Au Jia
Option on title of a property I am closing
Hi all,I have a situation in the process of purchasing a rental property. In the Schedule B Exceptions from Coverage of the title commitment, it states a "Memorandum of Option" between previous seller and buyer in 201...
Bradley Forrester
Termites Found After Renting
I recently just moved out of a property after renting it for 3 years. The final 6 months while living there, we were under no formal lease and just paying month to month with no actual lease contract. The lease contra...
Matthew Ard
New Construction vs Rehab Property
Hi! Future potential investor here! What was your first property? I’m looking to start investing in rentals, single family, and I’m wondering if it would be more beneficial to buy a fixer-upper as my first property, o...
Manco Snead
Conundrum with Payment from Prior PM
Greetings, Conundrum here; had a PM for an OOS property for 6 months. In short they were horrible and I lost thousands of dollars because of them, mostly due to a non-paying tenant they never properly dealt with. I te...
Roy H.
How to find a rep or local contact for STR?
Some cities require you to have a local rep/agent that's within a specific distance to handle any problems arising from your STR.e.g. "a local rep within 60 minutes of the property"Yes, you can get a PM to handle that...
Jonathan W Cantwell
Best return Galveston vacation rental,beach,Strand,canal,Seawall?
Looking to purchase a vacation rental in the Galveston area that are family can use but still make a return on, or at least pay some expenses. Any ideas on the best type of house? Beach front, canal, strand, Seawall, ...
Krystal Stone
Renting our residential house to a group home, Any advise?
Hi we have been approached to rent out our 4BR/2BA residential home to a group home for at risk youth. We are in Mesa Arizona and looking for any advice possible. Does anyone know of a good resource for this type of r...
Robert L.
Tenant2 bit by Tenant1 dog wants to come after landlord
I got a letter from Tenant2's lawyer who is investigating an incident where he said Tenant1's dog bit him. I talked to Tenant1 and she said his story is not correct and will testify as necessary to defend the landlor...
Seth Bennett
What wiuld you do with 100K in Madison WI
What would you do if you had 100K cash? I’m trying to avoid out of state investing because I have property management and contracting experience, so I could cut some expenses on those fronts as long as I can travel th...
Kyle Carter
Negotiating Favorable Terms
Hello BiggerPockets community!Does anyone have any tips in regards to negotiating favorable terms in a deal?