In short, I bought a property on a Friday. Less than a week later, people had broke in through my back door, changed the front door lock, and moved in. And they do not have to leave. They produced a lease and receipt ...
Hi all! This will be my first multifamily deal. It is 18 doors scattered throughout a bigger complex of 88 doors total, so I will be adquiring 20% of the totality.(20% voting rights on the HOA!)I can not get a competi...
A house I'm considering purchasing has a pest problem, and there are a lot of rodent droppings in the garage and attic. If I go through with purchasing it, I'm planning to hire a pest control company to get rid of the...
My tenant says that her glass shower door shattered out of no where when no one was in the bathroom (this is the second time in one year). I do not know how glass breaks with no point of contact but that is beside the...
Hello Biggerpockets,
Does anyone have a checklist on how to buy a income producing property? what would be the steps?
Thanks..
Hi BP!
I have a single family home that we rehabbed and rented out in 2023. A brand new oven and as purchased and installed in March 2023. Tenants moved in in April 2023 and renewed their lease again this spring. I...
I live in a HCOL area so local properties are out of the question for me. Exploring options in small multi-family properties. From a management and maintenance perspective, it seems like it would be more straightforwa...
I thought others might be wondering like me. I hope it's on, but what's the damage near the hotel or getting to and from the hotel and airport? The photos of Cancun looked pretty flooded, but I don't know the geograph...
I received a text from one of my tenants who has been in the property for 5+ years. He said, "I launched a rock into the sliding glass door with a weed eater and it shattered the outer pane". He asked if he pays for t...
I've found a residentual lot with 5 owners, who are scattered from FL to CA, but none local to the property. I've had verbal commitments from 2 of the owners, and they tell me everyone is OK with selling it. I've ha...