When setting aside money for Capex, Vacancies and maintenance, should you use multiple bank accounts? Is it best to have a bank account for each property or one account per LLC? What do you find to be the most efficie...

Hello fellow BP members,

Please kindly offer your advice on this property deal. This would be my first commercial apartment building. Its an out of state property in Columbus, Ohio. 12 unit - 2 bed / 1 bath apartme...

Good afternoon bigger pockets I am looking for feedback our advice On a Financial strategy i'm looking at a 278 unit apartment building and also a second building with 363 units The financial strategy that I'm th...

I've got a weird situation with a tenant that I'm not sure what to do. I recently bought a 2 flat in Chicago, and the leases from the previous owner were a complete joke with no security deposit. One of the tenants mo...

If I am currently full time employed in Illinois and fit into the 28% Tax Bracket, what taxes do I pay for my flipped property? Am I still paying 15% of capital gains or do I pay 28% on capital gains due to my current...

I am going through my second turnover in the rental property space since I started acquiring rentals in 2017.  I currently have 5 SFRs.  The first was after a family (husband, wife, 2 young kids) stayed in the house f...

I am running into a financing issue that I can't find the answer to anywhere I search. I am looking at financing options for the next property and what I wanted to do is setup an LLC, have investors (friends and famil...

We have a 2 bedroom unit renting month to month, 2 tenants that are friends in the unit, total rent $1060/mo. Tenant #1 just gave their 30 day notice, she will be moving out of the unit May 9th. The other tenant #2 wa...

Per Oregon law, I posted the pay or vacate notice on the 8th day after rent was due giving the tenant 3 days to move out. The tenant moved out without talking to me and isn't answering calls or texts. Is there any oth...

I'm curious to know for my business model.  What is your turnover rate and the percentage of tenants that leave damages to cause you to not return all of the security deposit?