Jack B.
Tenant has gone insane before moveout
He's some construction worker. Rented the house 2 years, had a dispute with one neighbor and is now moving out. Been sending him notices of tours days in advance. One day I texted the notice to his OLD number that he ...
Ana Garrido
Rental license in Philadelphia, PA
Hi all,After lots of reading and listening ALL the BP podcasts and struggle with the bank approval process, my husband and bought a duplex! Then we will live in one unit, have a home office and will build a shed for o...
Jaren Woeppel
Hard Money Term Sheets
Good morning BP community,We are looking at making our first hard money loan for a flip project. We don’t really know where to begin as far as term sheets and what documentation we need to request from the borrower. A...
Shannon Cannon
FHA mortgages for duplexes
Hello! So I feel like I'm finally making some traction with buying rental properties but not sure where to go from here. My husband and I just purchased 1 side of a duplex with cash. We are looking at 4 more units t...
Buddy Holmes
Ideas to Handle a wide buyer Closing date spread on a 1031 sale
This is my second 1031 exchange, however this one is unique.I have a contract to sell a property to a City and I want to enter into a 1031 sale.Since my buyer is a city/town with a town counsel and funding options tha...
LaJuan Tucker
Philadelphia L&I inspection and contractor recommendations
Hello I am new to Bigger Pockets. I have a duplex in Philadelphia that I've acquired from a family member. I have never rented myself before and the house is older and in need of some repairs in order to rent out the ...
Brad F.
Investing in Portland Oregon
Portland Oregon has received top city to live in 2 years in a row, and growing at a rapid pace. With large companies like, Nike, and Intel the growing demand for affordable housing/rentals are ever increasing. The p...
Daniel Hart
What are some good holiday gifts for tenants?
Assuming they aren't behind on their rent ;)
I'm wondering what gifts I could give them that also help keep the property maintained... vacuum, fire extinguisher, plunger, haha.
Or maybe a gift card or gift basket, s...
Young Moon
Depreciation is standing in the way!
Hi all - I am in the process of negotiating a 28 unit apartment and the seller is telling me that he may not be able to do the deal because of the tax hit that he would take upon sale. He has been depreciating the pr...
William C.
Tenant lease break, penalty & tax implications
We have a tenant that was signed to a lease through Feb. of 2023. They have decided to break that lease and pay out the remainder of the lease in a lump sum. In the state the property resides in, we have a duty to mit...