Tom V.
How I made almost a million dollars on my “first” house renovation
BackgroundI have learned a lot from people on the BiggerPockets boards and I wanted to offer some of my experience in the hope that someone else could find some useful information. I started following the real estate ...
Account Closed
My tenant stopped paying rent...
Hello, I live in Montgomery County, MD and about 3 month ago I rented my basement to a single lady. I gathered one month security deposit and first month rent at the day of moving. After the first month she stopped p...
Wesley W.
Toilet running / tenant apathy
Hi all,Does anyone have any lease language that you use to transfer responsibility of excess water use to the tenant?Some context: I have a clause that says...(g) Water may not be wasted. Washing of vehicles is prohi...
Ryan Dossey
Made an offer and seller is claiming there are multiple offers....
We found a guy offering two turnkey properties as a package deal. He is asking 50k which honestly we could pay 50k and it is still a stupid deal. We would cashflow nearly 500.00 a month off of the two properties. He s...
Jim Viens
First wholesale deal down in flames
What a way to start the new year (and my REI endeavors). Wow...where do I begin? Last summer, as a beginning wholeseller, I started sending out handwritten yellow letters to a neighborhood near me that looked like it ...
Adam Bartomeo
Who is more unethical Realtors or used car salesmen?
I know this will ruffle a few feathers but it is a fair question. I have met and had hundreds of interactions with realtors and I am never surprised at the new lows that some of them can reach. I was also a manager at...
Brady Boyer
Potential applicants not showing up for apartment showings
Anyone have any tips on how to increase the number of people who actually show up to view an apartment after scheduling an appointment I set up three showings tonight sent a reminder email 24 hours before and only on...
Joseph Parker
Current deal just took a strange turn
Went under contract on a 5-unit office/retail property this past week. Was on the market for a year, few offers made but none good enough for seller to accept.Was able to talk seller into a lease with option (seller f...
David White
House under contract with no buyers lined up
Sometime this weekend my partner and I will have our first property under contract. We agreed on the price we just have to meet and sign the contract. Our problem is we haven't began to build our buyers list. I was go...
Leslie A.
Women landlords: do men try to push you around?
Most of my applicants and renters have been great, but I've had a couple of guys that have tried to get me to bend my rules, and just generally been unpleasant. I suspect they wouldn't act the same way if I was a man...