DAn L.
Renting Shed homes
I've been building some tiny homes the size of a shed (using the footprint of a shed, so no permit), and so was wondering if I could rent these out to people, for rental income, and if so, what would be a fair price p...
Jessica Medvec
Is “cash only” really cash?
Found a property I really like in but it’s a total reno and our agent is telling us the purchase is cash only. The property has 7 acres with a 3/2 main house and a second separate 2/1 house (which also needs renovatio...
Account Closed
HELP!!! Need to Terminate Lease BEFORE Tenant Moves In... (longish post)
Hi BP-- This is my first post. Well, my first everything actually. I've screened and approved my first tenant on my first investment property (duplex). Here's a brief rundown on the situation:During the lease signing ...
Chris Stromdahl
Tenants getting a divorce
Hello,I got an email this evening from my tenants about them deciding to get a divorce. They have lived in the house since December 2014 and are great tenants overall. Of course though, I want to protect everyone's in...
Johnny McKeon
Quoted over 8% interest rate for owner-occupied fannie mae 5% down 4plex
Hey BiggerPockets family,I was just approved for an owner occupant, Fannie Mae, 5% down with a purchase price of $1.3 million for a 4plex in the Phoenix Metro of Arizona
My middle FICO credit score is 759
My cur...
Robert Freeborn
Emotional support animals
A friend of mine living in Utah is trying to get an emotional support animal, but her landlord is having issues. Besides being provided with letters from her doctor and psychologist for the need for the animal, he is...
Diana Zelada
Can I legally get out of a real estate contract without penalty if…
Good morning,
I have been looking for chances to be able to get out of a real estate contract on a house I wanted to purchase but later on regretted. The seller is very difficult to deal with and he is refusing to h...
Michael Hutchinson
First Apartment purchase, advice needed. 12 unit
All, I am looking at buying my first apartment building, assuming my research works out this weekend. I would love to get general advice to look for, resources, etc. to help make sure I evaluate this correct. Here i...
Cp Rahaim
Proforma and Making First Purchase
I am creating a proforma to analyze deals. I am looking to buy my first property and need some advice on metrics. Do you look for a certain cap rate? Cash on cash return? NOI? Appreciation? Also, do my numbers l...
Sateesh B.
Tenant wants me to replace the jetted tub with a plain tub
One of my tenants is pestering me to replace a perfectly working jetted tub with a plain tub, she is quoting that it is tough to clean and due to that she is getting fungal infection and quoting medical reasons, Plumb...