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Hey Bigger Pockets Community - I am putting in a cash offer on my third duplex (very exciting) but there is definitely a unique twist. The previous owner rented to an tenant that passed away TWO YEARS ago. The owner n...
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Here is my problem. I own a duplex and it shares a driveway with the house next door. That’s not a problem, but the duplex behind mine, seems to think they can use my drive too. They use the back entrance of their a...
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My parents have a property in Las Vegas that they are renting out and the property manager recently found a tenant and has a lease agreement signed. We asked for the tenant’s information such as their credit score, ba...
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Hello Everyone!I’m closing on a 4 unit in Little Village next week. I have rentals in Cicero and always charge security deposits. However I’m leery to do so in Chicago. It seems too risky with the current laws. I’m d...
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Greetings colleagues,Last year, I created an LLC in Austin, Texas. I never really got anything off the ground there with it, because I had a bunch of "fires" to put out personally and professionally. Fast forward one ...
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Hello BP!My business partners @Travis Limbocker @Courtney Limbocker and I have found a 6 unit in San Jose that is in need of significant repair. Here's the deal:Sale Price - $1,272,000 - 0% interest for one year. 6% i...
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Hey All!My wife and I became RE investors last June when we bought a 4-unit that we are house hacking. Since then I’ve been hunting for more deals like a mad man and educating myself through books, BP, and meetups. ...
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Hello All,I have a current tenant who changed the dead-bolt lock without my permission. I found this out last weekend when cleaning out an extra storage area in the (condo) basement.I am planning to sell the place an...
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Hello everyone,I looked at a 2700 sq. ft. property today and I need some advice on utilities. I'm trying to break down expenses to get an idea of cash flow every month. Currently the building is vacant. It has 8 units...
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First time poster here:I have operated a consulting business for many years and recognize the need for contracts, 1099s, etc when hiring subs. However I recently becam a landlord and we need an Air Conditioner install...