Scott Goulet
When do your rentals typically start making money/making sense?
Hi everyone! I'd like to say in a fairly experienced investor, still a newbie at heart though. I have 8 doors over 3 properties. 1 specific property, I purchased in 2019 and in 2019 I took a net $9k loss, and in 2020 ...
Ricardo S.
Pay off credit cards or buy a 3 family in July?
Hey BP!,Since graduating I found myself anxious to get into real estate asap! I keep reading all these success stores and I feel I am ready but the only thing holding me back is thinking should I get out of debt first...
Roy C.
The logic behind long term tenants
I don't understand people who are long term tenants, and the logic behinds it bothers me. They are paying monthly rent to other people, which doesn't make sense to me. If they have money to pay rent each month for lon...
Liliana Ruano
Oceanpointe (and Morris Invest) Property Management Problems
Hi everyone,As mentioned before on another post, my husband and I bought a property through Morris Invest back in August 2016. Everything went smoothly, and there were no issues. The only problem that we had was a l...
Ben S.
Unable to remove tenant on a month to month lease in MN
So I have found a very ugly side to being a landlord in MN I believe. It appears that per the law if a tenant gives a complaint they have just bought themselves 6 months of eviction or non-renewal of lease free time....
Bill Briscoe
Should I rent to tenant with 540 credit score
I have 1 property which rents for an above avg $1275/mo, SFH, tenant pays all utilities, yardcare, etc. We did a full reno 3+ years ago and have a mtg so cash flow is only about $450/mo. So far we have had 3 tenants...
Jessie Nunley
Negative Nancy Naysayer Family Members
Just curious how many of my BP family has experienced negative pushback from family members when you discuss your real estate goals with them? I remember watching one of the webinars recently where they talked about t...
Alyssa Feliciano
When investing out of state, how did you decide where to invest?
Hey there Bigger Pockets! Im a rookie investor, living in Souther California, looking to invest out of state. I want to start looking for deals but I'm getting hung up on where to look. For out of state investors, wh...
Eddie P.
Why do investors buy HOA liens at auction?
I constantly see investors buying up HOA liens at the foreclosure auction and wonder what is the reason? If they had no mortgage or a low balance on the mortgage, I would understand. Most times they are way under wate...
Jay Hinrichs
The 2% rule kills values
As one who had never heard of the 2% rule or 1% or any of the other terminology that floats around BP,, I just became aware of the 2% rule. I was talking with a fellow from Oregon who was lamenting that there are no 2...