Ricky Stafford
Hypothetical - tenant signs lease but never pays
What if tenant signs lease, the lease says first month’s rent is due at signing, and tenant ends up paying at the last minute, or does not pay at all?
Let’s say the wording on the lease says “First month’s Monthly Re...
Jeremy M.
Police Report Filed Against Me
So I was looking to purchase a 15k short sale deal and I contacted the listing agent to get more info. The house was on a lock box so she told me"make an appointment and go in and take a look around." So I did exactly...
Phillip Garcia
Probate mess, need advice please
I’m really in need of some advice here if anyone is familiar or knows what the best approach would be to this situation.
A little background: IN WASHINGTON my grandmother recently passed away obviously leaving her es...
Will Barksdale
Decisions: $190k or $3.3M property
Hello BiggerPockets, long time reader, first time posting-at least in a long time.
I have the opportunity to purchase a couple of multifamily properties that are in the same North Texas Town, but are very dif...
Troy Zsofka
Volunteering to be the Bad Guy? - A Moral Inquiry on Note Buying
I must say that I find the idea of purchasing Non-Performing Notes to be somewhat fascinating. With a degree in economics and a stint in commercial finance, the complexities of the moving parts attract my mind's inter...
Maria G.
Selecting candidates in stages, inform only at the very end?
Hello,My current tenants are leaving at the end of the month and have put the property on the rental market. I don't want to disturb the current tenants with just curious viewers, so I have informed everyone intereste...
Luke G.
2-years since I started in Real Estate- 43 Units
I'm not necessarily a new member, and I've debated back and forth on doing this for the last month, but I think this post could help others get started. A little background about myself, I live in a small town in nor...
Marc Webster
I have $725k in equity. Whats the best way to Invest/Leverage?
Hi everyone. We currently have 2 rental homes and both are completely paid for. The rental houses have a combined equity of $725k. Also have $100k in equity in the house I live in. The 2 rental houses bring in $1900 a...
Anthony Martin
Prospect is asking about a lease option
hiya BP.So I've been scouring the forums for lease option information. I have two properties currently and am n the process of finding new tenants as they are both vacant. I had someone email me about doing a lease w...
Van Tran
Renter with low credit score
Hi BP pros,
Is it ok to let a renter rent my house if her credit score is 501? I am new and starting my first rental property. Your response is much appreciated.
Sincerely,
Van