I know this title might be confusing but this is what I tell new investors or friends when I meet with them. Cashflow Should Not be the only thing you Consider when Buying Rental Properties. Like many I started my Rea...
Howdy Bigger Pockets Members!It's coming time to renew leases for some of our units and my business partner and I closed on eight more doors in January on two quadplexes in College Station that had way below market re...
I am preparing a rent increase letter, and figured that I will increase by 3% (currently $1500/mo).
I know large complexes (especially those run by REITs) usually increase by a round number of $100 on a $1500-1600/mo ...
We are fairly new investors, have 3 rental properties. We are about to sell one of the property. When we bought the house as per inspection there were some minor repairs needed but we did not get them fixed at that ti...
A property's operating expenses are those that it incurs on a monthly or annual basis and are considered regular and continuing. Expenses like this include things like property taxes, insurance, maintenance, administr...
I have a single-family rental house with an excellent tenant who has expressed interest in purchasing the property on a rent-to-own contract.My question is: 1. What is the best setup for a lease option agreement? ...
Hello BP Family, I’m under contract for a new construction home where the market value has increasingly gone up in the last few months, and my realtor is sure it will get appraised for more, is this a good thing or a ...
The entire left coast has become a joke. Landloards can't enforce lease terms and basically have to let tenants live for free while they damage the hell out of the place (situation I'm facing).Attorney I spoke with to...
Hello everyone,
I'd appreciate your insight on a situation. We're in the process performing a full renovation on a two-story home built in 1926 located in Fort Worth, Texas, with the intention of flipping it.
The...
Why and does it matter?
When properties go up in value, property taxes go up with the "value". When housing prices go up, obviously you pay more to buy houses and it becomes more difficult to buy. Income taxes incre...