Kar Sun
Tenant damage and ordinary wear and tear
My tenant signed a contact that clearly states that when he moves out the property must be in the same or better condition as at the time he moved in normal wear and tear excepted.
He mounted a TV and when the mount...
Brandon Turner
What's Your Best Landlord "Hack" ?
People love "life hacks." A life hack is a simple strategy/process/tool/trick for improving your life in an unconventional way. For example: So... I am writing a post about "Landord Hacks" - it's the little things tha...
Sean Bramble
Have any of you lived through a full STR market cycle?
Were any of you investing in STRs back in '07/'08/'09? I'm trying to understand how much (%) revenues drop in a down market so that I can factor this into my underwriting. Seems like most of us on here are relatively ...
Kelly Sennholz
Where will Californians Live??
A recent post on BiggerPockets indicated the imposition of a new $500 per day fine in California for using potable water for ANYTHING but regular in-house use. No one at all commented on this. This is a serious statem...
Wayne Yates
Serious question - Rent, or live in an RV?
I knew that title would grab your attention.I'm 24. I'm single and not looking for anything until I have enough passive income from real estate rentals to leave my job. No pets, literally just me.I'm a contractor. Wor...
Jonathon Nila
I do not care if you did 1 Deal or 100 Deals I need your Advice!
What’s up BP Community of Friends! As always thank you In advance for the feedback, you have no idea! Okay where should I start? So I need your upmost honest opinions about my current dilemma. I was recently approved ...
Mark Smith
Self Managing
I am brand new to real estate investing (I don't even have a property yet!). I would really like to self manage to save money, and I think I have the ability to. My father and I can take care of plumbing and electri...
Jordon Nichols
How long do lenders typically honor a Pre-Qualification?
Hello everyone! My question is pretty simple and straight forward. How long do lenders typically honor a Pre-qualification? I plan on using either an FHA or a VA loan when I get home from overseas in about 2 months to...
Lloyd Segal
Economic Update (Sept 28 - Oct 3, 2020)
Economic Update
(Yom Kippur Edition)
The second quarter of 2020 (April, May & June) was the mother of all economic contractions. Real GDP shrank at a 31.7% annual rate, the largest drop for any quarter since ...
Marcus Johnson
Murder inclusion in Minneapolis
So this is directly from the City of Minneapolis website where the Renter Protection Ordinance was passed unanimously by the City Council and will go into effect June 2020. Please read, because apparently as a Landlo...