Hi BP! I bought my first property in 2015, a fourplex in Midcoast Maine. Paid $180k, 25% down with $15k repairs. $60k all in with gross rent of $3,300 and cashflow of about $800 per month. For me, this first deal...
Hello Everyone,Sorry if this is the wrong place to post this! Also, if you wanna skip the purchase story just move on down to "The Point"!I own a property in Klamath falls that I bought 10 or so years ago for about $1...
My seller/property manager sold me a house in IL with a tenant who was delinquent on the 3rd month after he moved in. He paid partially since then. Now he owed me about three months. I used/paid my PM's lawyer and ...
I'm just finishing up the rehab on my first SFR rental. As it winds down, I'm really trying to streamline my application-to-lease processes. My plan is to give all interested tenants an application at the time of sh...
I’ll try to be as concise as possible:Had a nasty guest over Christmas. Left a bunch of trash (we charge $15/bag), she asked about this the night before checkout and confirmed the cost. We leave a starter pack of ever...
I was wondering which one is better to do for investors who want to wholesale real estate.....a "back to back" closing where transactional funding is used OR a "assignment of contract" where the investor signs over hi...
Did y'all get the VRBO email on their new Host Communication policy and with it, sale of property? Not that the communication policy they set forward is outrageous, it just gets tiring of being told what and how to d...
Hello! I’m new to the Bigger Pockets Community as well as property management. I have been reading Brandon and Heather Turners “The Book on Managing Rental Properties” and have found it extremely helpful. I just have ...
I have a short sale I just rehabbed and put on the market that has a 90 day flip restriction that we signed on the short sale approval letter. We have 60 days left on this window. We do have a cash buyer that wants th...
Hello!
I just purchased a property and after closing the title company said they removed the rents for the upcoming month of November (Closed on Nov. 5) at the seller's request. The seller, whom I know, said their 10...