Fellow Landlords,My tenants are trying to back out of the lease 2 days before they move in. Any advice would be great. Here's the background:I have a 1973 SFH in Wichita Falls, TX. 4/2, 2143 sq ft on a corner lot. I a...
Hi BP
We have bought an investment property update Ny. This is our firsts major rehab job and trying to follow some of the BP ethos when working with contractors is proving harder than expected. This is the current q...
Whoop! Whoop! YOU bought your very first property for $200,000! You got your rehab budget of $50,000. And after checking the comps you're 'positive' that your ARV is $300,000... After about two months worth of rehab, ...
I close in 5 days on a 1927 beauty in Toledo, Ohio. REO will cost me $99k and ARV is $195k. 2300 SF, 3/2.5, 2 car attached garage.Previous owner installed PEX plumbing but didn't pull any permits. I'm nervous about...
Hello all,My investor wants to know if he can do seller financing on the property for sale. He would like to speak with the seller about this. I have been back and forth between the two about a good time to speak. Sho...
Hi BiggerPockets Community,While this isn't my first post on the site, this is my member introduction. I'm a 21 year old resident of Orlando, native to South Florida (Martin County). I am a Finance student at UCF wi...
So I am in the process of evicting a problem tenant. Lease expired and I don't want to renew, and he owes rent. Served him with a 3-day Pay-or-Quit. Sent petition to court and am now awaiting a hearing date. Today...
I have been presented with my first deal from a trusted source to be a private investor. The primary investor plans to buy several houses in an up and coming market - Buy, Rehab, Rent, Repeat - buy more - etc for thre...
New tenant move in to a 1970's apartment which has the lovely popcorn ceilings. Two weeks after moving in she is freaking out and wanting to know if there is asbestos in the ceiling. I emailed that although that unit ...
I am house hacking a duplex MTR in North Austin, this is the numbers for my deal.
Purchase Price: 435k in November 2020Down Payment: 15%Rehab: ~$60kPITI: $2,250Current rent for the other unit: $2,650Future rent for m...