Hi guys,Ive been getting plumbing leaks every 2-3 years in one of my rental , that create mold and it cost me each time 3k or 10 K to fix and get rid of the mold.What do you think about installing a leak alarm so to s...
Just spoke with one of my new investor clients today. He recently purchased a 2 flat that he is planning to live in and update in one unit while renting out the other. (NEW HOUSE HACKER, CONGRATS!) Anyways, we wer...
Tenant keeps clogging toilet My plumber told me this isn’t MY ISSUE It is their issue.. they clog with WIPES and such. Do I send them a bill? How do I get them to understand that they are causing the issues
Hi Bigger Pocket Teammates, need some advice-I just cashed out refinanced my two Michigan rentals to buy more properties and wonder if it is worth to keep these two or just sell them and invest in bigger and better un...
This is my first year doing taxes as an owner occupied 3 family house. This past year I had two folders one that I put all receipts that where costs to my unit and the other was for my 2 tenants. As I am getting organ...
I'm caught between 2 options of what to do with it and I'm interested to hear what others would do. I purchased a very mediocre condo in southern Minnesota 11 months ago with the intent to rent it out. I purchased wit...
Hello AllI could some sound opinions on the decision I need to make. Over the past 3 years my families goal has migrated from rental property growth to simplify our lifestyles and deleveraging. At its peak I had 4 ren...
Hello BiggerPockets community!I am new to rental property investing (looking to buy a multi-family unit in the coming months). I have been doing some research and the consensus I found is to not keep current tenants w...
Seller has made it clear that she would like to stay on as a tenant for some period of time. She is near retirement, but not quite ready. I am new to investing in general and have not heard of this yet.What red flags ...
My husband and I have just started investing. We both make good money to be able to support our household whether it’s just his or my income. Would it be a good idea to keep both of jobs and maybe reduce hours/respons...