Bruce L.
Can I deduct from Security Deposit?
Hi guys,So my tenant just moved out of the place and wanted to get your feedback as far as what you all think is reasonable to deduct.Above are the pictures of damages caused by the tenant.Before Move-InDuringMove Out...
Martin W.
How to run the numbers on a low rental rate property?
Hi all,I'm practicing by running numbers on a diversity of potential properties. When I run my numbers on SFHs with rents >= $900/month my cashflow ends up >$100/month, but when I go down to around $700/month th...
Ben Leybovich
Appliances for 98 Units
Hey, guys!So I am having a bit of an issue with appliances. @Sam Grooms and I closed on a 98-unit a couple of weeks back (there's a 10-page thread about it here). We are looking at a $1.4M rehab, and so far the biddi...
Amy B.
What about my own home as an investment?
Hello everyone!I have found great advice on this site! Our focus was income and we, my husband and I now have 3 rentals. Thanks! Now my focus is on a home for us. Recently I found a foreclosed home that we really w...
Account Closed
Peter Harris multifamily mentorship
Hello,
Has anyone been involved with Peter Harris' mentorship program? Or known someone who has? He is an author and has a multifamily consultancy (mentorship or advisoing program). If so, please share your...
Jorge P.
Water coming into My Basement Rental - AHHHHH
Pic #1: This is the water I found in one of my rentals that’s about 5’ below grade. This came AFTER we had finished doing a foundation waterproofing around the perimeter of the house! - How could this happen!?I had t...
Aaron Aaron
Newie scenario
OK..I've begun my RE investing education by joining Biggerpockets and visited my first county courthouse. Luckily for me the two courthouses I visited were not computerized so I spent a couple hours familiarizing myse...
Joseph Ben-Avi
Management company and use of funds
Hello all,Recently I was notified by our manager that a certain component in an appliance in one of my rentals needs repair. After reviewing the monthly statement I realized that the expense was well above the dollar ...
NaDean Bowles
Need Advice on Development Land
Today I began talks regarding a large piece of land that would be perfect for both commercial development on one side and a subdivision on the other. Discussions of seller carry back were batted around with the sell...
Trey Bonner
Duplex Under contract - Tenant will not allow access to unit
Hi BP Fam, I am currently under contract for a duplex in Atlanta metro (East Point). During due diligence we were able to access one unit (which has a tenant) once, which happened to be during a time that my contracto...