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B/B+ 3-plex in A neighborhood, small, upscale town in upstate New York, very stable housing market, 9/10 school district, 3-4% appreciation over last decade, 10-13% appreciation over last year. Rental demand fluctuate...
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I bought my first condo two years ago to house hack (roommate paid almost 70% of my living expenses), plan was to purchase several within my complex because leasing was allowed. That lasted 3 months until I met my fu...
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I am trying to put .Pdf files for all my deals down the road that break down the costs the investor will face.
Now obviously I can take the ARVx.65 - rehab costs = MAO
and that is as simple as it gets.
However I wo...
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I just had a potential tenant request a shorter term lease which would then become month to month and in exchange he was willing to pay higher rent than I’m asking. This was a red flag to me so I wanted to get some fe...
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Hi Bigger Pockets!Are there any Tax Breaks/secrets for investors in Ontario Canada, or Canada at all for that matter?I have heard Robert Kiyosaki say many times he doesn't pay tax on his investments, but that is the U...
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Hi BP Nation,I've been a landlord for a couple years now and one thing that I've always struggled with is deciding when to update stuff in my property. An example of this is my one unit's electric range. It works fine...
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BP!I have a quad -- have had it for three years. On paper, it looks like it's going to cash-flow, but it doesn't.I bought it for $73,500, put 25% down, and financed the rest.Rents are a total of $1,900 (475x4). Tenant...
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Apparently the White House is pushing for national rent control. Landlords with 50 units or more would be limited to a maximum of 5% annual rent increases. The linked "fact sheet" is, well, oddly light on facts. For s...
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Hi everyone. I have done my background research on this topic in general, but I would love some specific feedback as to my particular situation so we don't screw this up. If it wasn't already clear, this would be our ...
I currently rent a condo in Illinois - 60030 - and had a military family in the home since Jan 2013. I did collect a $1300 deposit upon signing of original lease. Just this year, there was a change in orders and the l...