My younger son joined Bigger Pockets a couple of months ago as we had decided to start investing in RE. He and I have formed an LLC for the partnership. We are going to use a buy and hold strategy investing in sub 50K...
I recently purchased an investment property in Montgomery, AL—a 5-bedroom property close to a major hospital in the area. It has an inground pool that I was initially set on filling in. However, lately, I've been rese...
As a buy and hold real estate investor, can you charge a tenant for repairs if they do not take precautions during a freeze by opening cabinet doors, letting water drip, covering outdoor spigots etc. which cause pipe...
Hey everyone. I have heard on the shows and from investors that when they make improvements to a property they "tenant proof" them. An example of this I have heard on the podcasts is vinyl flooring that is durable a...
My wife and I closed on the sale of our first flip this afternoon and are pleased with our first effort. We bought a 3/2 sfr at a courthouse auction for about 124,000 on April 11, had to file suit to evict the former...
I have have a duplex that was converted into 4 units. The added upstairs unit has very low hot water pressure because the hot water heater to all units are in the basement. Any suggestions or contraptions I may be ...
Apparently there was a 'hiccup' with the gas the other day, and my tenants needed to relight the stove, fireplace, and hot water heater. They told me that on the heater they removed the door with the sticker that said...
2 of the tenants in a 4plex I manage have been complaining that their electricity bills are almost double their normal amount. They both say that they have not been using more energy than normal but the bill for a uni...
M.U.L.T.I. Stands for Money, Utilities, Legal, Tenants and Investment. All of these intersect in your Multi Family units. Each discussion I would like to focus on one aspect of the M.U.L.T.I acronym and get people's f...
The title says it all. I am just curious:For those with SFH rentals...How many properties do you have?What is your average turnover rate?What is your average turnover cost?