Leah Thompson
Ordinary income tax vs Capital gains
Just getting started… and so much to learn. We bought our first property at a foreclosure auction with plans to turn into a rental. Single-family home with large yard, as we learn, now rethinking our strategy.
If we...
Brittany Fife
Going to court after writ of possession
I am being brought to court by my tenants that I just evicted. I followed the law and gave them demand for rent, then filed for eviction which I won August 2. I then gave them a contract to keep them on as long as th...
Marcin G.
How to say "No" to a pet request
Hi BiggerPockets Friends!I am about to say "No" to a tenant in response to a request for having a cat in the room. Would you recommend the best way to do so?Of course, the lease does not allow to have pets.However, it...
John Lindemann
New member in Broken Arrow, OK (Tulsa, OK)
Hi everybody!I have started listening to the BP podcasts over the past few weeks and have been really inspired to work on networking and developing my REI knowledge. In addition to joining BP, I just bought my first ...
Yannie Gold
Applicants with varying credit scores
I require my tenants to have a minimum credit score of 680. A group of four are applying together for my 4 bdrm property. They are an engaged couple, the guy’s mother, and the woman’s brother. I was told that out of t...
Kim Ng
Seeking advice for Biringham Alabama investment
hello every one, I am currently in a contract with a TK property. The SFH is on NE, Centerwood Estate Center Point Alabama 35215. 3bed/2bath. I am interested in investing in more properties if this investment turn...
Kalen Mills
right of redemption???
I am under contract on a property that was a foreclosure. I'm trying to find a way to protect myself from the right of redemption being exercised, as well as be able to sell before the 2 yr right of redemption period ...
Andrew S.
Painting Pressure Treated Wood
One of my properties has a brick patio with treated wood guard rails. The red brick color and the treated wood don't make a really nice color combination, and I'm thinking about painting the wood. Now, I have certai...
Matt Gooding
Form LLC or have properties on personal name?
I am buying my first rental properties very soon (4 rentals) and I am wondering on the communities opinions on whether or not I should form a LLC and hold the properties in that or if I should just hold them in my per...
Tony S.
Questions to Ask a Property Management Company for MF Properties
Below is list of preliminary questions I plan to ask various property management companies in my market this week before choosing one to manage my multi-family, value-add property (once I find and close on the deal). ...