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We're going on 3 properties, and I'm wondering where others store their reserves for their rental properties? My general rule of thumb was 6 months of PITI, which I have in a savings account. As we go to 3 properties,...
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Hello BP Community. I have a real doozy going on here. I just moved in a few weeks ago a new section 8 tenant into a duplex with the other side occupied by another section 8 tenant. I am getting great rent per side. A...
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Good day BiggerPockets landlords. I have an increasingly disruptive problem at a property comprised of a main 2/1 home and a stand-alone studio behind it. Turns out the studio, which is attached to a one-car garage, a...
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Rented out a condo 3 months ago. Tenant turns out to be a chronic liar/rule breaker. Second month's rent was late (eventually paid with late fee only AFTER I served a notice). A pet dog was found while I was there to ...
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My wife and I are just starting out and now have two rental properties. We are excited about these opportunities so we can’t help but tell those who are close to us. We were sitting down and sharing all of the not so ...
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Hi everyone!I'm looking for advice on what to do as a next step in my investing journey. Sorry this is a long post but I want to give as much info as possible. My husband and I currently have 1 rental unit, a townhome...
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Hello BP fam, we are supposed to pull our contingencies tonight/tomorrow for a quad in Long Beach CA. Given the state of the country under Coronavirus, I am really nervous about what the economy is going to do. This q...
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Hey, I am starting too look at investing in the Twin Cities as I am from here and don't have a desire to start long-distance investing yet. Considering the past few months in the cities, the neighborhoods near downtow...
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I got into a discussion today with a local property owner that manages most of his properties in house. He loves the fact that his tenants typically pay late and he collects late fees. It got me thinking about the var...