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Hello,My family owns 105 single family rentals with an average rent of roughly $650-$675. The tenants who generally rent from us are working in low-wage industries or collecting SSI disability checks. My father has c...
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I am just curious about everyones thought on section 8 rentals. I got interested in section 8 rentals after listening to a podcast about a guy that soley owned section 8, he said he NEVER had any late payments nor his...
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Hey BP community, I’m trying not to lose my mind here. We had tenants for 3 years move out recently in Virginia. The place was really gross- mouse droppings, damaged and moldy drywall, a broken window, termite dam...
Ok here is the situation I close on my first house ever on Thursday and I am nervous as to how to handle this situation. I have a tenant upstairs who has been there for 4 years and is on a month to month lease, so bas...
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I need help with a deal - the offer, deal structuring, and funding. Any suggestions would be greatly appreciated.
Here's the deal:
It is an REO, new on the market - asking price - $29,900 for a 2 Bed 1 Bath condo, re...
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All-- I asked a form of this question previously and got some good ideas-- I'm hoping for a couple more.
I've had dozens of conversations with sellers about doing lease options over the past few weeks-- some have bee...
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Tenants paid, got the keys etc. today. They told me they want to paint one of the rooms in the house, make one alteration, and bring a dog (but they'd told me before that they weren't bringing any pets because of alle...
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Hello Bp Community,
I'm in the process of purchasing my first rental property (Duplex) as a long-term buy and hold. I met with the home inspector this morning and after reviewing the property and report, I have a cou...
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Hey BiggerPockets!My name is Shawn and I cannot wait to start buying rentals. BP has provided a ton of great resources and what I would call a good distraction from pointless college classes while I was finishing up m...
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Hello to all. About a year ago , I got a letter from my association that stated one of my parking stalls were deemed illegal by the city. I understand why since its blocking a walkway and fire hose station. I shou...