Jim K.
Important lesson learned cheap, passing it on
This year, I had an impressive first in my landlording career. I've already had to change out two legacy bathroom sink drain assembles in two rentals in two months. Anyone who has had to do work on bathroom vanity dra...
Hemal Adani
What are the things to keep in mind when using turnkey company?
Hello fellow BP members, I am looking to use a turnkey company to help me rehab and manage property. I am full-time software engineer and investor. My job is 100% work from home and requires little interaction using p...
Deanna O.
Diary of foreclosing on a note...
Feb 2019. Just purchased my first distressed note 2 weeks ago, started foreclosure this week. So far so good, and all the paperwork makes sense. Now it's just a waiting game. Won't know what rehab is needed until I g...
Chris Seveney
What is the biggest waste of money new investors make
Let me start and people can add:1. Deeding a property in their personal name to a LLC.Why, because you now have additional costs and are getting no asset protection since your LLC didn’t buy the property (and 99% of t...
Mindy Jensen
Looking for positive stories about property managers...
I spend a lot of time in the forums, and have read lots of negative stories about property managers. I'm looking for PM stories where they did what they said they were going to do, or went above and beyond.I know @Ali...
Yusuf Mathai
Putting a Team together
So this is my first foray into tapping into the collective wisdom of bigger pockets.I am just starting out in real estate, and this will be my chosen vehicle towards financial independence. I do have a day job that I ...
Brad Hasseler
Where do most property managers fail?
I have been working in the automotive industry as mechanic for the last 12 years. I like what I do and I'm good at it, but it's time to get out. SO long story short I'm getting my real estate license. I'm going to b...
Michael L.
Opening the Kimono: My Out-of-State REI Experience
Back in November (2014) I closed on my first REI property. A 'turnkey' duplex in Chicago. I went with a well-known turnkey provider and posted initial updates in this thread:http://www.biggerpockets.com/forums/92/to...
Abi Horton
Withholding a tenants deposit due to mold?
I just bought a property that had tenements that were older and lived in the house for about 10 years. It came out during the inspection that there was a sewer line blockage and the tenants confirmed there had been “b...
Shannon Reynolds
Fraud or no?
My property in MD is turning over to a new tenant. My PM sent me a quote that gave me a small heart attack. Upon further inspection, I quickly recognized that the times they were allocating for various tasks were gros...