Matt Schelberg
Wholesale JV -- Investor Fronts Marketing Costs
I recently met with a wholesaler over coffee to discuss the types of properties I am looking to purchase for my rental business. I was expecting a straightforward wholesale arrangement, but the wholesaler proposed ...
Jason Dalka
Need to generate 5-6K cash flow per month to pay for nursing home
Hello,My mother-in law has about 700K in her retirement accounts and has suddenly needed to go into long term care (about 8K per month.) We are thinking that rather than simply spend down her retirement funds to pay f...
Michael Wentzel
What percentage of landlords only own 1 or 2 properties?
My memory has failed me, so I'm looking to the collective memory of BP. I think I heard on one of the podcasts that most landlords in the United States only own 1 or 2 properties. In my mind it came out of @Brandon Tu...
Alain Chautard
Property Management and continuous stream of repairs... What would you do?
Hi,I have a property in a different state that I trusted the PM company to take good care of. After two years, I've received 30 maintenance requests from the tenants, which seems like a lot. The PM company happily dis...
Katie Southard
Tenant Lost Mail Key, We have a spare, but isn't that a liability?
I will preface by saying that we have tenants who are annoying as all get out. They ask us to step in for everything from a lightbulb to grass seed to whatever. They also bother our HVAC guy to do general handyman tas...
Dan Tanner
Pets and Smokers allowed or not pros and cons
I'm new to the rental business. How do you all handle pets and smokers? Allow or Not? If not, how do you ensure rules are abided by? What would be the penalties if you found they weren't abiding by the rules? If ...
Mary Mateika
Tips on a open house showing for a rental
Hello Everyone,
I am having a lot of responses to my listing for my rental house. I decided to do a open house like showing this weekend. I will have rental applications and answer questions. Should I have co...
James Luciano
Talk about a time you dug yourself out a hole?
I like to always learn from the mistakes of others and my own, so I thought I would ask the community to talk about a time you dug yourself out a hole?
DB OBrien
How can I prove my tenant falsified her credit report ?
I have a tenant that I had to legally evict. There is a date set by which the local sheriff’s department will come and forcibly evict her. Once she is out, I want to pursue charging her with providing a false credit r...
Chris Seveney
Daily Dose of Ponzi Schemes
Good morning all. I do like to share these as there are active and passive investors here on biggerpockets and these stories hopefully those may get some education on what to look for, or not to look for. While we nev...