John Romero
Forcing tenants to pay rent online
I was thinking of writing into my lease that tenants are required to pay rent through an online rent collection website. Can I legally require new tenants to pay rent online and that no checks/cash will be accepted?
Karen F.
Class C landlords - better build up some cash reserves
To any LLs who rent to people who are working class but pay their own, unsubsidized rent: be advised that you should build up some cash reserves. New England Journal of Medicine just published a case report of the di...
Sam Leon
Tenant Estoppel Letters getting more complicated?
In the past when I purchased properties with existing tenants all they do is to sign a simple estoppel letter basically acknowledging the lease terms, the security deposits, advanced rents etc...My attorney has alread...
Varinder Kumar
City finally adopted ADU laws, time to get to work. Need advise
My city has finally drafted out their laws for building adus in accordance with CA law. I am looking to build a 300sqft ADU for Airbnb purposes. Luckily my street with wide enough so i do not need to have a dedicated ...
Christopher McGuire
What type of financing is this called? Is it legal?
I'm not sure the technical words to do what I want to do but I'm hoping you guys can shed the light (as always).I want to sell some of my rentals through some kind of owner financing or a rent to own type deal.What is...
Shawn S.
Tenant not responsive and unsure what to do
In case you didn't read my profile a short understanding of us. We have been renting for 8 years and we have been learning this as we go. We have recently started using Bigger Pockets which has been a HUGE help so t...
Alex Cotter
Newbie Question: Best strategy to sell this high end "tear down"
Hello,I am selling a property, that is a either a tear down or 100% renovation in a high end neighborhood. Here are the general stats: - Land Value: $1.3M - Property value: $250k - SQ Footage: 3500 - General price per...
Angelo Wong
Las Vegas VRBO, AirBnB, Short Term Rental
Hi,This is going to be a long post.Before I ask the vague question "should I buy a property in Las Vegas for the purpose of short term rental?" on BiggerPockets I thought I might ask the owners themselves first. I di...
Tony C.
Bought REO with existing occupants who created fraudulent lease
Hi BP, I recently purchased a REO property in Georgia. The occupants who are currently living there I suspect are squatters. I've seen the house and it's a total mess. Police have frequented the property on many occas...
Nick Rutkowski
Mortgage and Rent Cancellation in New Bill
Hey BP, Congress is thinking about passing another stimulus check for the American people. There are two proposals, one outlines 2000/month for each individual and the other stops rent and mortgage cancellation for 1 ...