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Hey guys,
Any of you ever bought a property before and experience buyer's remorse shortly afterwards? If so, how did you deal with it?
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It's leaking whenever the water is turned on and I have a pic below to illustrate the leak. I'm wondering if there is any type of bonding cement/sealant I could use to patch the leak as opposed to having to replacing ...
We are planning to invest in our first rental property in a couple months and I would like some advice about LLCs. Do we need an LLC for rental properties? Do we buy properties through an LLC? Do we open an LLC after ...
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Hi All, I always delete the applicants files and personal info after I have denied the application. Would it come back and haunt me one day if someone files a complaint claiming that I unfairly reject his/her applica...
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I am just starting my search for my first tenants of my second rental property. My first property has been rented by family and has been a breeze. I am now moving onto a property that family won’t be living in. The to...
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One of my concerns with buying a rental property is not finding tenants (or worse, finding bad tenants). Is this a real concern? How do you mitigate it?Where do you get the money to pay for the mortgage for those mont...
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Hi all,
I'm scheduled to close in Nov on a 2-family. The inspection revealed some legitimate concerns about the foundation of the house. I was aware some of the stone and brick needed re-pointing when I put in my ...
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Hello all! I am a newbie investor (1 property as of now, but I am looking to expand that currently). I have been diving in to reading materials and podcasts as much as possible, and have come across Pace Morby and the...
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Hi all! I have an opportunity to jump into a turn key triplex in a nice part of town in a high appreciation market (St Pete FL!). This property should cashflow anywhere from $200-800 (net) depending on what I can rent...
This is the original post.
http://www.biggerpockets.com/forums/81/topics/129264-does-insurance-pay-for-legal-help
Right now I have a lawyer and so does my tenant. Her lawyer wanted me to try to get mon...