I have a tenant in which I agreed to them having an outside dog. It is specified as outside on the lease, the pet addendum, and in multiple messages between myself and the tenants. On two occasions when I have had the...
I am a new R.E. Investor who is just starting out and who plans to buy multi-family apartment bldgs in the New York City area. The problem I have is that I'm permanently moving overseas at the end of the summer. Altho...
I will be moving to Buffalo, NY this August and I am interested in purchasing a house in the Amherst, Williamsville, Clarence area close to University at Buffalo. I would be interested in getting a duplex in order to ...
What are some of the most common lease violations you see? I plan on strengthening my lease for my next property and I'm sure there are things I'm not covering. Aside from moving out in the dead of night and not payin...
Do you see your personal home as an investment or an expense? I'm on my second duplex that I bought to live in, improve, and then rent. My next home will likely be a single family and in a nicer neighborhood. I'm n...
Attention skeptical wannabe landlords who think there is NO WAY rental property expenses run 40-50% of income, or that rent minus PITI = cashflow. This post is for you:I always dread the first few hot days of summer....
I've recently purchased a 1950 three bedroom, one bathroom 972 sq ft single family home. We paid $67,500 plus $1,600 in closing costs for the place. Experience from our first rental, rent will range from $1,100 to $1,...
People seem to expect their water heaters to last 10-15 years. Are you guys just letting it corrode as soon as the first anode rod is eaten up? How do you go through water heaters so fast?
Greetings BP community,
What are some reasons that make landlord's delay hiring a property manager? What are the things you would need to see in order to justify the ROI of management?
Looking forward to hearing y...
I own a couple rental properties and only recently found the world of BiggerPockets! What a game changer.. I wish I had found it 4 years ago before I started buying lol. Anyways, I read/hear about people cash flowing ...