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Hello,I just had a tenant move out after being in my rental unit for about 9 months. The day they had moved in last October was the same day we had new carpet installed in the living room of the house. Carpet upstairs...
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A rocky day dealing with tenants. First we deliver a replacement stove to a tenant whose stove had a bad burner. In pulling out the old one we discover that the tenant has stuffed plastic carrier bags all through the ...
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I have a property for sale that's worth 6.5 million. Does anyone know how to start a syndication?
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Hi everyone. My property manager just called me/sent an invoice with 2 options regarding replacing an electric water heater (please see attached screenshot). The property manager said the issue is the water heater's a...
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I had a deal fall into my lap. Suffice it to say I have to take the deal one way or the other. No choice really. 20k owed on back taxes. No liens that I know of. I can loan the money or buy it outright. It's a family...
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Hi all, Bought my first owner occupy multi family, and decided to live in the most runned-down unit to do some repairs. I'm a mechanical engineer by trade, but have little to no real estate repair experience. I enjo...
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I did a post about my first rental purchase here (https://www.biggerpockets.com/forums/223/topics/67...) which took place last month. During the time of acquiring the rental property I also came across an opportunity ...
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Hi all,
How do you withdraw the money in your current employer's 401(k)? I don't have a financial hardship, and I don't want to take out a 401(k) loan. Is this possible at all?
I know there are penalties for withdra...
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I know this depends completely on ones risk tolerance, but I'm curious what you would do, or have done, and how it worked out for you.Currently I'm working on the former vs. the latter, but it is driving me crazy! To ...
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When estimating operating expenses using the 50% rule, do you include property taxes and insurance as part of the 50%? Or do you consider that part of the mortgage payment?50% seems kind of high to me without the taxe...