Hi BP family, Does anyone start off a new tenant with a MTM term or maybe a 3-6 month lease before committing to a full year lease ? In an effort to make sure you are happy with the tenant and is a good fit ? I Ha...
Hello all, this is my first post here at BiggerPockets, so I appreciate any advice and/or criticism you have to offer.My wife and I have bought and sold 2 properties for profit in the last couple years and we are curr...
My partner and I purchased a duplex in Phoenix, Arizona about a month ago. It was being wholesaled at 102k with both rents equaling $1300 a month. We closed on April 18 and the rents for the rest of April were pro-r...
Hi all, new to site. I thought I would put this out there and get your opinion on the situation.
I have a section 8 tenant that has been in the house for 4 years, not completely troublefree, but decent. Anyway, al...
Hi BP! We own a few single family properties we use as rentals. While looking for another in a different state, with a new to us realtor, we found a multi-unit (over 5 units) that we are interested in putting an offe...
Hey BP people! I was hoping some commercial property managers/owners could answer some questions for me! How do you estimate the routine maintenance budget for a commercial property? Do you include the costs of parkin...
How does everybody feel about flood insurance?
My properties are not in flood zones but I sometimes get nervous about not having flood insurance.
Does anybody know any good insurance companies with low rates.Anybo...
What is the best form of business for a real estate investing business to maximize gains and minimize taxes if I were to go solo? Should do an LLC, Corporation, or just a Sole-Proprietor? What if I had partners?
Hello all,I am under contract on a 4 bed 2 bath home in one of the nicer suburbs of Detroit, Auburn Hills. I am under contract with seller right now for 277k with 8k in seller credits negotiated upon inspection. Now,...
Here's the situation:
I'm looking at possibly purchasing another investment property. It's an upper/lower duplex. It's a big place, about 2,000 square feet. The lower unit is a 2BR 1 Bath and the upper is a 1...