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I'm looking to buy in Bakersfield. 2 properties around $150K each to rent out. Outlay will be $30K down, $750 per property monthly mortgage, income will be hopefully $1,200 per property. Am I insane?
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I live in Brooklyn NY, its not a bad place to live its has many resturants, transportation, close to the city, obviouslyManhattan has everything. Yet it has crime not as bad as one might think from the movies but more...
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Hi-First time tenant turnover for this landlord . . . would like some feedback on security deposit use questions.We have a lease rider attached with costs spelled out for certain things that need repaired, replaced, o...
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Hi BP Community,I just offered on a property in Brooklyn, New York that is in the process of going through a full gut renovation and being flipped. The property is a two-family. It is off-market, so there is no compe...
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If my tenant gets their gas shut off, can I shut their water off to prevent the pipes from freezing? I tried doing some research but it seems it's all in relation to self-help evictions, which isn't what I'm tryin...
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I am currently house hacking and have a few tenants/roommates living with me. I currently pay the water and internet bill out of pocket and only request rent and the electric bill be paid for by the tenants. My house ...
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Hello BiggerPockets Community!We are two business women single moms, Denise and Joanna. We are so happy to have found this community ! We're keen to get into the real estate investment realm with a shared goal: to p...
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I just took a look at an abandoned house that has a "Pending Demolition" notice on the door.Just got off the phone with that department and they said it is because they have asked the owner multiple times to make s...
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I'll try to keep it short, sweet, and factual. Kickstarting my investment life after many years of reading and planning, it's time to take action. I own a SFH and I'm deciding whether renting or selling is the best op...
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Hello everyone,I recently purchased my first house and am seeking advice on a potential flooring dilemma. My plan is to live in the house for about two years, possibly engaging in month-to-month house hacking during t...