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So I just closed on a fourplex in Stockton and I have a guy collecting rent who I inherited from the previous owner. He tells me yesterday that he has everyone's rent and we start going through the numbers and I no...
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I hate my job and want to quit ASAP. I'd like to leave next year after bonuses (Feb 2015). I am going to be a buy and hold investor using a management company. I have a nice pile of cash saved up to invest.
I...
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Economic Update(Monday, December 7, 2020)
Everyone keeps asking when will Congress pass a new stimulus package that our economy so desperately needs? The good news is that Congress is once again considering severa...
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I've just canceled a newly inherited tenant's month-to-month lease, something that doesn't happen frequently in the small number of C-class rental properties I run in my portfolio. But the tenant came to me in the fir...
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Good morning,I'm a landlord with 1 property. It's a 4 bdrm and rents for $1950/month. I have been paying $135/month to a property management company and as far as I can tell, all they do is collect the rent, keep th...
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Economic Update
(Monday, October 5, 2020)
The economic collapse sparked by the pandemic is triggering the most unequal recession in modern U.S. history, delivering only a mild setback for those at (or near) the...
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I’m just getting started in my REI journey after nearly a year of analysis paralysis. I’m an engineer by degree but always wanted to get into REI and get out of the rat race. My hometown of Aurora, IL is where I have ...
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Welcome to the new year BiggerPockets Community! Many of us have already begun to plan and assess how to improve our businesses for 2022. Some of us, myself included, are still in the process of setting those goals. I...
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I dont like renting to people that just recieve social service checks as income for 2 reasons.
1. If you dont work for it you dont take care of it.
2. You cant not garnish social service income.
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Hello InvestorsI need some advice on this out of state Commercial purchase. We own small Commercial office spaces and are looking into purchasing a Retail building with 2 tenants with one of them being a big box corpo...