Ryan Moore
Am I Doing This Right?
There is a property on Fannie's website in my area. List price of $39,900. Rents in the area comp out at $1000 median, so let's assume a low number of $900. Light fixer that doesn't look too bad, so figure $2K in pain...
Robert Steele
Raise rent or keep good tenant
I think I already know the answer to this but I just wanted to throw it out there to see what others think.
Assume you have a rental making $1400. Rents have increased over the past year and you could now rent it out...
Account Closed
A Risky Move
Hey,
I am writing in hopes to get advice on what some think is a risky choice. I feel it would be a good decision.
BACKROUND STORY:
I was driving around and had to pull aside to take a phone call. During the call, ...
Shaquetta Chittams
EMD Battle
My husband and I put a contract on a home. During our home inspection, we found there was moisture in the basement and potentially mold based on our inspector's radar. He also noted the patch work around the foundatio...
Dale Lotts
How do you automate your rental business?
I love automating my rental business. Here is a short list of what I have automated so far:1) Showing pre-screening: After getting some ideas from other Bigger Pockets users, I automated gathering information from pot...
Adriane Boggs
Vacation rental program
My partner and I have have been discussing multiple strategies to break into the industry. We are interested in purchasing a vacation rental and immediately participating in a rental program. We have enough capital...
Alex Tang
Fence the backyard or not
A tenant is asking me if I can install a fence in the backyard because his dog keeps running into the woods. It's a rather big backyard and the costs to fence off the unfenced portion is 2x the monthly rent. Wonderi...
Taylor Ballam
Favorite Background Check App
I'd love to hear what people are using for background checks & credit score apps or websites? Why do you like it & how much is it costing you?
Kenny Stone
Rental Agreement Cancellation Contract
Good morning!I have tenants that are wanting to move out before their lease is up. I have it stated in the contract that to have the lease agreement cancelled (prior to the agreed upon end date) there are two stipulat...
Christian I Presant
How do you keep track of payments with seller financing?
My brother and I are looking to purchase our first rental property. A house we are looking at is not listed as seller financing. However, we are hoping the seller would go for the idea of seller financing and we will ...