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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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The management office sent this message to me:"The tenant is very nice person and she is trying to get caught up on the rent. Right now she owe $3,930 in past due rent. She calls every week and says she is sending a...
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This is an example of why you need reserves before buying a rental property. On Sept. 3rd, a drunk driver plowed through my single-family rental in Independence, MO. The link to the news clip is below. The news got...
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New to biggerpockets. I am working with a neighbor friend who is lending 2/3 of the money to purchase my first property with cash. I plan on living in this single family home for 4-6 years then selling or possibly ...
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Hello all,This is my first post on BP. I am getting ready to go hunting for my first wholesale deal here in eastern Pennsylvania. After doing much research, I've been hearing time and again that (besides having a real...
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First time landlords here. We are just beginning the tenant screening process. What are some key questions to ask tenant references? Categories include: personal references, employers, and landlords?Also welcoming any...
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Hello all,
I am in the midst of getting my REI career started and I have about a handfull of friends who are interested in investing. I was first thinkiing of starting a company and then have them loan the company m...
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Hello All, over the past several months I have become increasingly interested in Real Estate investing and sales. I finally went ahead and got my license back in August. I've been on the hunt for my first multi-family...
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Hi all, I have been looking to invest in the Orlando market and its surrounding areas for awhile (open to other areas). I am looking for cashflow investments now, not really for appreciation. Which areas should I be l...
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I am wondering if someone simply deeds their multi unit building over to me what will the bank do? Will they call the loan due ( I know they can but will they)? What if the seller simply adds me to the deed and the...