Hello team,I have a rental property that burned down to the ground recently. Adjuster called this morning saying that he was going to request a payout for the 200K cash value. I owe about 125K (mortgage, demolition wo...
We charge a $400 "entrance fee" plus $40 extra per month per pet. My wife thinks we should list and account for the extra $40 separately while I think it should just become part of rent for simplicity. We don't send m...
I showed a 3 bedroom apartment today to a couple with 4 children. During the showing the kids were slamming doors and stomping around loudly. The number of kids is not an issue ( and I obviously can't deny them becaus...
Hi all,I was curious if anyone has experienced termite trouble in Michigan. There is a pest control company that is recommending protection against them, but I wanted to know how much of a problem they truly are. Gene...
Hello,
Curious to know what you'd do in this situation. Rent is due today (October 1st). Tenant asked if we could work with her to avoid late payment fee (assessed if rent not paid prior to or on 4th day of month) si...
I'd like to know if anyone has returned the "Landlord's Cash Flow Analyzer" software from rentalsoftware.com for a refund?They offer a 30 day money back guarantee and I'd like to get a refund but one of the requiremen...
Hey friends! I'm a new landlord and have discovered bigger pockets and loving the community here!
I've done something that flies in the face of what most people think is wise – I've decided to list of my units as "al...
I purchased a 4-plex in Las Vegas in June 2018 with all units occupied. A tenant messaged me and said SWAT broke into the appartment above hers and arrested someone. The tenant upstairs (who lived alone or maybe had ...
Hey BP! I have spent a lot of time studying the real estate world, but I am still lacking in the rest of personal finance knowledge. I have decided to only focus on the BRRRR strategy moving forward, so I am saving up...