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I’m looking for my first investment property. I have found two different deals I think could really be good. I’m just unsure about the numbers. The first is 3 2 br 1 ba duplexes on one property. I am not sure how to ...
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Hello AllTwo tenants. 1. Move out Tenant, left the place a mess. House needed cleaning, so we billed him 75$ for cleaning penalty fee.2 Move-in Tenant said she would clean the place herself in exchange for the 75$...
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Hi BP,I am planning to lease out a separate room in the house with its private entrance, kitchenette, bathroom and separate thermostat. The room has individual outside AC unit. However there is only one meter for the...
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Hello,
I am new to this whole landlording world and am looking for an answer to an idea I had. I wish to stay in my local city. I am considering buying a house in another state that is cheaper than my market to rent ...
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Hello BP, I am currently looking at markets that I may want to work and live in once I graduate college but I find that in every market that I look into there is only 1 or 2 duplexes in the area. I would consider rent...
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Hi BiggerPockets,I wonder if anyone has experience in moving properties from personal name to LLC. The properties stayed on my 1040 Schedule E for a few years and have accumulated loss when depreciation is included. H...
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What happens to the tenants security deposit if I purchase a multi family building with tenants already in it. Do I get those from the previous owner? Do I have to factor that in as a cost of purchase? Is there a s...
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After years of using a property management company, I'm looking to self manage two 4 bedroom/2 bath student housing condos I own in a college town.
Three Questions: Is it better to have 4 separate lease agreements (...
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My tenants roommate moved out and he took another roommate and let him move in before the verbally agreed upon move in date. I gave the new roommate a lease to sign (and I required a co-signer). The tenant signed th...
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Hi all! I purchased and renovated a house with a separate legal mother/daughter apartment that I am preparing to Airbnb here in Central NJ. I wanted to find out from those of you who are house hacking; do uou have se...