Nat C.
Roach infested unit with no window
My friend is currently staying with me because her unit is unihabital, yet she's still paying mid full rent. We went to view the property around 10 Feb and the place was utterly trashed as the previous tenant had just...
Wendy Carpenter
Mini Storage Insurance
All of you who own mini storage properties, who do you use for your insurance? I’m under contract on my first storage property, so I’m trying to get everything lined up. I just had my first quote at about quadruple wh...
Blue Presley
Should I overpay for a property I can't resell but gets 13% ROI?
I wanted to get some advice on the following opportunity.I have an opportunity to purchase a condo in a good location and whose complex overall has had a historical vacancy rate of about 5%.Single family homes in my a...
Zack Karp
The Truth About Lending: Part 2
Hello BP family,Thanks to those of you who took time to read my first topic, The Truth About Lending: Part 1, if not here’s a link to it. http://www.biggerpockets.com/forums/49/topics/210233-the-truth-about-lending-p...
Michael Fuoco
1 owner has majority of commercial condo units, do I run?
Hi all - I have an opportunity to purchase one unit of an eight unit commercial condominium. I think it's a great deal. The bad news is that one person owns 5 of the 8 units, giving him majority votes. The building lo...
Awais Sheikh
Newbee from San Antonio
Hi Everyone!Im Awais, early 40s, total REI Newbee from San Antonio.I work 2+ jobs as an MD.Tired of being an expensive labor.Want my financial independence, so I can sit back and enjoy life a little, spend time with...
William C.
Tenant lease break, penalty & tax implications
We have a tenant that was signed to a lease through Feb. of 2023. They have decided to break that lease and pay out the remainder of the lease in a lump sum. In the state the property resides in, we have a duty to mit...
Roy Mitle
paying for broken appliances
I use the standard CA rental agreement - the only change I made was regarding appliances.In my lease it is written that tenant is responsible for maintaining all the appliances. However, if an appliance breaks downs ...
Rob Smith
Exit strategy for buy and hold
What do you do with your rental properties when the roof, AC, and other major component start failing on a long term 30 year loan, buy and hold real estate investing. I'm looking for exit strategy advice on this scena...
Account Closed
Sewer Line Repair
What have your experiences been with old sewer lines? When have you decided it is definitely necessary to replace them? I have a unit that was really backed up and likely hadn't been serviced for years and years. A...