George H.
Need a PM in Cleveland (Shaker Heights) Am I asking too much?
My situation is that I am due to close on a property mid June and I am still looking for a PM.Since I deployed overseas, I need someone to take care of things until my return in November. I wrote to a few yesterday. T...
Rich Weese
math question on return
I'm normally good with #'s, but don't know how to calculate this one. Help an old fart out, college grads...
I have a subdivision where I've built a few homes in SO TX. I was approached by an individual that bought a...
T. Alan Ceshker
Wraps and due on sale clause
I want to start a discussion re the due on sale clauseWe are seeing more issues re lenders calling notes due. Some because of mistakes with insurance. But, some due to lenders looking.One lender/servicer is HomeLoan...
Sandy G.
Non-paying Holdover Tenants
We have tenants that signed a renewal notice back in October agreeing to a rent increase and continue their tenancy. Current rental agreement was set to terminate on November 30. New rental agreement was prepared an...
Account Closed
Tenant threatening legal action over security deposit
Hi Bigger Pockets -- I have a situation I'm not sure how to deal with, am hoping for your help. For context, I am a new investor who is househacking my first property; at this time I do not have a lawyer, and the hous...
Thomas S.
Landlords and Tenants Lawyers
To begin I will say that if you operate in a State that requires that Landlords always be represented by a Lawyer none of my experiences or practices may apply. In our jurisdiction Landlords are not required to have l...
Joseph Weisenbloom
Whats the strangest thing an underwriter has requestedof you?
As real estate investors we fight the constant battle of getting approved for funding. Collecting paystubs and W2s seem pretty reasonable but then there are other requests that leave you scratching your head.My recent...
Mark Maire
Wholesale Process
Am I missing any steps?
1. Find a motivated seller, with deal potential.
2. Determine ARV and REHAB COSTS at meeting.
e.g. ARV: $150,000 REHAB: $25,000
3. Negotiate a deal.
$150,000 x .7= 105,000 - $25000...
TJ Thompson
Partnering on a flip
I'm planning to partner with a local REI on a home flip. As we've worked it out so far, here's how it stands t play out:
1. She found the house, presented the comps, and proposed the repairs which I've agreed to.
2....
Bryan Creed
Tenants have submitted 13 service requests in 6 weeks
Hey ladies and gents, I recently move from my old home and decided to rent it out to pay down the mortgage. My wife was a real estate agent so we used her old firm. I spend close to $6500 before signing an agreement...