Hello Bigger Pockets Community,I am closing on my first rental property on Friday in Myrtle Beach, South Carolina! It is a 4 unit building with 1/4 being section 8. I've done a great deal in research on the ins and ou...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $36,000
Cash invested: $10,000
I bought this property from someone I knew growing up. The house had been vacant for...
Hello BP-ers!I hope you're all doing well.Here's my story in a nutshell:I've been passionate about real estate for years, even before discovering BP in 2020. While my current job, which I was promoted to six months ag...
So I have a seller ready to sell, but has an attorney friend who advises him to not use my contracts because he feels like he isn't protected. The attorney actually drafted up a contract that im not willing to sign!!...
Trying to get started in the Nashville area, focusing on East Nashville/Inglewood as well as the Woodbine/fairgrounds area. I'm a buy-and-hold guy who wants solid rentals targeted at young professionals, with som...
Hi,We just purchased a home and closed the escrow recently. We moved in 3 days after closing. After living there for 2 days, there was a major sewer line issue. Both toilets and both bath tubs were also clogged (the h...
Can you ever be too aggressive? I know for most on here, 4 properties in 12 months is a drop in the bucket, or all in a days work, but for me this was aggressive. I have just closed on my 4th property, a single family...
Fellow landlords and PM, how should I respond to this text message from my tenant? My tenant texted me this morning regarding renewing his lease which ends on October. He wants to revert back to $850/month (which is w...
When renovating with a 203K loan, are contractors obligated to get the allotted amount for line items? We had a line item that was completed for a third of the amount estimated but he is saying he should get all that ...
Good Morning Everyone,I had a mailbox lock replaced while the tenant was home and the locksmith gave the tenant two sets of keys. It cost $95 for parts and labor. I came by later that day and he had already lost both ...