance will be $1766. The...
Hello!I'm interested in finding out what bank property managers are finding helpful for their property management business. I've been using Wells Fargo and find their restrictions on sending the landlord their monthly...
Hello all,
I have a rental property at which the tenant just told me the AC is no longer working. The problem is the guy who installed the condenser and warranted it and who would give me the best price is out of to...
I was recently told by a mortgage banker that banks has capped the amount of properties a individual or a LLC could have open mortgages to four, three investment properties, and one personal residence. Is this true? W...
Hello BP forum!I'm beginning the process of exploring real estate investment as a means to create passive income, but I'm currently in the researching phase. In attempting to learn about broader investment principles...
Hi folks -
I'm new to BP and real estate (but very familiar with finance and comfortable with early-stage risk in general - I come from the tech venture world).
I'm considering making a small hybrid equity investmen...
Hello BiggerPockets community. It's been a long time since I've posted, so bear with me... I'm a little rusty. I'm under contract to purchase a multi-unit property in the Richmond Virginia area. I live in Northern Vir...
Everyone has to start somewhere--thankfully, this is the place to which we were lead to find enduring freedom and sustainable wealth. My partner and I want to break the paycheck-to-paycheck cycle, renting ourselves o...
Wondering if anyone is re-keying or changing locks when a new tenant moves in.
Are you never doing it, or always doing it, or only if not all keys are being returned. Which then begs the question: How do you know all ...