Kimberly Vallance
Sold rental - need tenants to move early
Hello Bigger Pocketers!I have accepted an offer to sell a rental, but...it means my tenants have to leave early. So, it's me breaking the lease agreement not them. They need to move out 1 month early.My lease requires...
Jay Helms
Vacancy Expense
If you own a property free & clear or when calculating for a cash purchase, do you still calculate a vacancy expense when determining cash flow? Why or why not?Cheers.
Budhadipta Dan
ADU rental on primary residence — depreciation question
I m debating whether it would make sense to build an ADU on the backyard of our current SFH property in South Bay Area (San Jose). Had a few questions: - I understand that mortgage interest, prop taxes, insurance, and...
Christopher Drane
Raising Rents as New Owner
Hi All! I just purchased a 4-plex. 3 of the units are leased month to month and have long term tenants (13 years, 4 years, and just over 2 years) The 4th is going to be owner-occupied. The rents are currently well b...
Jason Lucas
Two homes on a single lot - what gotchas should I be aware of?
Hello,
I'm a first time landlord. I'm looking at a property that has 2 homes located on it. The description states: "it is a Invest type of property with 2 houses on one parcel that CANNOT be separated per the city"...
Marcel Lorincz
Taking out HELOC on Prim. Residence to buy Inv. Property
Hello,I know there were similar questions already asked, but I would like to ask this specifically:1/ Can use HELOC from my primary residence to buy an investment property and be able to deduct HELOC interest as busin...
David Britt
2 Units, Lender Insists 1 Lease
Two structures on one lot. Structure one is a typical 2 story house. Structure two is a 2 story building with an apartment above a garage. The obvious plan is to rent to two separate parties on two separate leases,...
Julien Okey
Dayton, OH investors?
Anyone live near the Dayton, OH area? Looking for a real estate investors group or people to start connecting with!
Adam S.
How to ensure the "corporate veil" is not pierced in a s-llc?
Hey everyone,I'm still undecided about whether or not to do an LLC for a single commercial unit I own and rent out (no loan). A family friend is an attorney (real estate isn't his primary, but he dabbles in it) recomm...
Jay Moore
Advice Needed for making a Medium Term Rental Contract
Hello BiggerPockets Community,
I'm a newbie landlord I've decided to offer my property as a medium-term rental (typically 1 to 6 months). I believe this duration is ideal for attracting professionals on temporary ass...