Luke Hoffman
Sell or hold- cashflow destroyed by property taxes
We own two rentals in a small town in Indiana. Property values have gone up approximately 40% in the last two years. We bought a 3bed 1 bath for 125k with a rent of 1,100. We also own a 4bed 2 bath for 137k with a ren...
Arthur Fuller II
using the rental calculator
I have not made my 1st deal yet - that being the case I have a question about the wholesaling calculator (to sell to a renting investor) and the renting calculator.If I have never rented or flipped a rental how do I k...
Noah Bacon
HOA dues increased 98% YOY!
This morning the HOA on one of my properties located in Colorado Springs informed the owners of a "Special Meeting Notice" to ratify an amended 2024 HOA budget due to an unexpected high insurance renewal. I reviewed t...
Igor Messano
Paying tenants for rent increase
Hi everyone,Thought came to mind and was wondering if this is ever done, and if so what is the good and the bad. Let's say I have a commercial property with a couple of small retail locations (300 sqft) where rents ar...
Nikki Bai
Construction company raise price after contract?
Hi Investors,I signed my first investment property contract back in March this year. While today, the construction company told me to either accept a $42000 increase on top of the contract price, or get off. I underst...
Tom Price
Builders backing out of new construction deals.
Anyone else having issues with builder's/turnkey providers issuing cost increase letters to the purchase contracts of new construction turn key properties.We have had 2 homes in Central Florida in escrow for over 4 mo...
Eric Fernwood
Las Vegas Homes More Affordable to Rent Than to Buy
According to data from ATTOM Data Solutions, Las Vegas home prices crossed the point in the last few years where it is more affordable to rent than to buy. This means that the demand for good rental properties will in...
James Hornbeck
Question about the BRRRR Method
Hey Everyone, I am new to BiggerPockets and have been reading a lot about the BRRRR Strategy. I have a question about the refinance part, and could not find the answer on other posts. My question is if I purchase a ...
John Lunias
Raise the rent or not in our duplex where we live? North Jersey
Background:
Hi,
I own and live in a two family home where I rent one of the apartments (above mine) out to a small family. The apartment is a renovated 3br, 1 bath in northern NJ with heat and hot water included. Th...
Justin Brin
How often will you raise rent for your tenant and how much?
How often you will raise rent for you tenant and how much?If you have a good tenant will you raise his rent if the market rent went up?Will you raise his rent to market rent or keep it below market rent to incentive h...