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We've had a reliable renter for almost 2 years. She just renewed a 1 year lease last month on May 1st. She is now saying she is being relocated for a promotion at work (not sure if this is an excuse to get out of th...
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Hello All,I am new to the Bigger Pockets forums but have been listening to the podcasts for several months now. Although I certainly get a TON of value from the platform already, I found that more sophisticated, nuanc...
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I am curious of property management and their fees. Anywhere from 5%-10% of monthly rent? Lawn or snow maintance is just charged to the owner or is included in the above %. Then come tenant screening time, is there a ...
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I love maxing out our tax-advantaged accounts (my 401k at work and Roth IRAs for my wife and myself). Usually we have a few thousand dollars each year to invest after we max out these accounts (and it usually just go...
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I just received a text from one of my tenants and I need to know how to respond!She said, “Any chance you have someone wanting to rent? I wish I taken the 6 mo instead of 18. Things change so much. I’m starting a new ...
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Hi guys,I’m pretty new to the community and I am so glad to have found this place for suggestions and feedback. Here is our situation: $600,000 cash on hand from inheritanceDesired return of 8-10%Live in Greater Bosto...
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Alright BP and @Henry Clark. I could use some advice on how to lock this property down. I'll do my best to keep this succinct, but there are some topics that may need further explanation. Here's the scenario:
Motivat...
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I'm very new to the real estate scene, I turned 17 about 3 weeks ago but want to get my first property very shortly after 18 maybe even 17 if possible. Considering I don't plan on going to college after high school to...
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Hello out there BP, I am trying to decide whether or not I have a case against my property management company. I've been reading some of the forum posts here on the subject of civil lawsuits against PM's and what I've...
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Once you own 100 properties, how do you effectively hire a manager? How do you screen management companies? How do you find a manager to do AirBnB's if you own 50 of them?