Hi BP community!I have a few properties that I have had managed by a PM company. I used to self manage and when I changed jobs, that required a lot of overseas travel and I didn't feel comfortable having family deal ...
I have a long term tenant in a SFH at $1766/mo that I contacted on November 8 to provide notice they would need to purchase the house or vacate by Feb 1. They were very interested in purchasing, and I gave him my mort...
I am going to keep this as short as possible because I feel I could write a book at this point.I bought a duplex for $60k 1.5 years ago (my first and only property so far). It was ripped down to the studs and remodele...
I thought it would be nice to have a collecting point for day to day money/time savers for rentals. Some things I do or have seen on the forum so far:
Remove storm doors.
Advertise rentals on craigslist
Remove or lo...
As a Chicago landlord, I've noticed many local apartment listings that ask for a non-refundable move-in fee instead of a security deposit. I suspect this is partially due to Chicago's strict laws regarding security...
I am closing on a property in Colorado mountain town in a few weeks. I plan to rent it full-time as a short term rental and am interviewing property management companies. Has anyone worked with Vacasa or TurnkeyVR? Th...
When a sub2 transaction goes through and you have a l/o to a t/b for a set time (2-5yrs), if the seller wants to get another house will they be able to qualify for another loan? If not, what do you do or tell them?
M...
Hey everyone! I am writing a regular column for BiggerPockets Wealth Magazine on “Biggest Mistakes/Lessons Learned” in real estate. I am currently looking for TENANT "mistake" stories, in particular inherited tenants ...
There's been a lot of discussion on the forums as it relates to differentiating bad debt from good. The most common view on BP is that any debt which does not produce investment returns is bad debt.I, for the most pa...