Derrick Shannonhouse
Actions to take when tenant breaks a lease
A tenant of mine recently broke their lease. They still have 6 months remaining on the lease. The home was left in good condition, but I'm anticipating they may not continue to pay the rent while I work to get a new...
Robert Wilson
Got It Under Contract--NOW WHAT??
So........ I just got my first property under contract. Now what do I do? Can someone please give me the last steps in this process.Thanks in advance
Giovanni Garcia
First Deal, Good or Bad?
Hey Biggerpockets!
I am looking to buy my first investment property; it’s a 3 unit building. I’ve made some steps as to show what my cash flow and other aspects of the property entails using my Cash Flow Analyzer.
...
Ian Forde
Wholesaling in NYC (Brooklyn)
Hi everyone! I started a company in Brooklyn, NY in order to do wholesale deals on residential properties. After speaking to various lawyers, I was told that sellers will expect me to put anywhere from 5-10% down on a...
Stuart Bentley
Renting a house while PCS'ing to a different duty station
Hello all. I just joined the site today. Perhaps this question has already been posted before but here we go....I bought a house (off base) over 2 years ago when I PCS'd to Ft. Jackson, S.C. When I PCS to my next duty...
Ann Anderson
Urgent! Help me back out a contract!
I have put myself in a bad situation. I will need your advise, especially from the legal side. I will talk to real estate lawyers as well but that will be Monday.
I am under contract with one house in Georgia. Here ...
Burt L.
How to Cancel Lease Before Tenants Occupy - True Colors Shown
Appeal to BP Nation- I have erred in accepting tenants and seek to cancel a lease before the tenants occupy. I went through my usual screening process which has treated me well for decades and it looks like I missed s...
Aliz Raksi
Can I reject a prospective tenant because they're annoying?
I'm starting to receive applications for a unit I have for rent. As a full-time working single mom, I don't respond to texts, calls or emails right away and try to block out time once or twice a week to respond to ev...
Brent Baumann
Am I calculating this correctly? TAXES
I have an appointment to meet with a CPA on Monday, and am researching everything now to test his knowledge in real estate planning. (any specific questions to ask would be helpful)I looked at all of the different ta...
Jerry Going
50% Rule?
Hello everyone!So I am brand new, and basically have no idea what I'm doing. So, I decided to at least start with the free course bigger pockets offers. Love it , so far! However, I do not understand the 50% rule. May...