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Not screening properly.Not running numbers correctly.Not evicting in time.I want your mistakes and your stories behind those mistakes! Please share below.
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Here is what is going on:I purchased a 4-plex on September 11, 2014. 2 of the 4 units came occupied, so I inherited two different families as tenants.I am utilizing FHA 203k financing on this property, so I would idea...
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Good Day Bigger Pockets Fam,
I'm 24 years old. I currently own 1 property (that I live in) in Virginia Beach, Virginia. I;m new to Bigger Pockets and I'm new to real estate in general. I want to invest in rental pro...
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I am looking at an REO property listed w/ an agent for 388,000. I found that the home had a 83,000 balance on the original mortgage. I'd like to make an offer but I'm not sure what offer to make. Do you think it at al...
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TL;DR:
Decided it was fair to keep deposit of $770 for 5-year tenant for no cleaning, large scratches on floor and trim, hooks in walls, satellite dish installed on roof, and large stain on deck. He sent threatening...
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Hi all, I'm quite new to investing and am jumping in feet first with a full time job and part time student. I've looked to Turnkey in the Midwest to get my first deal, but now am looking closer to home as that seems t...
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I had a leak several months ago, the window cap blew off and I repaired and fixed it. Now I get a called about 1 week ago and there is a massive leak from somewhere. Either from the other window, or from the tenants...
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I've recently began looking at multifamily properties (1-4 units) in Long Beach, California and was curious to understand your opinions of property managers. My partner and I work in the finance industry and regularly...
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My AC has gone on and off for the past week.
We are checking on it daily and additional fixes are required.
It will probably take additional couple of days to fix it as it has been trial and error.
We are keeping t...