Hello all,I have a few questions. I am currently reading a description on triplex that has been recently made available. I like to see what’s for sale every now and then as I am still in the process of saving enough m...
Hello BP community,I recently created an LLC to manage my rental property and separate business and personal expenses. I have questions about how to use my business checking account to pay for expenses for the rental...
I pay for internet, gas and electricity each month but the bills are under the tenant's name. He reimburses me for them but I'm the one making the payments. I'm adding his reimbursements as income but can I deduct the...
Hello all, this is my first on the BiggerPockets forum. I was referred by another young investor for networking and other real estate advice. In January of this year I bought my first home with my wife. We purchased a...
I am familiar with the stages of buying a single family home. However, I realize the process for buying a mixed use building or multifamily is different.I have done some online research to answer my question, however,...
We just experienced our "pacific height" and completed the eviction process. I want to share my experience with you to see what we can learn from this.
1) A Brother and sister came and rented our house. They ...
Hello BP,I'm in a situation that I'd like to hear from other owners on. The PM company I use placed a tenant in one of my properties with a lease start date of May 1st, 2019. The PM company told me everything checke...
I saw a few people who recommend to roll the sewer/water bill in the rent costs so theoretically you could charge more rent to absorb that cost. For my area that works for heat but it does not seem to matter for ...
I've never rented a house, only apartments before I bought my first and only house.Is it so commonly known who pays which utilities that landlords don't bother listing that detail? Is there some other reason?Who typic...
Hey BPI'm thinking of making my first offer on a triplex and I was hoping to get a quick sanity check and some advise about an interesting aspect of this property. I'll start with that.One of the tenants is a convenie...