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I have a tenant that signed a one-year lease yesterday. During the interview process she said she was downsizing which is her explanation on renting. The very next day (moving day) I get a phone call saying she wants ...
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BiggerPockets Members,I am a new investor seeking a location (or "farm area") to purchase my first multi-family property (2-4 units). My plan is to move to the location and finance with an FHA loan. My goal is to live...
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Just got finished talking with my attorney about the whole Safe Act issue and mobile home dealers license for Ohio. According to him I will not be able to do Lonnie deals here in Ohio, unless I find some creative way ...
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Hello everyone! I'm interested in buying my first investment rental property with the goal of maximizing cash flow (e.g. targeting multi-family where possible). I am in New York so I'm looking to buy out of state.What...
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I have multiple rental properties but am asking with this situation as it is my first time encountering this.The facts are: I have a management company who manages a single family home for me. The tenant while living ...
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Last year I posted a thread “It’s 2018–Whatcha Gonna Do About It?” and it got a lot of great response. So why not do it again? Every year around this time I see threads on BP asking about your goals for the coming n...
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I have a co-tenant leased my property. One of them moved out and filed bankruptcy chapter 7 months ago without noticing, the other one still occupied and been paying monthly rent on-time.
Should I terminate the leas...
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Here is the story short. Rented single family home in March and the tenant was late in payment in May (which I gave her grace period and first time late fee waiver) and again she was late in June but said that she pai...
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Today I'm working on taxes and finalizing my Solo 401k set up, yes tons of fun...not my favorite way to spend a sunny 75 degree Saturday in San Diego!
That said, I need some guidance on next steps.
Step...