Joseph Lyons
Starting Off in Multifamily
First time poster, long time lurker!!!My fiancé and I have just made our foray into small multifamily. We bought a 6 unit multifamily. 4 of the 6 units are occupied. All tenants are paying substantially less than mark...
Account Closed
Roommate drama with my tenants
Hello Bigger Pockets community,I have a single family property in a college town that I lease out by the room. Long story short, I have 2 extremely good tenants that I screened well and came out ahead of most applican...
Demetrus Gibson
Wholesaling question
Hey guys, I have a buyer that wants to have the house inspected before he buys. He said the gas and water had to be on at this time. When we are going to assign the property how do we go about this?
Thanks for your h...
Alex T.
Leasing a condo to multiple tenants
Hi Everyone, I wanted to know if anyone has experience renting a home or condo to multiple individuals? I am planning to rent my condo in CA to 4 individuals, the condo has 3 beds and 2 baths. I will be paying utiliti...
LuAnn Vigen
my town won't put the utilities in the tenants name on a SFR
I'm looking for advise on how to handle the water, garbage and gas bill for my single family rental. The town no longer switches them into the tenants name, so I am responsible for it.Do I send a bill to the tenant ea...
Jordan Decuir
Option Period Extension Request due 2 Seller's Contract Violation
I am on day 6 of a 7-day option period to purchase a sfr in the Houston area. Our contract explicitly states, " Seller...shall immediately cause existing utilities to be turned on and shall keep the utilities on durin...
Ryan Billingsley
Utilities switched before closing on the properties?
We are closing on two properties next week. The owner has just informed us "they" turned the utilities off and wanted to know if we wanted to have them turned on in our name. Is this normal to have the utilities swi...
Ben Feder
How do you estimate regular expenses on multifamily properties?
When buying MF (residential and commercial), how do you estimate utility costs, capital expenditures, etc. before you even know the market prices? Or how do you find out the market prices for these different expenditu...
Chris Luksha
Looking for feedback on a potential first buy and hold duplex
There is a duplex just up the road from me for sale from the NH Housing Finance Authority. It needs approx $40k in repairs - mostly external - and there are bids on it in the 50s and 60s. I can potentially get a comme...
Jason C.
My father-in-law has a duplex...
My wife's dad has a duplex with a mortgage of $90k and it's probably worth about that. Total rents are $1200 / month including utilities.
What do you think?