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My husband and I have just started investing. We both make good money to be able to support our household whether it’s just his or my income. Would it be a good idea to keep both of jobs and maybe reduce hours/respons...
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Hello BP,
I'm an experienced investor in SFH/condos and I'm considering purchasing my first 12 unit in New Mexico. I have it under contract for 183K. It is actually (3) 4 plexes on 1 lot. It is in a mixed area, s...
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Hi all!
I hope everyone is doing well & enjoying this time of the year :)
My tenant complained there was mold in certain areas around my rental.
She said she found mold in the shower (understandably) , but also...
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Hello BP community,I am a multi-family investor, up until now I been investing primarily out of NYC. Recently I have started to to explore the NYC Market. A Broker of mine brought a deal to me located near Colombia Un...
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I just looked at a single family home 3b 1b and it is on .88 acres. Overall my wife and I think it is a great buy and hold property for renting out. My only concern is the land. This amount seems to much for a p...
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Hey y'all. I have a tax question regarding how to report my rental income when my tenant made and paid for improvements and I am reimbursing them by lowering their monthly rent.
When I signed my tenants into a year ...
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I am evaluating a deal for an REO house 2400sf (4br, 2.5ba) in Seaworld area of San Antonio. Corner side, bricks in four sides floor to roof, large front and back yard and well established neighborhood. The bank initi...
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I have a prospective tenant with a credit score of 577. He shared his Experian credit report with me but was surprised that his score dipped down to 577. He explained that it had gone down at least 100 points becaus...
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Hello guys just wanna throw this out there to see what you think. Let's say I buy a two family house that generates about $800 profit every month. That's after all expenses are paid. The taxes keep going up yearly. Ar...
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Hello BP nation,Does anyone know the best PM company rates to negotiate for? I heard first month's rent of any new tenant plus 10% monthly for all routine issues managing the property. Any jobs or issues outside routi...