Cat R.
Residential lease clauses
What are some of the clauses you use for your residential leases? I am working in a new rental and plan to include a clause for pests. We will only cover one extermination and the tenant is responsible for any others ...
Timothy Mitchell
First Multi Family Investment
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Westbrook.
Purchase price: $376,000
Cash invested: $20,000
4 Unit found on the MLS.
After acquisition:
Utilities were se...
Matthew Slaughter
Upstairs Tenant Playing Loud Music All Night, Downstairs Tenant Called Cops
Hey BP Community!! I woke up to a text this morning from a tenant living below a tenant who was up all night blasting music. The cops were called by the lower tenant. Wondering what the next steps are for me as a l...
Jason K.
Local house hack available.
Ive never house hacked exactly myself but I have created some value added opportunities and make a decent amount of money with the properties I am currently managing.This property has been on the market for a while he...
Tim Lindstrom
Lithia Springs, GA - SFH - Tim LIndstrom
Just closed on my second Rental property, but my first major rehab. This one is a 3 bed 1.5 bath with full unfinished basement. I purchased it for 43.4K and estimate about 30K in rehab to get it rentable. I am meet...
Cary Lin
HOA's weird interpretation of what a garage is
Hi fellow bigpocketers, I have a question on, to me, a weird interpretation of what a garage contains from our condo association in NJ. Our condo contains a 2-car garage that our unit can go into directly. However, ac...
JayCinta Henry
TOTAL INITIAL EQUITY
In the Rental property calculation report how is the TOTAL INITIAL EQUITY arrived at? Quick snap shot is cost 110,000down payment & closing 12000rehab 30,000ARV 170Rental 1450/monthTOTAL INITIAL EQUITY in the repo...
Daniel Ferster
HEROES Act discussion
As many of us are aware the HEROES Act is being voted on in the house on Friday. Part of the legislation states that you can not evict a tenant for non payment of rent for 12 months if this bill is passed. What is ev...
Monica Narvaez
Should we give a copy of our inspection?
As potential buyers in NYC are we supposed to handle the current owner of the property a copy of the inspection certificate considering that we pay for it?
Any help out there?
Stan Plebanek
Has anyone ever done this?
I have a friend that is looking to relocate. He has a nice home that does not need any rehab. If I took over the payments subject to the existing mortgage, it would cash flow but there is always the posibility of th...