Brian Johnson
Tenant moves in and the 2nd day wants out of lease!
So I find a tenant that appears to be pretty level headed. He works and takes care of his disabled mother. So we walk thru the unit and he likes it and wants to rent it. So make a long story short we sign the lease ...
Parker Steele
What is the best way to get into the building and GC industry?
Hi,I'm currently working in South LA on my second residential property. I'm looking to work for a local GC as an Project Engineer. Ideally with a contractor who does both commercial and residential projects in LA. My...
Tom V.
Tenants interested, smartmove not helpful. What would you do?
I have a couple interested in a unit. They did a smartmove credit check, and both came back with "Not enough info".They make well in excess of the rent, about 5 times. Verified income.But there's no credit cards, no l...
Ryan D.
Will I win this eviction case?
Hi Bigger Pockets,I super appreciate your time and help here.I have a really difficult tenant in my house. On Friday I posted a 3-day comply and pay or vacate notice. He had not paid rent and had modified the proper...
Dakota Harmon
Are there specific clauses in a property management agreement to be mindful of?
Here are some topics in an agreement that have my concern:
- Waive the requirement for approval from owner for any repairs or maintenance of any one item under a specified amount (one company is asking for $600…). Th...
Natalie Kolodij
Mobile home owner gets evicted from park- what happens to his trailer?
I just bought a single wide in a fantastic park. I know people say to stay away from 55+ parks...but I love them. Largely in part because old people love gossiping and watching everything so I know it's safe...and I g...
Puneet Sharma
PM asking for 50% of Rent for New Lease and 25% for Lease Renewal
Is it normal for Property Management companies to ask for 50% of first month's rent for a new lease and 25% for every lease renewal. There's no cap to this amount. I have seen this is in two different markets though n...
Doug Spence
Active Duty RE Investors! What are you struggling with right now?
Finding deals? Deciding on a market? Securing financing? What's holding you back right now on your real estate journey? If you're a military veteran feel free to jump in as well, but I definitely want to hear from fel...
Robert S.
Condo Rental Yields - Reality Check
A scenario I'd like advice on:
Condo rental yields in my targeted area (20 minutes from my home) are typically about 8% right now. That is annual rent/purchase price. A two-three bedroom condo sells for btw $100,000 ...
John K.
Looking for advice on currently held properties
This is my first non-intro post, so hoping this is the correct place. Quick background. We bought our condo in 2001. We kept it as a rental when we moved to our current house in 2008. We are currently in the process o...