Nikola Dokic
First Duplex/House Hack
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $600,000
Cash invested: $90,000
Purchased a duplex in the Sacramento Area, currently living in one side an...
Mark Kudlach jr.
Septic Tank Advice That Will Save you Money!
Hello BP,Figured I would provide some free advice that could save you an emergency rate call averaging from $125.00 to $450.00 sometimes more depending on which part of the country you live in. As a licensed septic in...
John Gross
Last month rent vs security deposit. Which is better
Hi Everybody, I am new to bigger pockets and long term leases. I have a young couple wanting to rent my adu at my house for one year in Arkansas. I see on the lease agreement an opportunity to charge last month rent a...
Malik K.
10%, 15%, or 20% down on Triplex
Hello,I am in the process of closing on my first property, a triplex I plan on owner occupying for 1 year. I can afford to put 20% down and still have a fair amount of cash reserves. My question is whether it makes mo...
Andrew P.
Tenant's front door was broken during a break in.
We have a tenant (in Austin) that had their front door broken while they were gone during a break in. They do not have renters insurance, which is our fault for not requiring it. (Devils Advocate) If I was to guess,...
Elisabeth Lernhardt
Tenets from hell, the sequel
Last month I got a call from a tenant, wanting to get out of the lease, because her husband was being relocated to Arizona 2 weeks before Christmas! They had been in the house for 1 1/2 years and had 5 more months on ...
John Tran
Walnut damaged tennant's back windshield
My tenant's just told me a walnut from a tree in the front yard of my rental house fell and crack her car's back windshield. She wanted to know if I will pay for it.In the lease I specifically spelled out that damage...
Daniel J.
How do you hold and keep track of CapEx and Vacancy Funds?
Hey all,How do y'all keep track of the funds you are holding in reserve for CapEx, Vacancy, etc? Do you just plan for those numbers in your analysis but then take it all as "cash flow" and pay it as it comes up, or do...
Gulliver R.
Direct Booking Website: How Do You Protect Yourself?
Hi All,I have an STR that's on Airbnb and VRBO right now. But I'd like to build a directing booking site and put my STR on that as well. I like that you don't have to worry about getting a bad review on Airbnb or VRBO...
Nik August
Returning Security Deposit
What would you do with the security deposit if the tenant wishes to break the lease early? The tenant mother/roommate passed away. The tenant no longer wishes to occupy the property. I decided to release her from leas...