Alex Molina
Lease Renewal. What is the standard rent increase rate (1%, 3%, 5%, etc)?
Hello, I have a rental in New Haven, CT (3 Beds/1bad). It's currently renting for $2095 and the tenants are going to complete their first year in the property and intend to do a lease renewal. According to my property...
Yaamu Camara
Do i buy a rental property for cash or i do i go with a Mortgage?
So i got approved by a bank for two duplexes that i was interested in, i got one under contract and the other one didn’t go through “ another investor offered more” now i’m conflicted if i should go with this one prop...
Jared Trindade
Real Estate Market in Asheville NC
3 Month Update for Asheville NC: Previous post in Market Data Thread -https://www.biggerpockets.com/...
*This is the second post in Asheville NC Market Data Thread*
Asheville is a medium sized city positioned south ...
Pearl Cook
[Calc Review] Help me analyze this deal
Hello experienced investors. I've been going back and forth on this duplex trying to make sense of all the numbers and am at a crossroads and would really like some help analyzing this purchase.I ran the numbers as if...
Timothy B. Dunn
How to cover rising interest rates on adjustable mortgages
We are searching lenders for our first property and are having to finance using our llc in order to protect my pension limits on earnings. My question is how do you account for future interest rate hikes down the ro...
Tyler Carpenter
LLC
I went onto my secretary of state website and looked at forming an LLC and it was $600. Is this about normal? Are there any sites you have had that you would recommend to be better or cheaper?
Katherine S.
Pays late every single time, driving me crazy
We have a tenant in one of our SFH, moved in last December, and has paid late EVERY SINGLE TIME (with the exception of the first month.) He pays the $50 late fee without complaint. He asked to move his pay date from...
Brandon Duff
My First Seller Financing Deal - Help!!
Hello Everyone!I currently own 2 investment properties that are SFH. I am looking at buying a 4plex and the numbers are as followed based on what my Realtor said. It is a gated community with a playground and pool. HO...
Amanda Thompson
Section 8 laws? ......
I have an applicant asking if we accept Section 8? I have never dealt with it. Pros? Cons? Do I legally have to accept it? They want to apply to our newly built , high quality rentals...
Jon Huber
Quadplex or four SFHs?
Hello BPers...
I would like to throw an idea around and see what comes up. If an investor dedicated 100k towards investing, and had the opportunity to purchase a four unit property (valued at 400k) with 25% down, o...