I'm hoping that someone sees this and can dive in with "real talk." I'm going to lay it out there, and as I'm learning through this initial start up process (and I'm a quick learner) that I'll be able to realistically...
@Brandon TurnerHey Brandon!What's better: a 15-yr mortgage or a 30-yr mortgage?I can still cash flow just fine with a 15, so I decided to take it (PITI with the 15-yr is $550/month, while it is $350/month for the 30-y...
Not screening properly.Not running numbers correctly.Not evicting in time.I want your mistakes and your stories behind those mistakes! Please share below.
I know not everyone is against C and D properties but I have a few cases for them as a viable asset to invest in.
1. Cheaper price point to get started in real estate (cheaper is not as worse)
2. It is less affected...
As everyone is rushing to get into the Airbnb market, we have been in it long enough to want to get off of their platform altogether.We still want to do short-term rentals just not on Airbnb due to their guest-friendl...
Anybody here have any success stories retrieving money owed from previous tenants? One of my ex tenants left the house a mess, owes me a couple months of rent and a fee for breaking the lease early. We set up a repa...
I have been noticing there are a lot of posts asking about can I discriminate against this or that. I always thought of tenant screening as a job interview and I am the employer. I would phone screen them, if they m...
I have a pair of tenants that are known by all tenants as the drug/pot dealers but no one is willing to testify.Before they moved in, I checked their background and they had nothing bad. I could not talk to their prev...
Hello BiggerPockets!I'm exploring the possibility of getting a 10-unit apartment building. With that in mind, I'm wondering if I should get an LLC.Benefits of LLC:1. If I live in the property, I, Jared, can rent from ...