Jodi Baron
Introduction letter and Increase in rent
Hello! We just closed on our first 4plex. We would like to write an introduction letter. We also need to give notice of increased rent. Can you share your ideas or steps?
Candice Brown
Looking for encouragement
Hello Bigger Pockets Family, My partner and I have been doing Wholesaling for about 4 months now and we are starting to get discourage. We have invested so much money into our business with getting a mentor and market...
Yvette M.
? self managing
I have a PM, but will start self-managing in July. The lease by the PM gives tenants a 3-day grace period. I want to change this to no grace period -- rent is due on the first. Can I legally make that change?
Chantel Bomar
First Time Landlord- rent collections: Check, money order, cash, or software?
Hello, I just bought a duplex that I'll be living in one unit and I already have a tenant that rolled over from the previous seller who will continue to rent the other unit until the end of their lease. This is my fir...
Alicia Marks
BiggerPockets Book Club Real Estate by the Numbers- Part 1
Welcome to our first ever BiggerPockets bookclub! This will be a chance for us to talk about what inspired us, where we have questions, and how we can become more effective investors. Please note our forum rules (foun...
Jimmyhee Quach
Partnership in LLC Expense Tracking
Hello! I have recently created an LLC with a partner of mine to make our first investment. Wanted to gather the great minds in the BiggerPockets community for pointers to get us started on the right foot:1) What is th...
Ted Klein
Rental Increase Question
I have two fantastic long term tenants that I'd like to keep. Both always pay on time and take great care of the place. I thought that the proper notification of a rent increase was only 60 days notice, however, I res...
Andrew Jackson
Advice on 10 unit apartment complex
Hello all, I'm seeking advice on a 10 unit complex with 8 1 bedroom units and 2 studio apartments. The complex is:$300,000Down $60000Rent income assuming $400 per unit= $48000 per yearManagement at 10% rental income $...
Stetson Turner
Tool Calculator Disappointment
I am disappointed in the calculators on this platform. They produce simple results with no room for adjustment to come up with a more accurate outcome. What am I paying for again?
For example, if going with less tha...
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Mistakes of Experienced Commercial
These are fatal errors. An investor who chronically makes these mistakes will not long be an investor.
The common mistakes made by experienced investors are a bit more subtle, but are perhaps even more damaging becau...