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Good evening BiggerPockets family, My partner and I have spent the last month or so building a team out of state (Missouri). One part of our team we have not lined up yet is a general contractor. I was wondering if an...
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I am officially in the process of collecting rent for the first time ever. I have collected rent from one unit in the form of a money order and a second in cash. What is everyone's strategy to collecting rent in cash...
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Hi BP community,
I am considering using a HELOC for a 50k down payment on a four-plex. The discounted off market price is 330k with the estimated fair market value at 390k. The mortgage broker has assured me some b...
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Every time I read about the strategy of assuming a non-assumable mortgage alarms go off in my head. I have read the whole philosophy that banks would rather have a paying customer than foreclose. And this little vo...
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A Florida tenant has been one of those nightmare tenants. I acquired the unit with them in it, but I asked them to move right away, and they asked if they could stay one more month, this went on for 8 months. I needed...
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I'm in the process of turning over my property and have my top 3 applicants whom all meet the qualifications. My number 1 applicant is a couple with caged rats as pets. My number 2 is a couple with 2 large dogs (over ...
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I've been of the mindset not to waste my time chasing pennies from tenants that move out leaving minor problems but in the past year I've had 2 tenants that have moved out & broke lease early that have cost us $5k...
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Hi great investors, which are the best locks for Airbnb properties?
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I had some break-ins in my apartment complex so I installed 8 cameras around the apartment complex. None of the tenants objected before the video equipment was installed.But after the installation one of them didn't l...