Jessica D'Amour
Inheriting a tenant living in deplorable conditions
Hi everyone,I am new to the BiggerPockets website, and I have been listening to the podcasts for a couple months now. My husband and I bought our first investment property in June 2015, a 3-unit house in Buffalo, NY w...
Jorge Cordero
Buying a retail condo in Naples, FL good idea?
Hello,
We are thinking of buying a retail condo in Naples, FL. However based on much online info, talking to other investors and bankers, they advised us to stay away from it. The HOA is close to $1k per month, and p...
Randy Taylor
Tenant found mold and tested themselves
Hi everyone,I have a group house that brought in a couple new people to an existing group lease. One of the new tenants saw some mold and did a bunch of testing on their own, finding dangerous mold in samples and in ...
Abhishek Singhal
Recommendation for Ft. Lauderdale Investment
I am looking for recommendations for investment in Ft. Lauderdale. I did some basic research and it seems to me that area around zip code 33313 is attractive. Any other areas folks would recommend? Any agents who have...
Wagner Nolasco
TAMING INFLATION: VOLCKER IN 1979 AND POWELL IN 2022
On Wednesday, September 21, 2022 at 2:00 pm, the Federal Reserve Bank raised short-term rates by 0.75% to fight inflation. The Fed’s benchmark interest rate is now between 3 percent and 3.25 percent.
The interest rat...
Owen Thornton
Why are high cap rates risky
Why are high cap rates usually considered risky? Are they not profitable for their high returns? Or is it likely risky because the seller is selling even though there are such high returns? Are high cap rates simply o...
Ernie Cruz
When to Replace Appliances - Before First Tenant or Later?
So I was having a conversation with my wife last night about a potential rental property and we came to a fork in the road: If you were going to purchase a unit to rent, and the property needed some light cosmetic wor...
Patricia C.
Trying to purchase multiple properties
HelloI currently own 2 properties. One is currently rented in Greenwich CT, the other I just purchased in Norwalk CT and in the middle of renovations before I rent it out.I would like to purchase a 3rd home by the end...
Matt Smith
Roots from neighbors....legal issue
I am in California. There is a tree on my neighbor's land that has roots coming on my land, lifting the soil and now dangerously going under my house. I got 2 quotes from arborist and asked my neighbor to send me the ...
Pete Woelfel
Tenants not getting along - allegations of threats
I have a duplex I self manage where the tenants are not getting along. There has been petty stuff for a while that I've tried to stay out of. It sounds like it reached a boiling point on Saturday night. Lower level...