I have a strict no pet policy, but lately prospective tenants have been saying "but my dog is a service animal." Is there a legal definition in my state of Michigan of a service dog? I don't think I can even ask a pr...
In reviewing past threads, I admit being sent into a mild panic over this 50% percent rule of thumb, despite the fact that I am experienced and currently own and operate 41 units... single family and duplexes with ...
Let me get this out of the way first, I have never considered purchasing a multifamily. I own one single family that I have been renting out for 4 years, and just closed on my second property 2 weeks ago. Multifamil...
Hello BP, I wanted to share some tips that I've learned about making winning bids on HudHomeStore.com. This strategy is good for when you know you want the property, it's priced correctly, and you want to buy it for a...
Ok, here's the story. We are rehabbing out of state. This has proven to be extremely difficult and stressful. We hired a contractor to do a job for $1300. He did the job, we paid him, but there was much more that n...
How are tenant property improvements handled???
Example.
Tenant installed laminate flooring.
Tenant installed new exterior door.
Tenant installed fence on the property.
Floor to ceiling mirrors glued to drywall...
There are literally hundreds and hundreds of clauses that you can find throughout BiggerPockets that people add to their leases. However, in all my searching, I wasn't able to find one single source that lists all ...
Title says it all. Curious to hear what the lessons you all learned after your first year of landlording.
I have crunched the numbers and I see a negative cash flow, I would love a 2nd opinion.
So I am going to jump on the diary band wagon and document my 4th flip. This is my third of this year and 1 last year.Just got word from my agent that the bank has accepted my offer. Just waiting for the documents t...