Joe P.
"A year+ of progress...or maybe not." Deal Analysis after 1 Year
Thought this would be fun to expose some of the financials and situations of my current rental.I purchased a duplex in Gloucester City, NJ in July 2018; I've had it now for over a year.Here are the initial numbers:Pur...
Benjamin Fertich
Investing in a High Turnover Military Environment
Hi All,This is my first post to BP! I have lurked in the background of the forums for long enough and am finally ready to jump out and immerse myself in learning. Situation: I recently purchased a single family town ...
Travis Frenchak
Lease non-renewal tenant won't leave
I have a tenant who is a month to month tenant. She has not paid rent for two months and has cut off all communication with me so I have mailed her a non renewal notification. My question is what are my options to get...
Account Closed
Doctor's note for cats?!
Hey everyone... so I have a bit of a lease term question. I just bought this four-plex and it's my first local property. We're managing it ourselves. We've literally had possession for 4 days. Tenant #2 comes up with ...
Sarah Jones
Realtor Issues - How to not pay them.
I have a property that I want to buy directly from the owner subject to. The owner agrees to sell it to me for 400k subject to. I'm concern about the realtor. They have a realtor. If i buy it directly from the owner, ...
Brandon Holley
Court declares mandatory rental inspections unconstitutional
The Southern District of Ohio, in Columbus ruled that the City of Portsmouth Ohio’s occupational licensing requirements imposed rental property inspections and licensing fees upon the landlord, violating the Fourth Am...
Chris B.
Declaring service animals / emotional support animals prior to signing the lease
I've converted to being a pet friendly landlord. It seems over the past few years that 75% of the applicants have pets so it makes sense to do so. Conversion of flooring to accommodate this is expensive and I charge...
Marquis W.
Using bankruptcy strategically to aquire more real estate
I keep hearing about how the rich file bankruptcy not because they are in trouble but as a strategic way to build more wealth. For example Donald Trump, Rich Dad's Robert Kiyosaki, 50 cent, Henry Ford even Walt Disney...
Ed S.
Direct deposit: is the rent late or on time?
Hello BP,I'm thankful for such a place where I can get experienced advice. Here's my situation. Rent is due on the first and my grace period is 3 days, so on the fourth its late. I haven't had a problem with any of my...
Account Closed
Tips for super productivity
Hello Bigger Pockets,I wanted to start a thread (and hopefully add to it as the years go by) on ways that I've learned over the years to establish and maintain high productivity. There's a LOT to know and do in this ...