Ronda Bogdanovic
What are your rights when a lease is with property management co?
We recently listed for sale an investment property with 3 units cash flowing $2700 a month. All three tenants were 6 months into a 1 year lease. When we notified the management company of the impending listing we had ...
Eric Knittel
Private money between friends
Hi everyone,I am interested in borrowing money from friends and family to buy more real estate. I have used hard money in the past and I am trying to see if I can eliminate some of the costs associated with the HM len...
Sib Bahjat
TENANT ISSUES/HEADACHES
Hello BP family, I hope this note finds everyone well. I have been a landlord (residential property) for over 5 years and I have been lucky with securing good tenants over the years. The only challenge I have had w...
Logan J.
Close to Pulling Trigger on First Owner Occupied Rental Property
As the title says, I’m roughly a few days from coming for an agreement on a single family home I am purchasing. I’m posting here because I am getting cold feet and wanted to see what the community here at biggerpocket...
Just Don
drywall install over extruded foam on basement walls
was going to glue 2" pink foam on bottom 24" of exterior block basement walls,,, then have electrician run conduit on top of that horizontally for outlets. Then foam on up to top of wall and rim joist area gets littl...
Steve S.
Early Termination of Lease - What does your lease charge?
In general, what is standard operating procedure for terminating a lease early?I've seen it where 60 days notice is required, tenant pays full amount for the month they terminate in and forfeits their deposit. HERE's ...
Jennifer Wilson
Applicant A vs. Applicant B
Hello everyone!My husband and I are looking to rent our house and will be managing it on our own. We have multiple rentals, but have always had a management company, so I am somewhat familiar with the process, but als...
Darren Sager
What would the value of a Cell tower be?
I have a client who has a piece of property that has a 99 year triple net lease and generates currently $20K a year. Amount of income can go up based upon more cell carriers using the cell tower. Still, this is ...
Andrew S.
Painting Pressure Treated Wood
One of my properties has a brick patio with treated wood guard rails. The red brick color and the treated wood don't make a really nice color combination, and I'm thinking about painting the wood. Now, I have certai...
Tiffany Thompson-damm
every applicant wants to turn my house into a grow house
Hello friends, we have had a house 45 min from where we live listed for rent for a few weeks now we are getting lots of emails and traffic; 7 acres, ranch property, irrigation is paid, cute home. The constant is that ...