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Hello everyone, just a little background first. We own a unit in a quad plex that we currently use as an STR. There are two other owners who also do STR. A, who owns half the building and B, who owns the unit directly...
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Good Morning Biggerpockets,I am reaching out on how to create a documents that will be signed by myself (buyer) and the previous owner (seller). I recently bought a house in Baltimore so I could get my feet wet in rea...
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Hello all,I need your advice regarding an emergency. I have a triplex in San Francisco, where the third floor tenants are protected and paying below-market price rent. They have been there for two decades, and I inher...
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Hi BP Experts,We had a roof leak that basically destroyed most of the inside of a house we own. Our contractor said repairs will cost $24k but the insurance company is only paying out $6k towards repairs. How do we ...
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Investment Info:
Condo buy & hold investment.
Purchase price: $144,000
Cash invested: $800
Deal was on the MLS, used owner occupancy loan as my primary residence. After a few months I realized th...
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The apartment below mine reported a ceiling leak. I’ve thoroughly checked my unit, and there is no sign of a leak coming from my apartment. At the time of the leak, my tenant was showering, but everything around the b...
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How would I go about using a HELOC on my house as a down payment for a rental? What are the steps and how do lenders react when you go this route? Can’t seem to get a solid answer from anyone when I ask. Thanks in adv...
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[Advice needed]
Tenant has made multiple trivial maintenance requests and are forcing the maintenance request to be done via rent escrow in the court, we have fixed some, and some of the others, we are in the midst o...
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Hello again,So I own a unit on the second story and my tenant (who is being removed and moving August 3rd due to non renewal of contract) has broken their toilet twice.Water has flooded from my powder room into his po...
I live in a 36 unit 3-story condo in seattle, wa. I am on the third level. The building was built in 1956 and then in 2008 it was renovated into condos. I purchased my unit and moved in in 2014. It is a 1 bedroom 500 ...