All:So ten years in and now I'm officially a landlord as I just got served with my first lawsuit. It's in magistrate's court and the tenant is asking for her last 6 months in back rent (~5k) as she says she has not be...
Hey everyone.
My name is Boris - over the last few years, my wife and I have built up a portfolio of properties in a handful of cities around the country that we run as short-term and mid-term rentals. As we both com...
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 ...
I started a thread with an article about rent decreases nationwide. The replies seemed to substantiate the concern with properties taking longer to rent, and reductions in rent as well as other bennies needed to rent ...
I’m SUPER new to the bigger pockets forum. My wife and I are looking to purchase our 1st place (townhouse or condo) in the next 6 months to 1 year. We’ve heard Airbnb is potentially a great option for cash flow so the...
I am suppose to close this week on a duplex that didn’t appraise. The Purchase price is 150k and it appraised at 120k. I am locked in due to various circumstances and will loose my 13k deposit plus miscellaneous inspe...
Any tips on getting over the initial fear of the first deal would be much appreciated!! I currently made an offer on a single family home in joliet, IL. I've ran the numbers and it should cash flow around $250-$300 p...
Not screening properly.Not running numbers correctly.Not evicting in time.I want your mistakes and your stories behind those mistakes! Please share below.
I am looking to buy a house in a new area to fix up and flip.
Before making my bid on the house, I was trying to find a General Contractor to walk through the house with me and give me an estimate for repairs.
I als...