Good Evening All-I have been scoping Bigger Pockets out for a little over a year (stumbled upon it while searching about real estate) and have been a little self-conscious about asking questions.  No one wants to soun...

In 2012 we hired a management company to manage one of our out of area properties in Illinois. What initially looked like a great match turned out to be a disaster, and we had to terminate the company after just one m...

I have a single family rental right now.Vacancy adjusted, I bring in $21,000 a year in rent.My annual expenses are:Property tax: $3200Insurance $900Washing machine $500Plumbing repair $250Irrigation turn on and turn o...

I have looked into the subject of interest-bearing security deposits and I have a few questions about the setup. So in California there is no law that requires this. I am asking because I view it as a benefit to the t...

I made a bad investment on a cheap warehouse in Detroit for my  landscaping business. I paid for in cash for 20k 4 years ago. It's in a very bad area and it got broken into a couple of times. Not feeling safe I moved ...

Long story short:

- This guy, call him "Yao", bought a house for $400k a few years ago
- For whatever reason he wants to get out from under the mortgage but he's been making all his payments. His credit history is b...

It was a year ago that I closed on my first flip. The night before I closed, I almost walked out on a $4,900 deposit because I got scared. Thankfully, my step father was good enough to walk through with me and ca...

I have just purchased my second investment property and fortunately had a slew of applicants.  I had no issue sending correspondence to those who did not put applications in however I am having writers block when cons...

@J Scott had some questions concerning this on another thread. Did a search on the internet and found a memo from NAR concerning this issue. Seems like there were court decisions in numerous states. I was a licensed a...

The floor guy came to install new floors. When he tore out the old carpet, he told the tenant that he smelled mold. There are no black spots or wet spots, and no leaks at all. The tenant has a husband and 2 young kids...