I just finished cleaning out a property that was damaged because of pets. Now I put a stiff penalty in the lease for bringing unauthorized animals on or into the property. Tenants signed lease Feb 1st. Now, 6 weeks...
Hello Bigger Pockets world! My wife and I are new to investing, and we are looking to invest long distance in Baltimore, MD. We are looking for advice for long distance investing from experienced investors, any guid...
Hello Everyone,
So I've just learned about the cash out refinance option while perusing bigger pockets forums, but I don't understand why you would want to do it. Using the following scenario I was hoping...
This is my first experience with this, and to be honest, I'm panicking. A former tenant that just vacated a property I own is suing for multiple items and a large amount of money. Mostly on items they're claiming we...
I purchased 1 and UC for 2 properties this month two of which I'm keeping as Long term rental. The first 699 E Gold Dust, San Tan Valley AZ comps around 375K and I purchased for 393K so I'm lost about 18K equity by p...
Hello everyone,As a prospective investor in short-term rental, I would like to get some feedback regarding the upcoming demand for short-term rental. Considering the current economic climate, where layoffs are happeni...
I have a question for my fellow STR specialists. First thought a story! :-)I recently traveled to Omaha NE and found out the Airbnb I was staying at was clearing $50K/ year!!! (It was a SFH with 4beds and 2 baths). I ...
Hi everyone!Some quick background info on me. I've been involved with REI since I was a child through my dad. He's a very successful real estate developer here in California and over the past 20 years, he's developed ...
Was just told today by a Chicago area attorney who works with a lot of investors that he has seen a sharp increase lately in banks calling notes due.Very curious if anyone else is seeing this.
I have had the opportunity to find and work with some of the best property managers (after many years) for our current properties. Over the years we have gone from me just treating them like just a service I hired to ...