Here is the story short. Rented single family home in March and the tenant was late in payment in May (which I gave her grace period and first time late fee waiver) and again she was late in June but said that she pai...
I bought a duplex a couple of months ago. Here are the numbers:
Purchase price $85,000 (I put 25% down)
Monthly payment including taxes and insurance is $585/month
Total rent for both sides is $1,...
I’m sure we’ve all seen many videos of ceilings collapsing, pipes bursting, and flooded floors coming out of Texas. Considering the uncertainty with the power grid, climate change, and likelihood or unlikelihood of t...
Hello BP community! We’ve followed BiggerPockets for years and a few months ago I posted in the success story forum on how my husband and I went from complete real estate failure and debt to coming back and buying a $...
Hey everyone!I'm currently in the process of purchasing my first property. This is a fully occupied 4 unit property in good condition. Each unit is a 2 bed 1 bath around 1,000 SQFT each. The current tenants are paying...
Hello fellow BP members!I wanted to ask for your advice regarding a decision I’m putting in front of myself: I’m trying to decide if my next investment property should be a play for appreciation or cash flowI’ll try t...
Hello BiggerPockets!I started investing in real estate early this year. So far I've managed to purchase one SFH for $385,000 15 miles south of downtown LA and a 3-unit Multi-Family property about 2 hours east of LA. I...
I had a rental payment processed on 10/4/17 and still haven't received payment. Their Facebook page has a post saying processing that's normally 2-3 days will be 3-5 because they're changing banks. They never sent not...
A tenant was $100 short on the rent and paid me yesterday, the 6th, with the $25 late fee.
I'm thinking, one day, you couldn't borrow $100 for one day from someone to avoid paying an extra $25?
Let's see, $25 inter...
My rental property is on it's first month of lease. I've spent close to $30k renovating it, and it looks great! Numbers are great too, as of now. However, an issue arose that I haven't had with the property until just...