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...
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...
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...
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...
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...
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...
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...
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...
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...