Dario Delkic
Sell or Rent
Hello All,In a bit of a dilemma:I am moving out of a state and currently own 2 properties in NY. The one I am currently living in, and planned on renting out, is a 5 bedroom/2.5 bath/ single family house, that I plann...
Marco Jove
Area rent temperature
Hello everyone. Can anybody tell me what its the best way to evaluate the rent demand temperature at any particular area? I am using rentometer and zillow rent valuation to get an estimate rent amount but I would like...
Nick Cassidy
Configuring Average Rent
Hello all,I am about 16 months out from putting my first offer in on a multi-family. I plan to do an owner occupant loan, and I want to know if you all know of any good average rent calculators that base the rent off ...
Sanjeev Advani
Rent VS Buy
This is a rent vs buy chart. What this shows is, it costs the same to rent or buy, but because the value of your house should generally go up you will have some appreciation which will make you money in the long term...
Anran Wang
Rent collection method
Good morning everyone,I am struggling to find a good way to let my tenant pay his rent. It's a single family house with a tenant who doesn't have a bank account, doesn't use smart phone nor computers. What are my opti...
Timothy Lim
Below market rents
On occasion, I get presented with a multi-family property where the owner/agent says the rents are below market, therefore, it justifies a higher purchase price. The price should reflect market rents, etc.Does anyone ...
Lynn Hill-Torres
Electronic Rent Collection
Hello BiggerPockets family. We are working with a landlord, managing one of her tenants as a way to gain experience for when we finish renovating our property. I remember in Brandon Turner's book, he said one way to...
Russell Brazil
Raising The Rent
I had a tenant turnover this month, and the unit is going up $200 a month. I have another turnover Nov 1 in another unit and that unit is going up $100 a month, then January 1 the rents are going up in my other 4 unit...
Emanuel Papadakis
Rent or sale?
So, here is my dilemma. I moved to Maine 2 weeks ago and I put my house for sale, which I had for 2 years in Westchester, NY with lots of traffic but no offers. My current mortgage balance is $332,000 (4.1% apr) and t...
Susan Clark
Systematizing rent payments
I recently purchased and rented out my first rental property. I took the deposit and first months rent in person but informed my tenant that I wanted to automate things and when I found something I'd let them know how...