Yusuf Mathai
Putting a Team together
So this is my first foray into tapping into the collective wisdom of bigger pockets.I am just starting out in real estate, and this will be my chosen vehicle towards financial independence. I do have a day job that I ...
Tim Jones
Successfully Purchased 2nd House using Rent by the Room
(I just posted this as my first blog, but it's my first success story also)StrategyRent by the Room (RBTR) allows me to maximize the rental income from a home, while still having long-term tenants on leases. Instead o...
Jack B.
Hypothetical: taking tenant to court for damages
Carpet is so trashed that it may need to be replaced. They will shampoo as required by the lease before leaving for Texas (they even said so), but judging by the type and amount of stains on what was spotless carpet b...
Nick B.
How to start investing in discount notes?
Hello there!
I am considering investing in discounted notes and I need some advice and directions.
I got inspired by several articles written by Jeff Brown (AKA The Bawld Guy) where he explained in grea...
Amy W.
Should I renew a habitually late tenant that pays the late fee?
I currently manage 8 rental properties in Grand Rapids, MI and all of my tenants habitually pay on time except one. I've had her as a tenant for 9 months now and she has only paid on time twice. Her credit wasn't terr...
Nana Sefa
Owner’s title insurance - to get or not?
Which of you get owner’s title insurance? And who doesn’t get owner’s title? Why do you get or not get? Thank you.
Nancy Sathre-Vogel
Late fee scam by PM - security deposit
I've posted here a few times about a bad experience I had with a PM. The more I look into it, the more convinced I am that she knew precisely what she was doing - which makes me wonder how common this is. Unbeknownst ...
Sandra Holt
Non payment due to medical hardship
My tenants just called asking if they could meet with me regarding payment of their rent. They have been in the property for three months and twice their checks bounced. The husband has recently had some serious medi...
Alan Clarke
Wholesaling Contingency
I just finished reading this article:
http://www.biggerpockets.com/renewsblog/2006/11/25/wholesaling-real-estate-basics/
“If you end up not being able to sell the property before you are expected to close then you u...
Ben Meddeb
My first rental disaster
my tenant completely trashed my place, deposit will not even cover the junk removal service I called my insurance (USAA) the adjuster showed up and was very helpful : turns out Trashing the place is not covered BUT (b...