Joe Young
First Investment Purchase?
Hey everyone,
I am looking to purchase my first building and would like some counsel from experienced investors. Attached at the bottom of this post, you will find a link to a calculator where I have input all of ...
Gayle Eisner
Raising Rent on a 30 day tenant
Hi all:I was hoping to raise the rent on my income property but I have never done so previously. Tenant has been there almost 2 years. I was wondering what is the maximum I can raise the rent on a month-to-month agr...
Lori Agajanian
Lease options and utilities?
Does the tenant pay utilities on the lease option? In their name?
Andrew UMphrey
Our first offer - Any suggestions?
My wife and I just made our first offer on a bank-owned property. We were dragging our feet after viewing the property twice (once with agent, second time with contractor and agent). Got a message today that another...
Jason Clark
Am I running these numbers correctly?
I’m looking at an 8unit apartment building, 2bd/2ba each. Asking price is 359,000. Conservatively I’m assuming $550 per month rent. 1 unit is vacant. I expect about $80,000 in renovation costs. $439,000Rent $4,400Mort...
Sohrab Khosravi
TENANT NOTICES In the state of TX
Hi,I need some help from PB to understand what type of notice we need to send to tenant and when. I am working on a procedure manual and I like to add them So far this is the list I have:#-Day Notice to Pay or Quit (w...
Dylan Huynh
Landlord Paying for Utilities for their Tenants
Hey BP,I am in the process of buying my first rental property and it is a triplex in upstate New York. Prior to making an offer, I've discovered that the current landlord pays for utilities for current tenants. The te...
Riley A Holzmeyer
Analyzation of a Deal
I am currently in the early learning stages of getting my numbers correct when evaluating a property. I plan on having my first property owned this fall. I want to do an FHA House Hack and I got pre approved for some ...
James B.
Tenant Walk thru 30 days before leaving
A tenant wants a walk through more than 30 days before leaving so they know what needs to be corrected in order to get their full deposit returned. I'm fine with that but am concerned if they do everything I see a...
Greyden Piechnick
My mom isn’t able to claim Real Estate tax benefits?
Hello! My mom owns 5 rental properties. She is telling, me since her and my stepdad make over $150,000, she cannot utilize tax write offs until they sell the property. She is claiming that the write offs will be used...