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One of my tenants signed a year lease and she agreed to pay a little more in rent since she had a cat. A few months into the lease, she notified me that her cat died. Am I obligated to lower the rent since she no long...
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Hi Folks,I've been a landlord for about a year now and there's always something I'm dealing with that the previous landlord neglected. The A/C unit died (it was 30+ years old. RIP) and while the contractor for the Hom...
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The deal was a 7-unit condo investment in the heart of Kansas City. The units and buildings were out-dated and neglected, but the location was unbeatable. There was one caveat...we could only purchase 7 out of the 18 ...
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Hello BP family!I am looking to invest in multi-unit properties for the first time & need to go out of CA to make it affordable. I had bad experience previously with 2 out of state single family units I purchased....
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Estimated cash you will need at closing 16,342$Estimated monthly mortgage payments 730$30 Years Fixed Rate at Interest Rate 5.500% Home Purchase Price 76500$The home is a Duplex Upstairs and downstairs In Good Shape i...
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Do you hire a professional service man clean your rental property's furnace and AC? Is it worth it? How often you do it? I feel like it's not really doing anything, but I could be wrong. Thanks!
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Background: just purchased a 15-unit (SRO type units with all utilities included in rent) apartment building in Central Florida.Current HVAC is comprised of window air conditioners and wall gas heaters. Plan: move to...
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I have a two bedroom, two bath condo that I am updating. It's garden level unit - actually a half way under grade with a crawl space underneath. The bathroom fans were rattling really bad so I pulled them out and fo...
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Hello,I am new to Bigger Pockets and new to real estate investing in general. Without going into too much detail, I have 100k to invest and am considering purchasing a rental property as an alternative investment to t...
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We're ready to close on our first investment property (a house hack) but the sellers say they need until the first to get the tenants out. The contract states the property must be vacate for the property to close and ...