Hello,I have two situations that I need advice on. I just had a tenant move out who left the house in good condition especially given they had two cats, a dog and two kids in the house. My lease states that they wer...
My new tenants unit flooded 2 days after signing the lease. It was caused by a clogged AC drain line. This has required removing carpet from 1 of 2 bedrooms, and will require replacing laminate flooring in a large par...
I am fairly new to the real estate space, and am considering becoming an agent. My understanding is as an agent with a company (Century 21 for example), I am still considered 1099. Would it be wise at get a LLC? If...
Yes, I am seeking legal consul on this specific question. But as I am trying to get through to any attorney these days, I also want to ask the BP community in parallel for any clarification.
I want to serve notice ...
Hello,
I recently bought a property in Cleveland and inherited the tenant. The tenant is amazing and has been there for a long time, she says she has no plans on leaving. The property is rented at 850 a month with ...
We are very excited. We closed on our first 4 unit property last week and are beginnig to meet with the current tenants. We have a 4 year tenant, 3 Year Tenant, 2 Year Tenant, and one that is coming up on first year.
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Hey BP! I've done a few SFH flips/rentals. I'm now looking to get into the multifamily game with some partners. This agreement would involve me finding the deals and doing the legwork while the partners put the mon...
Hello,
I'm fairly new to bigger pockets and in fact fairly new to real estate investing. I'm currently looking at a multifamily property to purchase and the numbers are looking good. According to 50% rule or ...
I am doing taxes for my parents. They have a home that they bought 30+ yrs ago. In Jun 2011, they moved in with my brother and rented out their home for income. Besides social security, that is the only source of i...
A parent split down payments with me after receiving an accident settlement at age 18 to co-own two multi-fam properties located in different states. But now over a decade later, I realize they've not been managed pro...