Mark Forest
Damage clauses
I have examined many leases and I have never seen an expressed complete clause whereby the tenant damages the property and the landlord receives compensation immediately. I do not want to wait till they vacate and ha...
Kyle Michael
cost segregation
I have read it is a good idea to have a cost segregation done I have found a few companies but what should I be looking for in a cost seg firm?
Petur Karlsson
Real Estate Professional Tax Status - Help!
Hello everyone!I'm knee deep in an lengthy rehab on my first BRRRR deal ever, in Sellersville, Bucks County PA.The project started in late February, DAYS before the pandemic came around. Talk about good timing... Anyw...
Mindy Jensen
FAQ Forum Question: How Do I Find the Owner of a Property?
Hello fellow BiggerPocketeers!In an effort to provide the best answers to some of the most frequently asked questions, we've created an FAQ Forum so our most knowledgeable members can answer a frequent question thorou...
Bogdan Cirlig
When Low Purchase price doesn't make a great Investment option
In the today's real estate markets, investors are finding an abundance of distressed inventory and in some cases for prices that are 10% of the "replacement" cost of the property.After quickly glancing at the rents on...
John Thedford
I Loaned Money On A Property, Borrower Defaulted, Then Passed Away
The title pretty much says it all. I hired a law firm to foreclose. I received a letter in the mail yesterday from the attorney handling the estate. Now what? What should I do if I want the property? Any comments, sug...
Account Closed
My Tenants Want the Basement Finished
Hello! I have a four bedroom three full bathrooms property that is currently occupied. I charge these tenants $2000 per month for rent. I verified the fair market value with Basic Allowance for Housing at $2169.00. ...
Joshua Davis
Health Insurance
For those of you who have transitioned into fulltime investors....
What are you using for personal and family health insurance?
What kind of prgrams are available/recommended?
What is the range of monthly cost you ...
Michael F
Right Or Wrong Steps?
Hi everyone I need some help and your opinion on this. Please educate me and leave any suggestion or comment for me. if you think any section or step is useless please tell me. and if you think I need more detail in a...
Phil Mays
Property Manager "gotcha"
So I signed up with a property manager on my NC property. I'm paying 10% for their services. Last month my tenant was late 13 days on his payment. I just assumed that the late fee collected was going to be paid to me ...