Larry Turowski
How do you handle the stress?
The latest one for me is my rehab contractor disappearing for 5 days. He finally returned my calls today and said a family member out of state had tree fall on their roof. He went to help fix it.But I find I stress ...
Anna Shaver
Financial Plan to $100K yr income
This is uncharted territory for me. Am I on the right track?Goal: Generate $100k a year net income from rental real estate.Background: Currently own a few SFH’s and a condo from early 90’sI have long term W2 income,...
Angela Persico
Inexperienced landord, in over my head
This is my first time being a landlord and it's safe to say I'm not very good at it (yet). I came across Bigger Pockets a few months ago and am now seriously considering pursuing REI, but realize I need to change how ...
John Roberts
Is this mortgage fraud? Would this lease be legal?
I have a question re: consequences for a property management company and parties involved in a fraudulent transaction. What potential penalties would exist for a licensed property manager / firm who engaged in the fol...
Gordon Cai
In-State Vs. Out of State for First Property (Main Goal is to Learn with Min Losses)
Hey BP. I'm trying to get my first deal done but can’t decide whether to start off in-state or out of state. My primary goal for my first deal is to learn as much as I can but due to how expensive homes are in Califor...
Account Closed
Wells Fargo Abruptly Closes Lines of Credit - The End Is Near
When banks start restricting credit, they are not confident about people's ability to repay. That means the use of Lines of Credit, HELOCS and other lending for real estate investing will dry up too.
Wells Unexpected...
Oscar Martins
Building department doesnt like it when i do my own repairs
Went to the building dept in my town today, I have some electrical work that needs to be completed in order to get a clean certificate of occupancy, anyway they said that i needed a licensed electrician to do all of ...
Sam White
Texas Property Tax Blood Bath
Blood bath is dramatic, but hoping to get some conversation going on this. lol. Homeowners across the state of Texas are getting jaw-dropping tax notices in the mail this month. Huge reassessments of value on their p...
Account Closed
Should I let my real estate licenses go?
I’ve had my license coming up on 4 years and I’m debating if I should renew it or not. I’m not so confident in sales nor do I feel that I’ve given it my best shot either. It is pricey to keep up the license and I have...
John Romero
Forcing tenants to pay rent online
I was thinking of writing into my lease that tenants are required to pay rent through an online rent collection website. Can I legally require new tenants to pay rent online and that no checks/cash will be accepted?