So I just had my tenant move out after approximately three years. All in all the damage was very minimal and most of it just needed fresh paint or cleaning. Aside for some of the structural damage done, the oven was a...
Question for the larger community - what is the convention on existing tenant security deposits when purchasing a turnkey rental property? Should they be passed to the buyer? Taken off total closing amount? Previous o...
Hey everyone. Can you write out some easy-to-understand examples of the math for paying back a hard or private lender? This is how I learn. I love to see realistic examples. What are the exact math equations for your ...
I have a tenant who is becoming a very large headache. He agreed to pay $900/month alone, yet every month has another sob story about why he can't pay on the 1st. His lease states that subletting is not allowed, but I...
Rental income taxes can be confusing for real estate investors but it is crucial for investors to understand the filing process, deductions, and tax rates in order to be successful. There are a few key points to each ...
Recently purchased a triplex with tenants already in the property, thus I inherited their security deposits. One tenant had to leave but had been in the property for 4 years. Their security deposit was $450, they want...
I own a student housing rental in a university where most students sign leases about 8-9 months in advance (signing around October for a lease that starts in June of next year).
My question is, at which point do mos...
My wife and I are looking to start building a portfolio of rental properties and really are just trying to get a handle on the whole process at the moment. I was wondering if I gave a possible scenario if I could get ...
Am I missing something? I've got North of 150k in sfh's with my LLC. I want to get a business loan, 5 year term, 15yr amortized, around 7% APR: rougly 70k loan. LTV would be 70%. I WANT TO DO A FLIP!! 5 years studyin...
Hi everyone. I need to submit an offer to purchase through seller financing. I have no clue how to start. I have used the offer to purchase contract for single houses from the Biggerpockets, but I am not sure if I ...