Hi BP! Last year I teamed up with my longtime buddy and purchased a 4 bedroom (single family detach) house near campus while we are finishing up our degrees.We use 2 bedrooms for quiet living/study, and offer the othe...
So my tenants have not paid rent yet this month when due by the 3rd. I went by the house and the mailbox is completely full but there is still furniture in the house. Mail dated August 31st is still in there. Th...
I have waited two years to post about this. Well, make that 2 years and 2 months but who's counting. About two years ago I had sent out some mailers that proved to be very successful. I know we had a couple of deals o...
Hi! I'm in Chicago and in the process of closing my first property where I'm inheriting tenants that haven't paid in a while. The situation: 7-unit building where the top two units are family and are both not paying r...
Hello all!I’m preparing to close in a few short days on my second investment property: a cash flowing, fully occupied 4 plex! Though I’m hoping that this new chapter in my investing career is as promising as It looks,...
For legal implications, this occurred in Texas (Dallas to be specific). I know laws vary by location.About 4 months ago, we had a bad rainstorm and water seeped into the bathroom through foundation due to poor drainag...
Looking at a Triplex today, the listing agent said they don't typically give an estoppel statement, they just provide copies of the lease.I've never purchased an occupied property before, and everything on BiggerPocke...
Our tenants (who have rented from us for about 1 year and 5 months) are having to terminate the lease early due to job loss. The husband was the primary bread winner and lost his COO job. He says he found a new one ne...
I purchased a fixer upper through a wholesaler in March 2021. After more repairs and expenses than expected, i could not sell the house for a profit. The house would not appraise. So instead, I refinanced, pulled out ...
Hi all successful direct mailers, I'm finally ready to go through with my first direct mail campaign, and I'm hoping for some second opinions from people who have the experience. I have been going around and around ...