John Gach
Can’t remove tenant NYS
So I live in Buffalo New York. My rental property I purchased in august last year, it’s my first one, it came with this low income tenant that was getting social services and a housing agency to pay his rent.The rent...
John Friendas
Using Duplex as Quadplex
I have a property zoned as a duplex that is basically a quadplex, it is one big old house. It can't be rezoned and is not grandfathered I asked and I know there could be zoning issues. There is functionally enough spa...
Account Closed
Tenant doesn't have electric
Tenant signed a lease beginning this month. We had the electric in our names until today. New tenants told us they switched it into their names, energy company said that the tenant never called. Now the tenants don...
James Krywin
Deciding if it will be a good investment to rent out or sell existing house
Hi All,I am in the process of moving and am at a cross-roads. I need to determine where I should sell or rent out my house. To do so, I am need to understand what is considered the "breakeven" and "target" % of rent v...
Winn Vu
Is this a fact that tenant has abandoned the property?
Lease is ending in a couple of days. Rent paid in full but keys has not been returned. Today I got notification from Gas Company that the service on the property has been shut off 2 days ago per tenant’s request and i...
Lance La Croix
Budgeting owner occupied rentals
Hello! Being a personal finance coach, I am very experienced in writing and following budgets that have my best interests in mind. That being said, I am brand new to real estate and I am unsure the best way to manage ...
Sean Payne
Newbie with 1st purchase in sight
I'm an active duty military member that is currently renting a 3bd/2ba for $1350 and have talked to the landlord about purchasing. Is willing to sell, just want to make sure I fully analyze deal without going into an...
Jessica Price
If you had 18k to invest as a 1099 employee.. what would you do?
I have been wanting to buy a property for a couple of years now but I am a 1099 employee, so getting approved for a loan has been very difficult. I live in an expensive market - Austin, TX. Would you find a DSCR loan ...
AJ Aispuro
Received a Gift Loan From a Friend
My friend provided me a 200k loan to deposit into my newly created LLC. What are the requirements and or laws that I need to abide by when depositing money like this into my LLC account?
Nathan Strahan
Looking for guidance with triplex
Hello BiggerPockets community,I recently came across a property listing by an owner/listing agent. I've gathered some information and would greatly appreciate any insights and advice. The property is listed for $170,...