Adam K.
Previous Property Manager requesting payment on unauthorized repairs
Split with my PM in the spring over their poor management (not paying utility bills) and not gaining my approval for repairs over $300 like the contract stated. One unit in particular accrued nearly $10K of repairs, a...
Kenneth E.
Letter to Private Mortgage Lenders? Thoughts?
Hey guys,
I have come across a couple lists of high net worth people who have been lenders on private mortgages in the local county and I am considering sending them a letter seeking REI loans. I have read all the p...
Rachel Zhang
need a payoff from property purchased at trustee sale
Hello, We bought a property in CA at a trustee sale with an existing senior lien under the previous owner's name. Now my title company and are having difficulty in obtaining payoff amount. By standard, the serve compa...
Troy Durrette
Seller does not know if he has a mortgage on property.
Seller has a property he is trying to sell and does not know IF there is a morgage on the property. His son owns it but unable to talk. Dad has power of attorney to do EVERYTHING on the sons behalf, but not sure of AN...
Patrick McGrath
Corona Virus Relief bill - No evictions for a year!
New Bill past 10/1 states no evictions or foreclosures for 1 year for non payment as of date of bill.Thoughts?https://www.bloomberg.com/news/articles/2020-10-03/house-coronavirus-relief-bill-would-ban-evictions
Dax Gurr
Ideas for Automatic Rent collection
We were very happy with the automated rent payment system from Erentpayment.com, however, after they the issues in November when they lost rent payments we are looking at other options. What other services are out th...
Ryan L.
Do you guys use BP Smart Move for tenant screening?
Hey guys,
Do you use biggerpockets.smartmove.com for your tenant screening? If so, how do you like it compared to others? If not, why not and who do you use? I used it for my prop and it seemed to work really well. W...
Rachel Stopka
Crazy Contractor and now threats daily
I unfortunately hired a contractor for a house I just started rehabbing and he sounded really good! He came in with all sorts of experience ace telling me how great his work is. The project started and from day one...
Deanna S.
Property Ins. in Cleveland area does not cover burst pipes?
Hi, BP. We were just told by an insurance agent yesterday that property insurance for rentals does not cover burst pipes due to freezing in Cleveland area. Would appreciate input on that. That was new to us. Than...
David Slovak
Condemned property = Flip ?
I have been driving by a house located not far from my current residence. I stopped by to see the notice on the boarded up garage which was from the city and deemed the property "condemned." I am not sure who owns the...