Gregory DeRosso
What would you do? Probate and Capital Gains and Multiple Partie
So here's the story. I'm asking for good friend who for some reason doesn't and wouldn't join biggerpockets after we were talking about how great REI is. He was asking me what I would do. His father bought a multifa...
Ali L.
Security deposit remedies in NYC
If you're a landlord in NY, you know you are only allowed to collect 1 months rent as security deposit. On 2 occasions now, I've had people move out and not pay last month's rent and expecting (with my express disappr...
Raymond Hill
Dog in 2nd unit (Husky Breed)
Hello Everyone,I have a client who is asking for some advice on a 3 family he just purchased. In particular, a tenant has asked her if she can can have a dog. It's a husky, and the tenant tells her that it is trained....
Eric Grant
Should I start looking for a job? Financing issues.
So, my situation is this. I'm looking to finance my first purchase but I've run into the issue of not bringing in what is considered to be enough income. I quit my last job so that I could go back to school and focus...
Scott Jeannerett
First deal-10 units-three duplexes and a 4-plex
Hello BP!!I am currently working on my first deal and I'd LOVE to hear some feedback. It's 10 units, three duplexes and one quad with a total income of $6k/mo. The purchase price is $410k, taxes and ins. will be app...
Cynthia Elder
[Calc Review] Help me analyze this deal
View report*This link comes directly from our calculators, based on information input by the member who posted.
Zak Smith
I'm new, where do I go from here?
Hello everyone, I'm new on this site and I'm also new to real estate. I purchased a condo in 2017. Its a 2 Bdr 1 bath. I recently just took out a HELOC on it for $25k for a down payment on a 1Bdr 1 Bath rental propert...
Daniel Sabato
Options for Tenants Refusing to Pay Rent Right Now?
Anyone having issues with tenants refusing to pay their rent right now? Does anyone have suggestions for dealing with this since they cannot be evicted at this time?
Steve J.
Question on Repairs
Hello BP,When it comes to repairs where do we draw the line on something that we need to repair vs something the tenant is responsible for at move out per the security deposit? I have a rental that’s being managed by ...
Jason V.
What is Overleveraged?
This thread is inspired by an ongoing debate: Possible to grow without debt?My question isn't whether I should use debt or not - it's how to know when I am over-leveraged. I know there is a degree of personal "feel" t...