A little over a year ago I bought a triplex in Chelsea with 2 tenants in place. I've poured a lot of money into repairs because previous landlord didn't take care of anything, then I put in a 3rd tenant. I've been luc...
A tenant owes partial rent and late fees from prior month. Rent is due Oct 10th, last night she informed me she is breaking the lease and asked if she could ride out the month of Oct, promising to be out by Nov 1, and...
Sobering assessment from the annual report by the Taxpayer Advocate Service (a semi-independent branch of the IRS basically tasked with specific and systemic problem resolution):- 10-month refund delays on paper-filed...
Dear BP community,I just made an offer on a fourplex and am looking for negotiation advice. The property is in really good shape and had a new roof done on 2014. The area is a B- neighborhood so it will not be too d...
I am looking for some quick opinions on the deal below. Can I really go wrong with this?? I have submitted the contract and just waiting on the seller to sign but we have already agreed verbally. I have been looking t...
Hello, I am going into Real Estate Investing as a single. I plan on staying single, but sure need a few female voices to help me 'get a plan'/ check list. I live in CA, but hope to invest where I can, out of state is ...
I have tenants asking me to subsidize their electricity bill bc it more than doubled in the month of May-June.....this is the story. Please provide input.About two weeks ago their AC unit broke. I immediately had a ...
I am working on a long term buy and hold plan.. SFH's here in Nor cal are SO overpriced. I am 40, 3 kids, full time job... I envision doing Property management at least in the first decade, but do a lot of work myse...
In November I expect to have a small amount of cash to invest. Due to this limited amount I'm thinking about the following options:- Partner w/ another investor (I provide the cash for rehab?)- Use it to be a priva...
We are newbies. Like typical newbies, we're stupid. We're about 3 months and 1.5 properties into this biz, and realizing just how inexperienced we are. I just stumbled across biggerpockets (which is amazing!!!), an...