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Let's say you have 5 properties that - due to economic and job market conditions in the area - only command enough rent to barely cover mortgages, insurance, and taxes. Nothing left over at all for maintenance, repa...
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Tenant text me last week Thursday saying they are moving out on April 30th. They sent a text message stating that there are plumbing issues with drains not draining (first time they have ever told me about these issu...
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looking seriously at little dumpy house in poor working class neighborhood.gf n I've been socially distancing because she's out working with public & i have roommate/renter that has asbestos health issues & if...
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Hi folks, I lend money to a friend last year in April for her flip in Mountain Baldy, San Bernardino CA. She couldn't get the property sold because of the lease land and some title issues. I signed a promissory note w...
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Hi everybody! This is my first discussion on Biggerpockets, quite an exciting moment! :-)A little background...I have been involved in buy-to-let real estate for the past few years in South Africa (Cape Town, Johannes...
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(I'm copying this over from the buying/selling forum)I've lived in a home for 20 years (it's a 50 year old, 1200 sq ft manufactured home, basically a double-wide trailer, that has very dated decor, drop ceiling, and i...
Hi I am very new to Wholesaling. The owner wants to close in 2 weeks. I stated 30 days on contract. Minimum work needed on property according to pictures and seller. Should I change it and try and scramble for an inve...
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I got a letter from a lawyer that part of my driveway is on his clients property. When I purchase the home, the driveway was paved. Has been for 30yrs I’m told. The letter says my options are return to prior state, wh...
Hello all..I have two eviction scenarios. I know you guys can't provide legal advice. I'm just looking to see what others have done.1) The first tenant is in rehab and I followed the Notice to quit, had the hearing an...
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I am just getting into REI and have my eye on a few foreclosures which I would turn into rental properties. The properties are near local universities. I feel that it may be easier to find tenants for these homes but ...