Cheryl Daniels
Tenant put Padlocks on all Rooms in Unit
Hi,During an inspection, I found that a tenant put padlocks on all rooms with doors without permission. He said that it is his right to have locks if contractors, etc enter his unit. Additionally, he will not provide ...
Evelyn Jordan
No SSN, no CC, No Proof of Income
Hey BP People,I am currently screening tenant applications for a vacant rental property of mine and I came across an interesting situation. The applicants are a Hispanic family with 3 young kids; Mother is a housewife...
Mark K.
Disappointed in Scott Trench
Scott, @Scott Trench,I must say, you truly disappointed me with your negative article on stock investing. https://www.biggerpockets.com/renewsblog/2015/04/16/ridiculousness-of-stock-picking-waste-of-time-young-investo...
Andrzej Lipski
Rent control in Connecticut is coming for your property.
....unless you do something about it.
The Connecticut Housing Committee last week just pushed through dozens of "concepts" not even bill proposals. Just concepts which are proposed bills that only had vague titles. ...
Dean Suzuki
Where do folks put their emergency cash reserves?
Hi,
I have been reading the posts and have set aside money for an emergency funds for our rental properties. The funds are currently sitting in a bank savings account earning close to 0.01% interest. I am w...
Karen Dayley
Too many adults
We have received a rental application from a couple who probably would meet our financial rental criteria but they have listed that another family will be living with them. They are US citizens and will be sponsoring ...
Diane G.
Rent dropped I'd say 20%, maybe 25% in San Francisco
So I had a studio that happened to come on the market 3 days before the corona lockdown...Just finally rented it out after 45 days on the market....at $200 below asking....Was asking $3000...
What is even more weird ...
Don Konipol
The Danger of Wholesalers Holding Real Estate Broker or Salesperson Licemse
More and more states are requiring wholesalers to be licensed. I have stated before that this could be a trap for the wholesaler, whom, if licensed may be taking on a responsibility to the seller that is at a minimu...
Tom Lipps
Walmart Paint in Rental? Color Place Country White
Hi BP,I just bought my first rental property (Duplex in a C+ area). $82k purchase price.I'm going to be painting this Saturday and found Brandon's article about using Walmart's cheap paint; Color Place Country White. ...
Rodney Kuhl
Indianapolis - How can I change the title from my name to my LLC when the loan is in my name?
I invest in Indianapolis, and I am closing on 2 more rentals in the next couple of weeks. I have been working with a great lender and I have been able to lock in low 30-year rates, which is definitely a great thing as...