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I have a long term tenant, who is paying $500 for a 2 BR, 1 Bath apartment unit. Current market rent is $950 per Rentometer.
I don't have an lease agreement with the tenant which was expired long time back.
Please ...
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The situation:We very recently purchased a property based on a home inspection that was currently occupied by a tenant. Turns out there was a LOT of hidden damage. From what I understand, there is little we can do bec...
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Wanted to share a recent no win situation. Have a borrower in BK and we filed post petition fees for proof of claim and a plan objection (since they originally did not include property in BK). Now the defense counsel ...
First let me share that the lease on this home states the tenant will be responsible for small repairs less that $50 even if it is due to normal wear and tear. We have a new tenant that has been here for about 6 month...
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Hello BiggerPockets family!I just officially finished my first year as a real estate investor and I wanted to share a summary of what I did, what I experienced, and the lessons I learned. I hope this will be helpful f...
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We are currently preparing a large, 3,300+ sq ft home as an AirBNB just outside of Nashville. We live out of the area, and will be managing the property remotely (we currently own and manage several SRT's in our local...
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Hi all, I'd like to see your advice on my very weird situation with my ex-property manager in Chicago- Get Cashflow Today. They just sent my account to collection agency, asking me to pay the bounced check happened in...
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I am highly considering buying a property in Arizona due to significantly lower prices than my current market (San Diego). I am interested in the Scottsdale area and have also heard great things about Chandler & T...
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Hello BP, I'm a new investor here looking for your advice.Ive just recently started the purchase process on not just one but two of my first investment properties! Two duplexes. The properties are 1 1/2 hours from me ...
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I found a property on Zillow and ran the asking price numbers through the BP calculators and came up with $439/month cash flow at 39% ROI. Both BP and Zillow agree on the rent estimate and it doesn't seem out of line ...