I own a single family rental in Kentucky and the tenants submitted a move out notice last month for when their lease ends on Feb 28. They were not responsive to the property manager’s requests for showings and when qu...
I reached out to a lender and I was told I had to have capital of my own. I thought you didn’t have to have capital? He told me any lender is going to require me to have capital. He basically told me to save up some m...
We are hearing about some municipalities and counties across the country halting evictions because of the Pandemic. OK, I get that. Don't like it, but I understand. So the next question is: will mortgage lenders al...
Hi everyone! I am from Atlanta, Georgia, but have been living in Asia (currently Tokyo) for the past 7 years. I and my wife plan to move to the US around the end of this year at which point I'm planning to start a c...
Hello BP Members! I write a regular column for BiggerPockets Wealth Magazine on people's "Biggest Mistakes" in real estate. Do you have a "mistake" story and lessons you learned from it? I'd love to hear it! (Thanks t...
If you are one of the people on here posting about the market crashing, and expecting deep discounts some time in the not so distant future, then are you selling your portfolio today? If not, why not? Things are still...
I'm starting to get annoyed with my first tenant, and as a first time landlord, i'm not sure what to do. A little background information -Tenant moves in and "forgets" to do move in property and condition form. I info...
Bill Gulley posted in another thread that he'd rather have "5 150K properties than 20 32K properties, all things considered. Generally, less maintenance, less management efforts, fewer collection problems, less vacanc...
Im pretty blind sided by this.3 unit under contract at 140k, scheduled to close beginning of September. Inspection went well, bank has committed to funding it, title company is ready and good to go. Insurance in place...
Last week, I closed on a triplex and my portfolio hit 25 units, and I wanted to share what I've learned in the hope that it may help some investors who are starting out (both young and old). This deal:Purchase Price: ...