Amy Greenwood
Damage agreement for STR
I use direct booking for my short-term rental, but also several channels like Airbnb. With direct booking we have a security deposit that places is a hold on the guest credit card until after they leave. However, with...
Mike R.
tenant lying about pet
hi,we have a tenant that is lying about having a pet(s) and not sure how to proceed given we haven't actually seen the animal(s). We know there is at least a dog and possibly a cat because a few months after she move...
Ricky Beliveau
Contract Advise
I am a real estate investor/developer based in Boston MA. I am bringing on investors for the first time for my next project and I am wondering if anyone has advise/examples of what a contract should include for an inv...
James W.
Personal loans from friends, returned with interest... how to do?
Howdy BP!I'm currently looking at a property about $1,000,000 that I see as about a 12CAP... slightly lower than my average, but a solid property (24 units, only 1 empty, not a fixer-upper).I mentioned to a few people...
Sean McKee
Cook County Eviction
Hello BP!So I have a tough decision to make on whether or not I want to evict a tenant. Background:Tenant is a single mom with 3 kids. She put down a 3 month security deposit. She has never been a good tenant. Has a s...
Laura Hunt
Is it worth it to long-distance BRRRR for 1 property?
We are currently living in Corpus Christi, TX, but will be moving to Dallas in 6 mo. If we bought a house here, our kid (plus 2 of her friends) would be the renters for a year or so, but then we'd need a property mana...
Scott Hickey
Getting a HELOC on a rental in canada
Hey we just got our first rental and doing the BRRR method we bought it for 242,000 paid down 20% so mortgage of 193,000. When it’s fixed up it should be worth 285,000ish. So in canada is it possible or a good idea to...
Jacob Gerber
Tenants leave windows open all day while gone
Hello Bigger Pockets!I have some new younger tenants who have been leaving their windows wide open while they are gone at work all day. They have even done this on a rainy day where it was predicted to rain all day (n...
Danny Sok
Separating Personal and Business
Hi guys, so I’m fully renting out my first multi family property and now I’m living in my second multi family property (house hacking). I have separate checking and saving from my personal life which comes from 9-5 da...
Drew Kunkel
Fixing things tenant broke.
How does everyone go about this. The property management company repairs a problem in a rental that the tenant caused (say broken window) and then sends you the invoice for repairs. Do you pay the invoice and wait for...