Sheena Lee
Acquiring property with tenants in place
I am about to acquire a triplex that is fully rented until next year. I’m taking over the leases and need some advice on next steps.
After closing, I’m thinking of scheduling to meet each tenant and go over their lea...
John Smith
Down (3.5% v. 10%) PMI, Liquidity, Gains, Taxes, Projections
Have been reading forums & listening to podcast for over a year. Focused on cash flow & so on multi-families in part because of Bigger Pockets. Bought our 1st property last spring ($94,000 3-unit, using conven...
Andrew Ware
Amortization sweet spot
I rarely ever see anyone talk about amortization. So I'm trying to figure out how I should be thinking about this. In the first years of a loan you pick away at the principal very slowly. Is it worthwhile to use c...
Mindy Jensen
Do you give the other agent a gift?
Do you, as either seller or buyer agent, give the other agent a gift at closing? How much do you spend? What are some things you have given? Have you only given when you are the listing agent or only when you are the ...
Joshua Pavao
Can a tenant break a lease for this?
Hello BP, I'm curious if a tenant in Florida can break a lease due to an A/C not being repaired.Firstly, I am the tenant, and have been having some problems with maintenance. I haven't exactly been a nuisance about it...
Account Closed
Applicant has no job but wants to pay 6 months rents.
I posted my rental online and received this from a interested renter out of state:"Good morning we are family of 3 and we are living in north Carolina and we are going to buy a deli in ny so I willing to pay 6 months ...
Account Closed
Beginner's beginners guide #2- Personal finance.
If you are like me... You do not have a high paying job. You earn just enough, barely or not even close to "making ends meet." You spend 1/3 of your life or more wasting at a job you dislike for pay that struggles t...
Benjamin Foullon
Looking for Financing
Hi everyone! I found a duplex in the Cleveland area that is listed for 85K and rents come out to around 2k/month. I would like to use a DSCR loan, but I've heard that you can't use DSCR loans at that price point. Is t...
Sandy Uhlmann
Do pet owners tend to stay longer?
A great deal has been said in other forum discussions about the pros and cons of allowing pets. I have newly renovated 1920's home that has freshly sealed hardwood floors. (no carpet at all) I had planned to NOT...
Brandon P.
Eviction in Indianapolis long distance landlord
Hi AllI need help or suggestions to do this remotely. The tenant has stopped communicating and hasn’t paid December rent. I will work on putting the 3 day notice. Can y’all recommend an eviction service in Indianapoli...