Chris T.
Rent Non-Payment and Lease Negotiation
With the recent report of large national tenants (Cheesecake Factory, Mattress Firm, Subway, etc.) already announcing that they will not be paying April rents, what will be the long term impact? It sounds like some o...
Curt Davis
30yr Loans vs 15yr Loans
So of the 20 rental homes I personally own in Memphis, the first 9 of them were put on 30yr loans and the other 11 on 15yr loans. To give you a simple example of the difference, here is what you can expect:$100k pr...
Brian Palme
I'm BRAND new and ready to go
Good evening BiggerPockets - I hope this post finds you doing well.I wanted to take a moment to introduce myself to all of you. My name is Brian Palmé. I am a full time high school science teacher and a part time rea...
Kim Handelman
First Direct Mail campaign - Failure
Hi All,I recently sent out my first DM campaign. 374 pieces to absentee and out of state owners with 60-100% equity. It hit homes on 11/17. I have had NO responses. I know the whole idea of having to hit people with m...
Dhanush Kondoth
What to do when having an "in house" maintenance guy for 18 units
Hello Fellow BP-iansOne of the tenants I inherited with the property is supposed to be a handy man/maintenance guy. I am in talks with him to see if he could be a full time maintenance guy living on the property. I kn...
John Kwon
BRRR cashout questions (tax related)
So interest rates are tanking so I was about to refinance and take cashout from some properties.But, speaking with my accountant, I found out that interest on the refi will not be tax deductible because I am not plann...
David Shapiro
Do you replace 13 year HVAC system with R22 refrigerant?
Hi All, I have a 13 year old rental property in Austin that needs 4 lbs. of R22 refrigerant. I'm being told by the HVAC contractor that because of the phase-out R22 is $125/lb. If I'd like to find the leak that will c...
Tara Eggenspiller
Intimidated / Trying to figure out which path to take
I have about 6k so far. By the time my apartment lease is up (Sept 2023), I will have about 10k (I'm able to save about $500 a month at the moment). Obviously, this is not enough for a 20% down payment. So this leaves...
Robin Lambert
New to Long Distance Rental Property Investing
Hello everyone! My husband and I are new to real estate investing. We have been researching a lot and are anxious to get our hands wet. We live in Northern California so investing in our area (and California in genera...
Elena Koyun
Negotiating price down after inspection
Hello,We are buying our first duplex. After the inspection about to ask for a price reduction. Since this is our first time I was wondering on opinions of others on how much to ask and how to include the cost of labor...