Hi there,My name is Kristy and I am putting my townhome in Davie, Fl up for rent this month. I have never had rental property before. When you collect rent money, is it better to have a separate bank account specifica...
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Ran across a referral this weekend and seller wants to get rid of the property. It's worth around 100-120k and she owes 82k, she is willing to let this go sub2. The monthly PITI is $641 and it could probably rent for ...
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Hello everyone, first post here.So I have a couple that no longer gets along and tenant 1 wants to move out. I said okay if tenant 2 gets a go-signer (did not qualify on their own). Tenant 2 found a co-signer who wi...
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I’m in the process of signing an offer letter for a home in the Lake Carolina area of Columbia, SC, listed at $399K. The house has been on the market for over 60 days, so we initially offered $375K. The seller counter...
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I am a property owner in Brazoria County Texas. I often have tenants who don't pay the last month's rent because they think the security deposit will cover what is owed. My question what is the best way to have outs...
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Hello All, I am looking to find out what other investors do for collecting rent and automating payment with tenants.
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Dear BP community, I recently bought and rehabbed my first rental, we left it in great shape and its ready to rent. The property is in a nice neighborhood and a good school district. But unfortunately, we are struggli...
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I have a prospective renter who wants a 6 months lease but is willing to pay $150 over my asking price and a full months pet deposit in addition to the full months security deposit.The problem is he has no credit scor...
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Hello BiggerPockets friends,I guess I need some help in understanding the benefit and strategic advantage of cashing out appreciation on a property and using it to buy another property.If I appraise a property, I am b...
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Every now and then, I'll receive a legitimate check in the mail with a warning that by endorsing it, I'll be agreeing to sign up for an insurance policy, a magazine subscription, or whatever else.
Anyone know about t...