We had our offer accepted on our first rental property and after looking up the current tenants, we've got a convicted, registered sexually violent predator against children in this triplex. Repeat offender. Anyone de...
Good morning Bigger Pockets family,I wanted to ask a question on what should I do with this one specific tenant. This tenant is a mother of 4 that works 2.5 jobs, home schools, and takes care of her family by herself....
Hi all. I am wondering what my liability is when someone fell down my roof. Recently it was raining hard. Tenant called me, and I asked another tenant who had repaired roofs for me before. He has no license. He then t...
I was reading about and researching this over and over again, books, IRS pubs, here, elsewhere. I cannot get a conclusive answer even in forums with seasoned CPAs debating this topic.
That much is clear:
- If you hav...
Our NIGHTMARE tenants finally moved out. They owed us over $15,000 in back rent and fees and then filed bankruptcy. (This is the 3rd time they've done this... one major reason we fired our Property Manager. Seriously,...
I sat down with Ryan Smith to ask him the questions we are asking all our Flip Hacking Live speakers this year ‘What is Working in the Market Now? What Will Work Next?’
Ryan Smith owns a company that does marketing f...
I'm considering lowering my rents for the next 2-3 months only because of the strain that COVID-19 is causing. I am able to drop my rents considerably and still make the PITI payments. My number one goal in doing this...
I have a tenant whom broke her lease and wants her deposit back. She is claiming her husband whom did not live with her, and was not on the lease, received orders to go over seas. She has decided to accompanying h...
Vikram C. posted in another thread about how many politicians -- due to their stature and position -- believe they are above the law.
This comment reminded me of a great (though disturbing) set of...
I have been reading the posts about working with contractors and would like some additional information on:- What are some key questions to ask a contractor you are considering for your project?- What red flags do you...