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Hi all, to start I'll start to say that I'm new here, and very new to real estate in general. So go figure I have an issue with my first tenant, in my first rental property ever. I'm in Okaloosa county Florida. Here...
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Hello BP community,
As I have good working relationships with most of my tenants, how do I increase their rents without them thinking I am a greedy landlord? On one hand I feel kind of bad raising rents but on the o...
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I am analyzing small multi-family properties and I feel that there are some costs that I am not taking into account. Any advice would be appreciated!
Hello Bigger Pockets, My boyfriend and I recently purchased a property in South LA (near USC/Vermont Harbor). There are a lot of developments and changes occurring in this region of Los Angeles and we've noticed more ...
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Greetings to All. Hope everyone had a festive holiday. I have an opportunity to purchase a 2 family frame and a 1 family frame house that sits on one lot. Neighborhood is A, if not A+ with great school. It's in a de...
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I always get at least a couple texts from tenants during spring time about rodents in the house or attic. My pest control guy uses bait boxes and they seem to work every time. I’m going to start doing it myself. What ...
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I will be purchasing 5 rental properties from my older parents. They are all currently occupied by tenants and the rent they are charging now is well below the market value. We are working with an attorney and CPA to ...
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I could use some help with this one. My current situation: - 1 SFH ($500k market value, $340k mortgage, breaks even on cash flow but is in the hottest zip code for appreciation in the city right now due to major com...
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Hi,
Soon to be first time landlord here
I’m asking for a 1 month security deposit but I’m not sure where exactly do I need to put this money. I searched the forums, some answers said “savings account”, some said I c...
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Hello BP,So, I'm 2 direct mail campaigns in and I haven't reached my goal of closing my first deal yet. Slightly discouraged but not yet defeated I was hoping for some help from the BP community to get my first deal i...