Carl Fredrickson
Raising rents to market
If your rents are below market (say 10+%) and you’re doing a value add, do would you bring the them up to market in one move or spread it out over a couple of years?What would affect your decision? Would you act diffe...
Michael Riley
Rural rentals and lp gas
My wife and I are new investors. We have a contract to purchase our first rental. We are waiting for our solo 401k setup so we can go to closing. This single family home is in rural TN. and has propane gas for heat. H...
Timothy W.
A foreclosure was vacated by the mortgage company?
Never heard of this one before and was hoping I could help out a potential buyer of mine. She had a property where the mortgage company started foreclosure proceedings against her, but she was able to sell the proper...
Donald MacMillan
First Deal! Now how do I raise the rents?
Hey there Bigger Pockets community. I am in the final stages of closing on my first deal. It is two duplexes on one lot. The lot can be subdivided, which is my plan to add value to the properties as they could then be...
Josh Wood
How much too offer for REO/Post foreclosure bank owned home?
How low do you go when making an offer to a bank on a REO Property? I am looking to flip a property in West Michigan. However, in my opinion, the bank is asking way too much for a property in which they own. They are ...
T.C. Smith
Property Manager Tendencies
I'll ask blindly. Is it normal for a property manager to move a tenant in without letting you view the tennant to approve/disapprove?
Mike A.
Property managers reviewing tenant apps
We have a few buildings that we do not manage directly, and the new property managers are managing them for us. Overall, they are doing a pretty good job so far. There have been a few applicants for the handful of vac...
Dhruva Patel
Half family occupied, half rental
Hey experts,I recently bought a condo under my name and created an LLC. The condo is under my name but the LLC was created because I planned on renting out half of the space. My brother will be living in the other hal...
Zachary Scott
Landlord states they'll pay for lawn care. Need advice
Hey guys,I rent the home my wife and I currently live in. In the lease agreement, the landlord stated that his company will pay for lawn care. Well here it is mid April in NC and if you're familiar with the climate he...
Amy Mitchell
Should I Open A LLC For Rental Property
Hi Everyone - I'm new to real estate investing and hoping to purchase my first MF property soon. Should I form an LLC before I purchase the rental property? And I hope to eventually purchase multiple MF properties, ca...