When I closed on my six unit commercial property with 5 out of 6 units occupied, my thought was: This is no big deal, I can find one more tenant and self manage 3 current tenants with triple net leases (1 tenant has 3...
I'm sure we all heard a lot of quotes or sayings from another Investor that you thought was the dumbest thing you have heard!I'm sure this will help others because you can learn a lot from those quotes!Here is a few:-...
If a property owner is using a reputable property management company how can he be held liable? What could he be held liable for?Obviously if he denied repairs or funds for them?What else if he isn't actively managing...
Hello,I am a new investor and currently own two single family rental properties.I have a third property under contract that is seller financed.We were under contract and a few weeks from closing the seller notified me...
I’m interviewing potential tenants for a 1300 sq/ft, 3/2 SF. I was approached by a married couple, their daughter, the wife’s best friend and her boyfriend and theyd lIke to rent the place together. Besides having ev...
I have a prospective renter who has a recent DUI. I use the Smartmove app to screen. Does anyone know if the Smartmove flags DUI's. If the app automatically rejects because of DUI, I would not want him to waste his mo...
I am renting my house for the first time and held an open house today. I received a very positive response with 7 applicants which is slightly overwhelming to say the least. I have it narrowed down to three but am in...
I'm an early retiree from the airline business, investing my retirement assets in a self directed IRA. To date I have written 3 private loans at good LTVs and am very pleased with the results. I would like to get mo...
Someone working on one of my rehabs somehow got a blank check of mine, forged my signature and either gave it to a friend who cashed it for $800, or cashed it with false identification.
It was cashed on Frida...
I have been on Bigger Pockets for about a year and this is my 1000th post. I have to admit my posting has slowed over the last few months. I found myself spending too much time on here and not enough time on my busine...