Ronald Cooperman
Inherited New hoarding tenant
Just bought a 3br - 1ba property. 56,000. Used Hard MoneyTenant was paying 700/m market 1100The place is a mess because tenant is close to be a hoarder. I can do nothing raise rent to 1000 and then get long term fina...
Eric Bosworth
Small Multi Valuation
Hello,I have been looking at some small multi-family properties (4-10 units) and keep coming across the same thing on listings. Owners / brokers will list the property and say that the rents are well below market rate...
Steve Richard
Is am I too late for Rental Arbitrage?
Located in Florida, but open to wherever makes sense. Very interested in rental arbitrage through Airbnb or others. I just got turned on to this, but understand its been a strategy for a few years now at least and I f...
Von S.
How much notice to tenants when you don't want to renew lease?
Hi everyone, for landlords who have decided not to renew tenants' lease, how much notice do you give them?Also, opinions needed. I have tenants in one unit where recently one person is in the process of moving out. I'...
Bennett Smoot
Looking for refinance suggestions
Hey Bigger Pockets,
Looking at refinancing my VA Loan with a VA IRRRL. Any recommendations for lenders? Got a good rate from LoanDepot but reviews have me concerned. Also looking at Veterans United but when the secon...
Rikako W.
Raising rent on inherited tenants. Advice needed ASAP!
We are a few days from closing on our first deal! We'll be house-hacking a 2-family detached house in Union City, NJ, about 12 min bus ride from Manhattan Port Authority. We are inheriting an existing tenant who is p...
Jerry Johnson
Closing on 5 unit property
in the process of closing on a 5 unit. 4 of the units are occupied and have been for multiple years. The owner is a older gentleman and he took care of these tenants. I of the tenants be living there for over 12 years...
Mark Heidenberg
First lawsuit, any advice?
Hi everyone! I’m being sued by a tenant that left the property several months ago. Tenant claims he got hurt on the property. My main question is, should I get a lawyer myself or should I contact my insurance and have...
Dan McGrew
Mortgages from hedge funds
Through a friend, I got an offer for a 30 year fixed rate mortgage from a hedge fund. The rate is better than any banks I've seen by about 0.25%. They do all the servicing of the loan and use standard terms. I'm no...
John B. Waugaman Jr.
Acquiring Tenants, Signing New Contracts, & Security Deposits
So, we are closing this evening on a triplex that has two units that we will be acquiring tenants in. Our first concern is how we go about meeting with the tenants to have them read, agree to, and sign our lease. Ther...