Cedric Jenkins
Is it impossible to overcome a minor mold issue?
Hi, BP family. Quick question..We found a property being sold as is for 25k. However there’s a mold issue (not severe). Work needed is 8k.ARV is 63k. I believe I can leverage the fact that there’s mold to lower the as...
Kathleen DeNault-Ridge
Very VERY small commercial deal with seller financing
I am considering the purchase of a small commercial mixed-use property. It is a building with two current multi-year leases (post office, yoga studio...no history of lengthy vacancies), and a very small owner-occupie...
Thomas Hatley
Inherited Schizophrenic Tenant
I'm in the process of negotiating to purchase a home that is occupied by a very elderly schizophrenic tenant who, according to the seller, has not paid rent or been on a lease in nearly ten years. What should I do to...
Marco Padilla
Having problems with my tenants
Wow so I’ve been having problems with one of my tenants whom have been paying the rent late the past 4 months and they’ve gotten worse, I’ve been having to charge them late fees. Now these are stellar tenants, until t...
Chris B.
Declaring service animals / emotional support animals prior to signing the lease
I've converted to being a pet friendly landlord. It seems over the past few years that 75% of the applicants have pets so it makes sense to do so. Conversion of flooring to accommodate this is expensive and I charge...
Eric Palmer
New dentist: balance between paying student loans & beginning REI
Good morning BP! First post, here’s my intro: I’m a new dentist finishing a 1 year residency training soon, the plan is to then work in a group private practice for 2-3 years then become a practice owner.One big quest...
Frank Barletta
Houston: Gross Weather, Lovely Investing
A friend recently asked me to compare two Houston zip codes, 77008 and 77063, from an investment perspective.
Now, I'm a big fan of Texas, but the first thing I said to him was that the weather is HORRENDOUS. Anythin...
Jeff L.
HELP: Evicting a Disabled Veteran
Howdy BP!I have a huge dilemma I could use you help with. My question is this: How can I get rid of this tenant? Over the weekend I had an inspection done on a property (duplex) I have under contract in Colorado Sprin...
John White
Do You Require Tenants To Carry Renter's Insurance? Why?
Good Evening...I've seen a lot of leases where the property owner requires the tenant to show proof of Renter's Insurance. Is this something that you do? Why? I guess the real question is what impact does it have o...
David Tang
Immagrants as tenants
Hey BiggerPockets Community, Me and my wife are new to real estate and just recently bought a legal 2 + BSMT unit in Chicago. We were reached out to by a migrant housing group member asking if we would house a immigra...