My tenants got divorced and couldn't afford to pay the full rent. Over the phone I said I would accept a smaller amount, knowing I could deduct it from their deposit. This is legal correct? Also, I just found out t...
My 6 family insurance was 3100 last year and now increased to 3500 this year. What do you guys do in terms of trying to keep insurance premiums low as possible? Do you increase deductible?
Hi BP community, I just got introduced to this site and the wealth of knowledge I have acquired in such a little time is truly amazing.I am trying to get my first deal by driving for dollars and writing down the addre...
Hello,I finally jumped into real estate investing last year and it's been exciting! For no prior experience I feel like my first deal has been going ok :) I currently own and live in a SFH while renting out three of t...
Hello BP People,I’m in a situation where I have approximately $8k in car debt & $20k in school loans. I have about $6500 in my bank account and growing that by about $1000-$2000 a month. Would it be best to focus ...
I'm in the process of purchasing a SFH with a renter already in place. She has been in the home for over 4 years and appears to be taking very good care of the place. I feel like I should do my due diligence before ta...
I'm risking sounding like a danged fool here but I have a problem that honestly I should've solved 20 years ago. We keep calcium chloride and sand/salt in 5 gallon pails at all our buildings. We keep them in entry way...
Hello everyone,I am new to real estate investing. I've been out of college for almost a year now and have come to realize real estate is a great way to build real wealth. I plan on buying my 1st small multi-family wit...
I am dealing with former low-income tenants who have a free lawyer. He was able to get the eviction dismissed because the pay or quit notices were sent to the tenants in one envelope, rather than separate envelopes ad...
So my tenant vacated the end of September and they were a great tenant. The biggest problem is they put a can of tire cleaner on the countertop and the can leaked and bleached out the black quartz countertop around wh...