James Brown
Month to month tenants - keep or vacate
Hello Biggerpockets, I'm writing this post to ask for some advice. I'm about to close on a 4-unit property in Illinois. 3 of the units are currently rented out on a month to month basis. Tenants all seem to have good ...
Max McQueen
Investing LLC Bank Account
Hello BiggerPockets Community,
I'm kicking off the new year with an exciting venture: I've just established my own real estate investment LLC!
I'm currently exploring banking options that align well with this specif...
Daniel Lee
Working with Pre-Foreclosures?
Hey guys! So finding a deal with enough meat on the bones in the Los Angeles area is tough (for me, at least), so I've started to look at foreclosures. Now, I know foreclosures can be tough, but I've been focusing spe...
Jacob Schwartz
Deal with old owner on a property I bought in the auction.
Hi everyone!I recently bought a mixed used property in the Sheriff auction and the owner of the retail store is the former owner of the property. Would it be a problem if I keep him as a tenant or it’s better for me t...
Harry K.
$150k to invest: What would you do with it?
Hi everyone, been listening to the BP podcasts for a while now and finally decided to setup an account and start getting involved on the forums. A little about me: Just turned 31, live in Los Angeles working as a Dire...
Stephanie W.
Tax and legal implications of 5+ units
I have a six unit under contract. It is my first 5+ property. I have two duplexes and four single families and manage them all myself.Are there different landlord/tenant laws that only kick in once 'commercial propert...
Ryan Pearson
Seller won't hand over property vacant, Red Flags?
I just went under contract on a row home property in Philadelphia. It's a 3 bedroom 1 bath SFH with current tenants paying on a month to month lease. Seller is requesting cash offers only and 30 days or sooner on cl...
Leigh C
Title company won't record deed
Several files closed with the same title company and they apparently have an issue with the mortgage on the property not being to the county's standards. The county kicked back the mortgage and deed and haven't recor...
Logan M.
Eviction Notice the week before Christmas
This year I have felt extra Grinch-like.The problem is that I created payment plans with two tenants who have flat-out lied to me and based on our procedures we begin the eviction process.Should I have waited until af...
Justin Goodin
By 12/31/21 I want to have ____.
How are you going to finish out this year strong? Are you on track to accomplish your goals you set earlier this year?