T Chu
New REI to help out family?
Hi everyone,
Just introducing myself, and, I guess, asking for advice... Ive been wanting to get into REI for awhile (which ya'll have heard a billion times), but am now being almost handed an opportunity on a silve...
Jesse Kindra
Refinishing Countertops in Rental
Hi BP friends,I'm working on updating a new rental property with new paint, carpets, etc. I'm also considering updating the countertops as they are extremely outdated - I'll just say a very strong blue color. Has anyo...
Job Mathew
How to cancel a Wholesale contract, if "Title" hasn't been open?
Hi BP Members,I just got my first property under contract! I am excited about this , but concerned at the same time. I've also lost my sleep over this for past 2 days.Here's why.As soon as I presented the contract to ...
Melissa Faraias
Should I rent to a tenant who is a convicted felon?
Hello BP community,I am relatively new to RE investing and my second rental is currently on the market. A couple in their late 50's want to rent the unit since their relatives live across the street. The woman mention...
James S.
landlording nightmare
So my father has been a landlord for about 20 years in Detroit, under his wing ive never once heard of a story like this Weve had a tenant in a house for about 5 years now, hes a decent tenant and he loved the house ...
Adriana Arnold
Ongoing eviction from hell in California
Hello All,
I am brand new to BiggerPockets and find it to be a great place comprised of helpful advice and expertise. I am a landlord of a single family home in California that has run my property as a charity rathe...
Corry Taie
Cash flowing a short sale during negotiation?
Anyone ever heard of this? I do short sales & someone I recently met cash flows the properties while they are negotiating with the bank. They do a month to month lease or rental on the property during the negtiati...
Kevin H.
Is the "2% rule" a valid way to identify properties in expensive markets?
As a new guy around here, I just read the "Ultimate Beginners Guide" to real estate investment. One thing I found during my reading was the 2% rule of thumb for evaluating properties. This rule suggests that monthly...
Liam Martin Ruane
All my applicants want to sublease through AirBnB etc
So I am in the process of finding a tenant for my first rental (a townhome in Houston with no HOA). Many of the inquiries that we get are from people looking to lease and then re-list on airbnb or VRBO etc. I have lis...
Adam L.
still timid to buy first deal...how does this look?
Would love some feed back or thoughts on this.I'm looking at a private sale of a rental house. What do you think? I would need to purchase all in cash immediately and then re-finance later. $145k price, must be all ca...