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Good afternoon fellow investors,I just closed on my first rental property, which consists of a main house with 3 attached smaller units (efficiencies) - this is very normal in this area- , everything is on one meter.T...
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An often overlook discussion of multifamily investing are utilities. While the topic may not be top of mind among most investors having a plan reading them could mean the difference between added income or incurring u...
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Hi BP community,I have a tenant who has been quite non cooperative and I had to get a lawyers help in sending the tenant a notice for rent increase and draft a lease and upload to digital signature site for signatures...
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Hello! I need your advise.I’ve been renting out my house through a property management company for two year. I’ve noticed quite a few unreasonable repair charges. For example like this one: “one charge was to take the...
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Hi BiggerPockets community! I'm an up and coming real estate investor looking to begin real estate investing as soon as I am able. However, before I start investing actual money, I would like to get a feel of what the...
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Our insurance broker of the past 5 or so years recently started charging an "Agency Fee" for writing a new policy. Has anyone else seen this of late? This is on top of the regular policy premium which typically incl...
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I’m doing my first buy and hold purchase for a long term rental. I’ve received my loan docs back from my (conventional) mortgage lender and he’s included a $995 loan fee. This seems a bit excessive to me. Also includ...
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Hello all:Some duplex and other small multi family units have some of the utilities bundled together (in our case it's sewer & water), these are paid, in many cases by the building owner, and included as part of t...
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Does anyone have a suggestion of where to get a background Check done on a possible new tenant? I am planning on getting income verification, having her fill out an application, and doing a background check. I also ne...
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I just wanted to share an offer I had from a seller. The total sales price is $22,000 which is a fair deal for this small town in northeast Texas. Down payment is $2,200 with payments of $348.45 for 10 years. I ass...