I got a call from my tenant yesterday that the bay window in our rental unit has been smashed in by vandalism.  I submitted a claim to Allstate, and the promptly called me to today to let me know that my landlord's po...

Curious to know how everyone is receiving contractor scope of work and pricing for rehab projects, do your contractors provide a scope of work with a lump sum total, or do they break down the items? For example, say y...

Hi! I have the opportunity to make some loans to a home flipping business in FL (structured as an LLC) secured by first position mortgages on residential real estate. I've looked through the laws myself ( http://law....

I want to start a discussion re the due on sale clauseWe are seeing more issues re lenders calling notes due.  Some because of mistakes with insurance.  But, some due to lenders looking.One lender/servicer is HomeLoan...

I recently received a call from someone about a house I have for rent. The call was from another state. In the past, I didn't receive many out of state calls because people were leaving Michigan by the truckload and f...

I want to hear your most basic thoughts about buying properties with visible foundation problems. I understand there can be a huge spectrum of problems with consequences varying from "can't play a fair game of marb...

What do fellow investors think of selling investment property that is paid for 100 percent.Acting as bank.  30 years of payments.  What are costs associated with foreclosing process.What are other benefits and pitfalls

Hello,My partners and I are having a disagreement about if we should hire a property management firm for our portfolio.  We have a goal in mind of a hundred units or so.  My thought process that while hiring a manager...

Does anyone do their own accounting? I'm trying to set up "asset" reserve accounts for Vacancy, repair & maintenance, and cap ex. how do you do this or are you accruing your expenses? How do you save for the expen...

Hello Everyone! I just discovered Bigger Pockets about a month ago and am totally obsessed. I am a new investor and looking to purchase my first multi family, ideally a fourplex but open to a duplex or triplex. I have...