Kayla Holbert
Potential Debt Leveraging Idea
I got this idea in my head, but I want to know if this is not only possible, but legal. So I was thinking of increasing my cash flow by allowing family/close associates to pay a portion of my mortgage, and in return g...
Joshua Parker
How to find projected property tax in Kansas City
Hello everybody. I'm fairly new to Bigger Pockets and real estate in general. I am looking at buying my first rental property, out of state, through a turnkey company in Kansas City soon. After I get a little more e...
John Delacruz
First Mortgage Advice
Hi, I am planning to buy a home. As I don’t have enough savings for that, I have no option other than a mortgage finance. I don’t have any previous experience with mortgages. So, I asked my friends for their suggestio...
Mike Alderton
Sitting Tenants and No lease Agreements!
I am closing on my 1st Property Friday 3/18/22 and have already learned some hard lessons! When making an offer on the property I was told by the seller that 2 units were long term and 1 was M2M. Assuming that the...
May Zhang
How Coronavirus will impact home price and rent
I am a First time investor having a house under contract. The corona virus impact on stock market is scary. Want to see if any peer investors will have any opinion about how the corona virus will impact the RE market?
Bill Ward
Tenant need to sign rent increase letter?
Delivering my first rent increase letter. Original lease expired and it's now in month to month stage. Good tenants and I want to keep them. We have good communication and no issues. I've seen it both ways online, do ...
Jon H.
Interest rates impacting development planning
We're currently halfway through development planning (including soft costs) to a coastal multifamily development project. Looking for any anecdotal references on developers who have delayed current WIP projects due to...
Nellie Bentz
Escrow: why don't I understand it?
Anyone in here care to educate me a little on escrow? My escrow account keeps coming up with what seems like fairly large shortages.I'm not very good with math, and I've tried going over the escrow statement with my m...
Jeni Nikolova
Rent increase to keep up with inflation and higher costs to maintain the property
Hello,
What is a good and (if possible) kind way to communicate to tenants that if they were to renew the lease, the rent will be increased at the legally allowed rate, which in this case is 10%?They are currently in...
Terence Purcell
Renting from yourself
With the recent increases to standard deductions - the taxation benefits of owning your own home have been reduced.Being a landlord continues to be tax effective.I have a family member who is looking to buy for themse...