Steve S.
What type of locks do you use for external doors on your rentals?
Texas law has certain requirements, as I'd assume most all states do.Do you have any links to the type of locks you have used for the front door, back door and door leading to the garage?Do you typically pay someone t...
Corey Shields
Biggest Surprise?
Hello all. I'm a beginner who is almost feeling comfortable enough (educated/prepared) to take my first shot at a rehab. I would like to ask you all a question: think back to your first REI project. Although you proba...
James H.
New Investor question about tenants & paying rent on time.
Hi I purchased a triplex in a decent area with inherited tenants. I closed a few days ago and I went to the property to hand out a welcome packet. This included a welcome letter stating all the normal stuff, I infor...
Tony Aliatim
Got my first deal out of the way, where do I go from here?
Hello Everyone,I am an investor based out of the suburbs of Detroit and am looking forward to networking and meeting people on Bigger Pockets :).A little backstory: I am an engineer by training but now have a well pay...
Rosalie Taran
Over $500,000 equity in personal home-unsure how to proceed
I am really struggling with this decision. I own a home in Santa Clara, CA with over $500,000 equity. Maybe as much as 6-800,000 in equity. We will be moving to Idaho next summer. We have a daughter who will be start...
Howard R.
Syndications: How do you deal with the trust issue?
Hi. I am new to BP (former FatWallet member though!). I have been investing in RE for ~10 years and hold 5 properties. They have not been time-intensive, but I'm always interested in smart financial options. The G...
Amy Canfield
"STR Favorite Things" - Pretend you're Oprah
We're closing on our first STR next month (yeah!) and need to get the property set up for renters. Please tell me about some of your favorite STR furnishings/kitchen items/bedding/towels/security gadgets/etc. Put on ...
Chris R.
Feedback regarding delinquent tenant
Hello!
I have a tenant currently in the eviction process and I was hoping to get some feedback/advice/suggestions for dealing with the recent events. Here it is:
- October rent never paid.
- 7 day delivered on 10/6...
Tiffany Drahonovsky
Tenants trying to claim COVID reasons for not paying
Hello folks-
I'm seeing a lot of comments on social media about tenants not paying to moratorium on evictions, and I've seen a lot of landlords "forgive" a month. How is this reasonable? I have a mortgage on that pr...
Francis Dai
Questions on Subject to Financing Details
Some questions for people who've done deals subject to existing financing.
1. Is there any paperwork involved in taking over the owner's payments? Do you just send in payments with their account # ?
2. I heard that...