Alex Schwartzman
Property management agreement and attorney fee for eviction
Hello,My property is managed by Property management company. The PM agreement specifies the fee for eviction:Eviction fee-$350.00 To file eviction and reclaim possession of the unit. This includes court filing, and co...
Jordi Valado
How and Were to start Multi-Family investing for cashflow?
Hi everyone! I am Jordi. A new real estate investor getting into the game from NJ. I’d love to get some advice from this great community. I am looking to build wealth and would like to start with multi family investin...
Chris Cusiter
Commercial loan origination fees
I'm refinancing a commercial property in the US for the first time. $1.7m loan, 65% LTV. One LOI I've received has quoted a 2% origination fee, which seems high to me. (Broker has a 1% fee on top). Presumably negotiab...
Sejin Kim
Should we sell it?
Hello biggerpockets! I don't know what to do with my property. I and my husband bought our first house in October 2022 when there's a lot of changes in interest rate. ( 5.5 % with VA roan? 5 bed 3 bath house ) For une...
Gulliver R.
Paying off a mortgage very quickly
BP,http://www.claytonmorris.com/blog/2015/7/20/how-to...The link above talks about paying off a mortgage in a matter of roughly 5 years+/-. After reading it, I was still skeptical. Any mortgage professionals or anyone...
David Ounanian
What are common landlord expenses, and who covers them? Landlord or tenant?
When managing a rental property, here are some common maintenance expenses to be aware of. Some can be passed on to tenants, while others are usually the owner's responsibility:1. Sewer Cabling/Drain Cleaning: When th...
Alan Asriants
The realities of when you start acquiring more units - unexpected vacancy
There is a harsh Reality when you start acquiring more units to your rental property portfolio. That reality is unexpected vacancies. When you own a couple of units, the odds of there being unexpected vacancies that o...
Wesley W.
Feedback on first offer humbly requested
Hi All!
I am hoping several of you with a much more experienced eye can review my potential first deal and provide some feedback. I'm looking at submitting my very first offer on a FSBO 2-family home in Upstate, NY ...
Sateesh B.
Tenant Floor Damage
Tenant vacated the unit, Did notice a couple of broken tiles in the Kitchen, The tenant is agree to pay upto $250 for fixing the broken tiles. Now the issue is the tiles that i bought about four years from HD is disco...
Star J.
To pay or not to pay
Newbie 8 family rental owner. In my area the water company can hold the landlord liable for any unpaid water charges whether it is in the tenants name or not.. How are other landlords passing that cost to tenants whil...