Bryan Hylenski
Quick Question for Quickbook experts!
Hello AllTwo tenants. 1. Move out Tenant, left the place a mess. House needed cleaning, so we billed him 75$ for cleaning penalty fee.2 Move-in Tenant said she would clean the place herself in exchange for the 75$...
Matthew L.
Lessons from My First Purchase
I just wrapped up a busy (and cold!) week in Owings Mills (outside of Baltimore), where I was rehabbing my first rental property. Being my first real estate purchase ever, it was exciting and intimidating to go throug...
Jade Davis
For LL's that manage their own properties-- what do you use to handle finances?
Hi fellow BP'ers!After much hemming and hawing about it, I decided that I would like to manage our first property on my own in the beginning rather than hire a property manager from the get-go. I want to at least know...
Alick Patrick
Want to start investing but can't get approved
Hi! I'm a newbie. I had two properties that went into foreclosure or short sale 6 years ago during the housing market crash. Up until last weekend I didn't think I can get another property again but due to an unexpect...
Iman Yu
cash deals: when should you buy a house cash?
So I have been running my cash flow in Houston area for both SFH and multi's. I am pretty comfortable calculating the monthly cash flow, Cash ROI/CoC, cap rate and etc. I am seeing some good cash flow and some bad one...
Justine Scheuher
"Bad" First Home Purchase and House-Hack, Thoughts?
@Scott Trench ruined my first home purchase. Just kidding...kind of, but in a good way.This year, May 2017, I bought my first house. Renting felt like I was throwing money away so I thought I was making a smart inves...
Kelly Farley
Seems like a deal, right? Need a nudge
I am new to multi-family investing. Since finding Bigger Pockets earlier this year, I've been focused on learning more about analyzing property. I started out with looking at single family but after listening to the...
Nancy DeSocio
Application Fees - advice on how to process them
Hi All,I have my first showing tomorrow for a vacant apartment, and it's a group showing. My question is with regards to application fees. If I get a bunch of people who apply (fingers crossed!), I assume some might...
Daniel Kent
Refinance from negative cash flow to positive cash flow
Hello BP Community!I have a rental property in Philadelphia which within the past year I just refinanced to reduce the term of the loan from 25 years to 15 years. This property was originally purchased as my primary...
Steven Straughn
Create LLC for family-owned rental?
Hi BiggerPockets. I'm looking for some advice regarding the transfer of property from my in-laws to their 3 adult daughters. I will, of course, seek advice from a legal/tax professional, but recall from time that I pr...