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Results (923)
Trent Mettenbrink My accountant says I need a separate LLC for every rental property...
12 November 2015 | 30 replies

We are new investors and are looking to set things up the right way.  Our plan is the buy one or two properties a year.  After talking to our accountant he recommended that each property by under its own LLC to protec...

Mark Beekman Operating Expenses Estimate Too High?
20 February 2011 | 69 replies

When I find a promising multi-unit rental property, I usually assume that 50% of the gross rents is what I'll have after operating expenses to pay my mortgage. The listing sheets have a breakdown of the operating expe...

Account Closed Tenant threatening legal action over security deposit
9 September 2022 | 36 replies

Hi Bigger Pockets -- I have a situation I'm not sure how to deal with, am hoping for your help. For context, I am a new investor who is househacking my first property; at this time I do not have a lawyer, and the hous...

Jeorgia B. 12 Mos Rent Up Front- Yes or No
23 May 2018 | 45 replies

I began looking for a tenant for my new rental property a few days ago and have received a lot of interest. One of the applicants qualifies in every way (clean background check, good credit score, non-smoker, etc) exc...

Cat L. Re: Bad Wiring Damaged Tenant's Dryer - are we liable?
13 June 2017 | 22 replies

If we had owned this property for any length of time, I wouldn't even ask - we just bought this property last month and inherited our tenants. It seems there was bad wiring in the utility room that was not rated for t...

Nicole Dechow Seller financing with a mortgage
13 April 2021 | 34 replies

We are speaking with a seller at that still owes $70000 on his property. We offered $100k cash and he is not interested. He said he would be interested in creative or seller financing.  Is there anyway to do this wi...

Bill Mitchell Getting More Offers Accepted With Sellers: A Trick Im Sharing with You
19 December 2013 | 23 replies

We all know about the 70% rule and how it works. But if your numbers are correct for ARV and repairs, and then have to back out your assignment fee as well. Sometimes its difficult to get your offers accepted beca...

David Burns erentpayment.com late deposits?
2 July 2018 | 27 replies

Is anyone else experiencing issues with erentpayment.com?  I use them for rent collection and they are currently holding my recent rental payments.  Allegedly there is an issue with their bank and the bank's required ...

Trey Bagby How old is too old for a rental property?
16 December 2022 | 20 replies

My real estate agent just sent me a listing that has the potential to make a really good BRRRR, the only thing that concerns me is the house was built in 1920. Any advice or things to think about when buying a propert...

Joe Stout Adding a Firepit to my STR- Gas or Woodburning?
8 June 2023 | 29 replies

Adding a firepit to my STR in Port Clinton Ohio. Can you guys help me decide on the specs and the type? Are there any hazards I should watch out for with gas? Can you make more cashflow with wood-burning since you're ...