Michelle Marty
Property Management fees
A little back story: I have 5 units (one multi-family, one single family) out of state. I have a local PM to handle the day to day. I know the owner of the company through various networking affiliations and when he d...
Dilpreet Singh
Buying 2 Rental Property
So I right now I have 3 proprieties, which all together makes me like 1000 cash flow each month. Right now my bank will not give me another loan cause My income does not stay under 40% so I am buying contracts homes. ...
Adam Smith
Tax Question - Investigating New Markets
Happy New Year BP! We have two rentals locally and are looking into new markets since our local market is higher priced vs rents.My question is, can we write off (for taxes) the cost (or some of the cost) of travelin...
Jill F.
Getting rid of tenants causing 'excess traffic' (aka drugdealers)
Hi Bigger Pockets,
How do you deal with the excess traffic problem, when you have no actual proof or official statement from law enforcement regarding drug activity (which would allow/require and immediate 3-day evi...
Terry France
How much insurance is recommended?
Hello all! Just signed up yesterday...First post, first question:I'm a newbie, looking at a 1 BR condo I can get fairly cheap, and the rent payment would cover the mortgage payment right away, making it cash-flow posi...
James Madision
Benefits of having a LLC for a rental property out of state
I am in CA and have a rental property out of state in AZ, is there any tax benefits for having a llc? pros or cons for this situation. It is one 8 unit property. Am i able to make the LLC in AZ even if I live in CA? D...
Jeff Aponik
Renting to a non-profit organization
Hello all,
I have been contacted by a non-profit organization who is interested in renting one of our single family properties for 3 of their employees. The organization will be listed on the lease and responsible f...
Wes Brumit
Heres one i havent seen yet
Owner calls from a yellow letter campaign i sent. Wants to let go of home she owns that has a renter in place for practically nothing. Just wants out! Renter pays mortgage $900/month which includes escrow. There is no...
Marci Stein
Ever ok to forgive late fee?
My tenants have paid rent on time for 3 years . It’s due on the 8 th - they get their check on the 5 th . She texted me on the 8 th to say SS messed up the check and it just went out . So now it’s a legal holiday - if...
Caroline Gerardo
Syndications Gone South
Wall Street Journal today I summarize if you don't want to $ paywall. Author credit Will Parker
#syndications #syndicator #apartments #grifter #ponzi #SEC
<sic>"Gajavelli built a real-estate empire using fund...