Alex M.
Bank account for rental properties
So I am about to collect my first month's (plus last and security) rent on my first property - rental application in, background checks complete, initial deposit provided in the form of a check... but I don't have a b...
Monica Boyles
Can you assume 1st mortgage if buying property at auction (in California)?
Hi all. I've been looking at properties going to auction. Typically it's the lender of the first mortgage that is foreclosing. But occasionally I'll see a property where the it's the lender related to a second mortgag...
Vince Greenland
security deposit criminal complaint
I just received a judicial complaint regarding returning a security deposit. subject lease was until October 31 , 2013. tenant sent me a text on 9/12/13 that she was moving out the end of September, which is obviou...
Calvin Lin
Extremely high utility cost
Hi folks,I have a sticky situation at one of my condo rentals in Raleigh, NC. It is a 4 BR unit where I pay the utilities. The renters are all students at the nearby State U. The electricity cost is paid by me due ...
Ron Gallagher
Starting a "Group House" (Rent by the Room) Questions
Hi all,I am buying a massive 4 level row house in Washington DC and I will live in the basement apartment unit and rent out the six bedrooms available on the three upper floors. My questions are--1) Do you have the t...
Chris Kelly
Tenant smoking weed but can't prove it
Good Afternoon. I'm in vermont where it is legal to smoke weed. I have a clause that says you can't smoke anything in the building. There is constantly weed smell coming from this unit. Maybe I'm being too nice but I ...
Anthony Roach
Beginners Bubbles to avoid on first deal?
Hello Bigger Pockets,This is my first post on Bigger Pockets! I've been commenting and connecting here and there but decided I need to just jump in instead dipping my toe's one at a time.After listening to the podcast...
Lane Forhetz
Insane contractor that won't take payment or give lien waiver
Hello All,I am in need of some assistance in figuring out this absurd issue. I had a plumbing contractor do some work for me and paid him 50% for 50% completion. He continued the work another 25% and didn't do a good ...
Alyse Oz
Philadelphia License and Inspection
I purchased a 3 family home in Philadelphia under an LLC (I am the sole owner). The home was not in the best condition, but ok. I think someone lived there before I became owner. The previous owner apparently did n...
Edit B.
California Rent Control
Why is no-none talking about this? It will cap increases to 5% plus inflation and you can no longer evict at no fault after the lease is up. This is a big deal