Rijm D.
Accounting for 10% Property Management, what about 1st month rent
I do and I see everyone accounting for around 10% for PM service, but where and how do you account for the 1st month rent they may charge? Or is that not the norm and most really just take $90 of $900 rent to move a n...
Danielle Guarino
issues with buying a duplex...being told its a townhouse..
I am looking to buy a duplex in holly ridge NC. Claim residency on one side and rent out the other. Initially, the real estate agent stated that I would be able to claim both units under one loan; then went through wi...
Joseph Wilson
Abandonment
Tenant did not pay 2nd to last month rents in May. He kept saying each week he was going to pay as I am pretty aggressive with follow-up on late rent. Then I gave him 3 days final notice before eviction procedures.
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Ryan Heywood
Low Maintenance Desert Landscaping (Phoenix)
I was wondering if anyone had recommendations for some landscaping that will add a splash of green without requiring frequent maintenance in desert cities. Currently the area around my fourplex in Phoenix is just grav...
Josh Lustig
DC - Adding a W/D Worthwhile?
Greetings BP! Long time listener...
So I own a small 3 story walkup condo in NW DC (Columbia Heights) - older building, nothing fancy, but rehabbed in early 2000s. I had calculated during my purchase in December that...
Heather U.
umbrella policy/other options
I own 4 rentals recently purchased (with mortgages) and have an umbrella for them. No LLC's. Underwriting came back and has said that since we don't have a car insured with them (our primary house is with them) they ...
Jordan Delima
Renting out my first home I bought
My total expenses cost about 2650 a month. I did some research and came to a conclusion that I may be able to get 2400 a month if I rent it out. I was wondering if it would be worth renting out and paying the extra co...
Tanim J B.
Need help reg house hack in Round rock area
I am looking at a multi-gen house in the area which has two kitchens and living rooms. I was planning to make a 2nd entrance and close and rent out the 1 bd,living-kitchen part.But, i came to know that city of RR wont...
Dave Aheimer
How can I tell if the DSCR is a good rate?
I was recently offered 6.75% (5,5,5,5,5) and 7.25%(5,4,3,2,1) for 75%LTV with a 1PT close on a 700K property I own outright --- Is this a good deal?
Matt Solis
To permit a bathroom or not?
Hey everyone!This is my first post on bigger pockets! I just closed on my 2nd house hack and am currently planning renovations. I’m having trouble deciding the best way to go about adding a bathroom to the house.My qu...