Dear BP, I inherited a PM when I bought my turnkey rental last year. Since the beginning, there was not any conversation or update initiated by the PM and I always had to track him down after I noticed an issue. M...
Hi all,
When I first came to BiggerPockets I was interested in multi family. Over time, I became convinced that I needed to go to triple net properties since I live Abroad and loved the idea of mailbox money with zer...
Looking for peoples opinion on this. I’ve owned a duplex for a year now in Orange County NY which is about 65 miles North of NYC. I have both apartments rented to single individuals that both keep the place clean and...
Okay here it is 7 months in the making thanks to @K. Marie Poe @Bill G @Chris ClothierSo this post took me a grand total of 7 months to write.Purchase price $174, 000Hard Money loan $200,000Original Rehab budget $40k....
I have a tenant applicant who had chapter 7 discharged and assessed amount paid 6 months ago. His app states it was due to problems when owning his own business. He has a union job for the past two years making well...
I was wondering what type of disadvantages or risks comes with using the BRRRR strategy? I own a home that is fully paid currently if i use that (HELOC) to pay for another which i then rehab, rent, cash out refi for a...
HelloI have heard this over and over again from previous investors that lost it all in 2008 and I am starting to hear it right now again. How do these individuats loose everything due to being overleveraged?
There are good tenants falling on hard times...and then there are the bad Tenants.When a good renter falls on hard times, they communicate with the Landlord or Property Manager regularly. They seek advice and assistan...
Is your rental " pet friendly" ? if no why not?