For single family residential. I've seen FHA purchases with periods of just 30 days. So is there any good reason to ever go longer than that? I would preferably always like to close as fast as possible. Is there any r...
I am looking to get started with the purchase of my first investment property. I expect to start out flipping and hope to gain some rentals along the way. I keep coming across Fannie Mae Homepath properties. Can an...
I’m curious what you find to be the most important things to do when ‘training’ your tenant. It could range from calling during certain times of the day (except for emergencies) to paying their bill online direct depo...
I closed my first deal this month on a 4-plex that came with tenants. Two are both SSI only and the first small issue comes from them.
The lease, from previous owner, says pay on the 1st or pay a late fee, however th...
Hi there,Newbie here. I am not an investor, I am looking to buy a REO property as owner occupied. This property is listed for 300K. I showed it to a contractor, there is roughly 100K required in repairs. Once repaired...
This is more of a vent than anything.
So the first month with a new tenant has come around and I still have no rent payment. We set it so it was due on the 5th and late by the 10th; The renter wanted to pay r...
Hey Bigger Pockets, new landlord-to-be here.We close on a new personal residence in March and will be keeping our current home as a rental. We will be doing some rehab work to our current home such as replacing some o...
There are two different ways a house can reach an auction: either the home has gone into the foreclosure process, or the owner did not pay property taxes. The starting bid on the home can be the remaining balance on t...
Hey Investors,
Do you buy home warranty for your rental ?
For example:
I thought this can be a good way to avoid big repair cost for old homes.
Thanks,
Orhi
I'm a landlord in Florida and my tenants recently moved out. I was charging them 1000 a month which comes out to about 33 dollars a day. The cats urinated all over the master closet laminate floors which are brand new...