Dar Fornelli
Tenants paid full rent late, but have not paid late fee
For the second month in row, my tenants have paid rent 3+ days late. My lease states the following: Shall tenant(s) accounts not be paid in full by 4:00 pm on the 2nd day of the month, a late charge of twenty five dol...
Douglas B.
SUB30kCLUB: why invest in sub30k properties in the first place?
For Renee and I, it's all about the numbers. We truly believe that the goal of investing is to get the most return on our investment dollar. A 100k duplex that rents for $700/unit is simply not as profitable as a 3...
Michelle Bulich
Would you purchase a house that haunted?
I have a feeling this may be the first time something like this has been asked on BP. I am finally about to put a bid on my very first property and it’s a foreclosure. When people say ‘if it’s too good to be true it u...
James Park
Prospective Tenant was turned off by thorough tenant screening process
This is the first time listing the rental property as an agent representing myself. I almost went through an eviction on my last property in Chicago and wanted to be extremely cautious when screening a prospective ten...
Ron T.
Robert Kiyosaki The Lazy way to invest in real estate.
Have some of you read this book? Is there new unique methods that we should know that aren’t discussed on Bigger Pockets? I’d appreciate comments or brief review. I’d love to think there WAS a (Profitable) lazy way...
Jacob Knowles
Why isn't everyone buying and renting mobile homes? what am I missing?
If you missed my other post. I am new and will probably have a few questions while I am studying and analyzing deals the next few days. One question I have right now is whats the down side to buying mobile homes for b...
Account Closed
Subject to paperwork
I'm closing on a property in Douglas County, Colorado subject to today. This is my first sub2 purchase. I'm trying to confirm if a signed POA along with a signed Auth to Release Info sheet is satisfactory for accessin...
Lucas Mills
How did the 2007 housing bubble affect investors of buy and hold?
First, I'm confused as to what exactly caused the housing bubble of 2007. It sounds like people were unable to pay their mortgages, thus resulting in foreclosure, but why were they suddenly unable to pay in the first ...
Account Closed
Seller Fiancing as a retirement strategy
Quite often I hear people talk of seller financing as more of a last ditch resort when disposing of property that one might not be able to sell any other way. I'm sure that many of you have come across these kind of ...
Terry Lao
90% of Bigger Pockets will never take action on REI
Today is Thanksgiving. Lots of time to talk shop, politics, or real estate investment with family and friends. I just spoke to acquaintance of in law, and he mentioned purchasing home within a year. I spoke to him abo...