David P.
Buying a property with 2 unpermitted units
I found a property in a very good area of Southern California where the seller added 2 additional units (attached) to the back of her house. The main house is approximately 2,500 sqft and she added another 1,000 sqft ...
Julie Marquez
Military Tenant Going on Deployment
So I understand that a tenant has the right to break a lease with military orders, but our rental agreements are M2M with this move-in fee caveat.For example: Rent $1650. Refundable deposit $825. Non Refundable Move I...
Megan Moulton-Levy
First fip completed, however, it has been sitting on the market for 3 months! Help
Hi everyone! I am a new investor in the Hampton Roads Va area. In January I rehabbed my first property. The job was supposed to take 6 weeks it ended up taking 11 weeks. The intial budget was 73K including the price...
Mike McKinzie
Dear Property Management Companies....
and Property Managers in general,Just about no one on Bigger Pockets is as big a defender of Property Managers as I am. While some folks are great DYI people and can manage their own properties well, I am a firm beli...
John Chapman
I never want to own a house again.
I moved to DFW in 2005 about a year after law school and immediately purchased what I perceive as an expensive house. I spent way more than I should have and bought way more house than I needed. Like many people my...
Henry Clark
Self Storage- LLC Operating Agreement
Along with creating an LLC entity and creating a "Certificate of Organization", you need to have an "Operating Agreement".Attached below is a redacted copy. Virtually anything can be written in to this agreement. Wh...
Gorden Lopes
Looking to network with fellow out of state investors!
Hi folks!My name is Gorden and I have just started my real estate investment journey with an out of state buy and hold rental property and planning to buy some more in the near future. Closing the first deal has been ...
Joel Owens
Glad I do not own single family houses!
It seems these tenants feel a sense of entitlement for not paying the rent. They think life problems they have created with their own choices should be solved by a landlord's pocket book.Economics and running a busine...
Dar Fornelli
Tenants paid full rent late, but have not paid late fee
For the second month in row, my tenants have paid rent 3+ days late. My lease states the following: Shall tenant(s) accounts not be paid in full by 4:00 pm on the 2nd day of the month, a late charge of twenty five dol...
Curt Davis
Is It Really That Easy To Become A Wholesale Investor?
I spend a lot of time here on BP and I happen to notice a lot of people who are new to investing who sign up and say things like the following " I am new to investing so I think I am going to just start wholesaling to...