David Moore
HUD Turned Down/Then Accepted Terms
My LLC made an offer on a 2 bedroom 1 bath home in Albert Lea, MN. The home needs a $1500.00 sump pump and about $1500.00 in roof repair. Other than that, it needs nothing. Similar homes in Albert Lea sell for $55,...
Jason Yarusi
When someone breaks in your rehab and changes the locks on you...
...Sometime you just have to laugh. Happened two weeks on a house in Cranford, NJ, a nice neighborhood. Bought the house from a guy who was in a rough spot due to some premature deaths of family members and he just we...
Grant Gibney
Utility Escalation Clauses
I own a duplex where I pay all the utilities for the tenants. Each unit rents for $700, but I added $175 "utility charge" each month making total monthly rent $875. Historically, total utility costs have been right ar...
Aubrie Caton
Heloc vs cash out refi on investment property
Hello beginner investor here! We bought a short term rental property in December in Montana the house only had the top floor done so we bought the house and just completed the bottom floor, creating 300k equity. Now t...
Chris Dickerson
Tenant Navigating New Lease
Greeting BiggerPocketsI`m a tenant in PA (Chambersburg) who`s about to resign a lease but I have some concerns someone more experienced may be able to answer.A few months back we had a water pipe burst in the living r...
Becky Kowalski
Triplex Rental: 2 long-term, 1 short-term
Hi!I recently bought a triplex in August that came with 2 long-term renters. The long-term renters have been in there awhile and are fantastic! However, their combined rent doesn't quite cover the mortgage and expen...
Sean Winters
Strategy with $200k to begin Real Estate investing Journey
Hi there,
I am so excited and ready to begin my real estate journey and very happy to have found this community. I have saved up $200k that I am ready to invest with the goal of being able to leave my job so i can be...
Sumpter Smartt
HUD Foreclosure -- Pool Cover Removal?
I'm attempting to purchase a HUD foreclosure (as an OO) and it's got a nice sized a pool in the back. It's been winterized and covered with treated lumber, plastic (think garbage bags) and metal fencing sections. I...
Igor Stankevich
Seasonal revenue stream risks
Hi everyone,I am trying to find out whether short term rental has seasonal weather risks, and thus posting this question. Any insights are much appreciated. Here are some specific questions i have:1. are there certain...
Nathaniel Swartz
REI in Fairbanks, AK
Hello Bigger Pockets community, I’m up here in Fairbanks, AK and am looking to see if anyone else is up here doing REI? I’m committing more time to REI and want to know what can be done during the winter months up her...