Fred N.
Buyer Cancels 23H before closing. Case to keep partial Deposit?
Hi all,I need the professional to put on their legal hats here, as I have a situation where the buyer purchasing my condo cancelled 23 hours before the closing. Please note that I am the seller/owner and selling agent...
Scott Trench
Should Early Retirees Take Advantage of Gov't Benefits?
So I've got a controversial topic to throw out to the BP community. On many recent posts I've seen online, I see members of the Financial Independence Community (no BiggerPockets members that I've seen thus far) talk ...
Dave P.
Experts, care to make a wager?
I have just started the negotiating of a short sale. The purpose of this post is to hear from the experts the likelihood of success for this deal. My headline may look a touch confrontational, but it's not at all. I j...
Wei Xie
Accepted payment types
I have another question about what payment types you accept. California law prohits landlord force tenant to only pay by ACH transfer. As I live 1 hour away from my rental property and work full time. I am wondering w...
Chris S.
Screening Potential Tenants
Been owner of a two family for about ten years. I have never (knock on wood) had the apartments vacant--mostly due to location (walking distance to subway in boston) and affordability. Over the past, most of my scr...
Dani Beit-Or
How Easy/Hard to Steal a House
I have two goals for this post:Increase awareness of the issueFind ways to decrease the chances of this happeningNote: I'm not an attorney. Just an investor. Several weeks ago I read a post on FB about someone who got...
Ayodeji Kuponiyi
Rejecting Prospect Tenant (Non Refundable Application Fee)
Should my rejection letter read something like this:We're sorry to let you know that the property at [address] is no longer available. At this time we've rented this property to other applicants. Thank you.Do I need t...
Jeremy Rhodes
Underwhelmed with tax breaks of owning investment property
I am doing my taxes myself via turbo tax and I must say I am underwhelmed with the tax breaks I am getting for owning a rental. My wife and I have strong W2 earnings at about 250k combined and it doesn’t appear that a...
Mike McGee
Rently?
Looking for feedback from those using Rently, a lockbox/service which allows prospective tenants to let themselves in to view a property. http://use.rently.com/how-rently-works/Seems a little scary to me. Any horror s...
Shazia Chiu
Tenant behavior...I cannot compute!
Hi BP. My husband and I own a fourplex and our neighbor/tenant has been paying rent later and later each month since she signed her lease in May. She is honestly not someone we would have rented to if we'd had control...