Hi everyone! My name is Esi and I am just getting into the world of real estate. I came across a deal that has foundation issues. It was priced below market value and I would still be doing further negotiations if I w...
I saw an excellent piece of advice in our Official BiggerPockets Facebook Group today. "I created an operating procedures manual. Details all vendors, bills, banking setup, tenant details, current outstanding projects...
Our tenant called the day rent was due, said his check didn't come in (Social Security), it would be a week late. When we didn't get it, my husband posted our first Pay or Quit notice. That got his attention. He ca...
Hello BP community,I have a newbie question. Let's say you own a rental property. How do you go about arranging the electric, gas, water, and other utility bills to be paid by the tenants? Do you deactivate the ser...
Just started off with a new rental and I'm asking my potential tenants to fill out an application before viewing the property. Keep in mind the home is well documented. I have around 40 photos of it posted on respecti...
I am looking to acquire my first property. My personal finances look to qualify me for around $125k. I have about $7k to work with for a down payment. I live in Kansas City, MO and am looking to buy in the area as I w...
Been doing pretty good lately with deals and one final one is starting to take a turn. Had a seller in foreclosure call wanting to sell under any condition because home was days from foreclosure. We managed to help...
Good morning, everyone! I have a longish and frustrating situation, and I'm looking for appropriate and tactful ways to handle a situation.The property in question is not near my me, but I self-manage from a distance...
I come to my fellow BPer's for some knowledge about a property. Thanks much in advance to anyone taking the time to review this.
My wife and I have come into a property in NC that her parents have the deed o...
Hello AllHaving completed a 1031 exchange there are some important lessons i learned. I haven't read about them anywhere so just wanted to share with you all so that you all could be cautious. 1. 1031 company - Title...