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My tenant won't give me permission to show my house to potential buyers. I am marketing it for sale WITH the rental agreement. This was explained to her, that she does not need to leave the property and that the inv...
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Greetings Pocketeers!
Has anyone had experience with this company and investing in their promissory notes. I am interested in investing in something a bit more passive as I am getting older and, while I love the rea...
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Here is the scenario: A. "Subject To" deal on the mortgage B. 30% equity is seller financed (to be paid in 10 years) C. Lender find out and Due-On-Sale Clause is triggered?. Here are the questions1. How can I refinan...
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I recently ran across Biggerpockets and immediately became hooked. I’m writing because of a unique circumstance and I’m hoping to solicit some advice from more experienced folks on how to best deal with it.Recently, w...
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I have a tenant who is in the national guard. He notified me that he will be deployed in April, but wants to maintain the apartment. I have not spoken to him - he gave me a note with the rent check - and he has not as...
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I'm assessing a commercial property (occupied by a major automotive service tenant) and the seller has completed a Phase1, Phase2, and a Phase2 supplemental report as part of the seller due diligence package. The fina...
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When I was in college, I rented a house with my roommate in upstate New York. My landlord would fly to Florida from the months of November to March to avoid the cold. I would mail him the rent every month. If we ha...
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I just became a first time landlord, and I'm wondering what you guys think (I posted most of this in new member intros, but at the speed the forum moves I think posts get only looked at by a few locals, so I hope it's...
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I have a tenant in Maryland in one of my condos that the air conditioning is being turned over but not yet on. Due to the heat they noted they had to stay in a hotel and want to get reduced rent.
It's my understandin...
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My question... how do you all know how much reserves is enough?? What is "safe" or responsible to start? I've read 6 months reserves on all fronts, but I've also read people "making it" with zilch to their name. Do yo...