Happy Friday, BPers!This is my first BP post, which I am compelled to write based on my experience attempting to wholesale with a mentor.The background: I signed an agreement with local (Philly) wholesaler that says w...
I got into a heated debate with a close friend on where we see the real estate agent in the next 10-20 years. It started as a question from my friend, " would you encourage your daughter to get into real estate when s...
I have a prospective tenant that has a credit score of 627 we require a 650 score. I have been one to stick to my guns and had people to get co signers. But then he offered to pay the entire years lease up front. Is t...
Hey Bigger Pockets,My husband and I are closing on our first rental property, a duplex. The former owner was pretty much hands off and let the property manager run the show (to the ground). Currently, both sides are...
So here the time has come to make a move and start investing in real estate. Myself, the wife, and my realtor have been on the hunt and found a duplex that is in our budget and would definitely create cash flow. In th...
What to do?
Have a tenant after 3 months of perfect rental payments requested that we negotiate a break of the lease because her electric bill came to high. I sent her a application for heat assistance in my area but...
I just found a Coronavirus discussion on the main discussion board but wanted to drill down more specifically to get input from current STR property owners in the North Carolina Beach areas. I have a pending deal for ...
When I was in college, I took an economics course. While I only got a “C” in the class, one thing I did takeaway was the concept of “Supply and Demand”. In my 25 years of investing in distressed second mortgages, I...
Hi everyone,
I'm new to this forum and seeking some advice on a situation I'm facing with my rental property. Recently, my property manager informed me that a tenant's attorney contacted them, expressing the tenant's...
Hey everyone, just looking for a little feedback on a situation that occurred a few weeks ago in case the situation ever comes up again.While looking to sublease the rental that we're currently renting (bought a duple...