Douglas Johnson
House Hacking with large negative cashflow, can it make sense?
Hi all, I am a resident of Salt Lake City and I am going through major listing sites trying to analyze deals while I save up and increase my earning potential in order to invest in real estate in a few years. In my re...
Matt M.
What do you guys do w/ the rental income?
Do you pay off the mortgage at a higher rate? Do you put the money into savings for THAT property incase it needs work? Do you put it into its own savings account to use for future investments?
Bienes Raices
Final walkthrough, and "vacant" language on short sale contract
I've made offers on several short sales in the past but never actually bought one.
I've been told to put language in the contract to the effect of "property will be delivered vacant and all of owner/occupants' or ten...
John Khadiyev
Renting a 3/2 to a family of 6 wise move?
Hello,
I am thinking about renting a 3/2 1500sq ft home to a family of 6. Four kids ages from 7-12 and two adults. That's two people per room. Is that considered wise to do? Is that full occupancy or more than recomme...
Ana Nomys
Fellow New Jersey BPers. What renovation do I do to flip?
Hello all you NJ BPers. I have a property that I can either add a lg. oversized 1 car attached garage 16wx32l or I can at the same price finish the basement in this already 4 br 2 full bath cape style home that alr...
Niraj S.
Help with analyzing a Mobile Home Park Deal
Hello Bigger Pockets Family!I need help determining if this mobile home park is a good deal or not. Basically i haven't had much experience in them so need some BP expertise in analyzing this. Thanks so much in advanc...
Brandon Rauscher
Dealing with a tenants that break rules
I have a tenant that recently moved in using housing vouchers (section 8). She immediately moved her boyfriend into the property on day one. He is not on the lease. This individual proceeded to smoke in our units. We ...
Ken M Middleton
Types of handymen needed for self property management
Hey BP family,My wife and I just closed on our first home and are close to having it rented. We have decided to self-property manage at this point.With that being said, we are looking for guidance as to what type of h...
Mark Gee
Should I keep my building Super or rent out unit for full market?
My Super and I haven't been getting along lately. He's helps me manage a 6 family multi and he occupies one of the units with his 2 kids. I'm trying to decide whether we should go our separate ways or if I just need...
John Hooper
New investor, looking to help my mom
Hi BP, I'm looking for some feedback about the strategy my mom and I are planning to use to get her monthly cash flow back into the black and help her eventually retire.Background:My stepdad recently passed away unexp...