Michael West
Inheriting a Delinquent Tenant
Hi everyone, I'm looking for a bit of advice regarding this matter. I have just closed on the purchase of a duplex with both units occupied. The two tenants are related to each other. During the purchase process, one ...
Alan Bostick
STR Condo at popular beach locations
What are the pros and cons to STR condos? Should investors generally shy away from condos doing STR method? I personally feel they would be less desirable but I don’t know if that is my personal bias getting in the wa...
Raymond Kalonji
Name on Mortgage but Deed in LLC for liability Protection
Hello,
I'm moving out of my primary residence on which I have a residential mortgage in my name to another house that will become my new primary. I plan to rent my current house, so I asked the bank if I can put it...
Simon Smith
Sunny Isle Condo - Help Needed
Hi All,Currently living in NYC, looking to purchase a beach front condo in sunny isle. Looking to use it as a getaway from the city, maybe spend 2-3 weeks every 2 months there. Ideally would like to SRT when i'm not t...
Rick Albert
Section 8 Experiences: Who wants to chat over coffee?
Hello!I wanted to get people's personal insight into Section 8 in the St. Louis area. It would be virtual but happy to buy a cup of coffee for your time.This must be someone who has personally dealt with Section 8.Tha...
Mark Updegraff
Management Company, your input requested on accounting practices
Hi All, I recently formed my Management company to separate the liability from the properties themselves. I just want to throw this by you to make sure I'm doing it right. After all, I don't want to end up having t...
Account Closed
Property Manager provided misinformation about break lease policy
I currently reside in Atlanta, GA. I recently accepted a job offer in Los Angeles and as a result I need to break my lease. I officially start my new job 3 weeks from tomorrow.
A new property management company took...
Tone Church
Deceased tenant in unit
Yesterday I received a call letting me know that my tenant was found deceased in one of my units yesterday morning. They lived alone. I spoke with a family member who said they are waiting on the examiners report and ...
Corey Reuter
Previous owners' tenant died, left lots of personal property
Hey Bigger Pockets Community - I am putting in a cash offer on my third duplex (very exciting) but there is definitely a unique twist. The previous owner rented to an tenant that passed away TWO YEARS ago. The owner n...
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Flipping listed property???
I had a wholesaler come to me with a deal that looked like it needed work, but the price he locked in was too high (after figuring costs).
He brought the deal to another investor who wanted to just buy and flip it.
...