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Results (137)
Tom V. Need some help here with tenants. Serious problem. Please!
19 May 2015 | 67 replies

Hi all, having a serious situation here at a 3 family property I own.

It's a 3 family property. A few months back, the 3rd floor tenant stopped paying rent. Evicted him. Cost a couple grand to do, but got rid...

Account Closed Is BP just for guys?
13 October 2018 | 56 replies

A recent BP blog article by Scott Trench had the phrase “. . . guys like us here on BiggerPockets . . . “ I commented about the gendered language, because if people don’t realize they’re doing it, it can never change....

Brian L. My Wholesaling Journey-- hopefully this will be a LONG thread.
24 October 2017 | 127 replies

Hi all,

I am in the process of starting wholesaling. After a previous stint financing a couple real estate projects in '08, I petered out. Recently, I've since decided to focus again, but this time in wholesaling. ...

Michael H. Are you prepping for the crash?
16 October 2018 | 152 replies

I'm curious what investors are or aren't doing in relation to the impending market crash a lot of people (smarter than me) are saying will happen in the next 2'ish years. I'm selling a house in the next few months and...

Ann Howell Fraud with our Birmingham turnkey property
24 July 2016 | 199 replies

In March 2015, we worked through Maverick Investor Group to purchase a property in Birmingham, Alabama. The Seller was Birmingham Income Properties - owned by Brad Lewis and Bryan Conwill. Property Management would ...

Jake Minyen Section 8 Rentals
7 December 2023 | 70 replies

I am considering acquiring properties to be rented under the section 8 program. My thought is, buying between 50-90k livable (or less than 10k rehab) and being able to rent for 2% or at least close to it trumps the ca...

Owen Dashner Poof - 2 years of cashflow on 3 houses gone in one day!
13 July 2016 | 110 replies

Attention skeptical wannabe landlords who think there is NO WAY rental property expenses run 40-50% of income, or that rent minus PITI = cashflow.  This post is for you:I always dread the first few hot days of summer....

Matthew Mucker Where does the 50% rule come from?
1 May 2021 | 300 replies

I know the "50% rule" is bandied about as gospel here in the forums, but haven't seen any actual, hard data that says that operating expenses tend to be ~50% of gross rent income. I'd like to verify this number is, in...

Justin Jarboe LEASE ADDENDUMS? What extras do you add to your lease
12 August 2020 | 78 replies

What are your favorite add ons to add to your lease? Do you have an addendum to your standard residential lease? Examples:  Smoking is prohibited in the unit. LANDLORD permits the use of parking space #XXXX t...

Femi Ibrahim How New Western Acquisitions Made Me Lose my Life Savings ($70k)
13 August 2024 | 97 replies

I bought a house from Tanner Hester (a New Western agent) in June 2019. There were lots of issues with the house as follows:1) The house was built without a permit2) The house was for the most part sitting on the floo...