I had my tenants pay first and last months rent wen signing plus a security deposit.Their year is almost up and they would like to resign. I gave them notification that I will be raising rent on this new contract.Shou...
I’ve had my tenants for the past 3 months and they’ve been great. Paid rent on time, communicated and are clean and quiet neighbors. Recently, the husband went to jail for a problem the wife is leaving him for. This p...
I am looking at a property to buy and hold where the taxes are quite high. Over $9000 a year in NY. As such, everytime I run my numbers, I get negatives in cash flow due to the inability to get around the tax expense....
Hi, Bart here, just joined BP. Listened to podcasts, and BP team seem like real deal, so joined PRO. Just wanted to say hello. Excited to learn quickly, and start my RE journey. I made a mistake of not jumping in coup...
I am trying to set up a deal whereby a few vacant lots in a subdivision are exchanged for a house of similar value. Is there a way to set this up without selling each property, but using some sort of direct swap? Pr...
Investment Info:
Large multi-family (5+ units) commercial investment investment in Spokane.
Purchase price: $195,000
Cash invested: $70,000
Saw this property pop up on the MLS and quickly submitted a...
Hi everyone,
I am having a challenge understanding requirements for qualifying PL as a business income as opposite to investment income. I have W2 job and just starting in real estate. I have LLC registered for...
I bought a flip at the end of 2015 that had a tenant in the property. It was a very unique situation where the home had been foreclosed on, but the tenant had a ten year lease, which the courts held up! I was able to ...
Hello all!
I'm new to the bigger pockets forum so if this has already been posted please let me know!I'm currently house hacking a rental in Thurston County (3bd 3 bath with 2 roommates and my fiancee) but I'm looki...
Hello everyone. I’ve invested in a couple of properties in PA over the years, typically A class unit duplexes, and have done well with cash flow and overall property equity. I sold the portfolio earlier this year f...