Daniel Luedtke
Raising rents on inherited tenants
I bought a triplex back in November, inherited tenants. They've been pretty good so far. However, the old owner was paying the water, internet, and trash (about $150-$175/mo). I want to up the rent to cover these cost...
Lagic Prize
Thoughts on My HouseHack Plan in Laurel MD
Hi BiggerPockets community! I've been watching podcasts for a while now and as I'm getting closer to making my first real estate investment, I decided to create an account with hopes that I can get specific feedback o...
Anthony O.
Does a refi make sense?
Hey Guys and Gals,Looking to make sense of a deal that I’ve closed on and just completed a rehab. Purchase price of 115k with 10% down @ 4.75% with a P&I of $654/moLoan balance of 103,500Rehab cost of 10kARV of wh...
Hitanshu Shah
Fundrise - Successfull Investments ?
Hello AllI am wondering if anyone has used this crowdfunding platform and was able to get their principal back along with the returns they advertise? Also, long term holding is ok with me but what is the minimum durat...
Unai La Salle
Thoughts on Which Property Management to Use
Hi all,After much legwork, I have narrowed down my choice for a property management for a 5-unit property in Pilsen to two. I am having a hard time deciding and would appreciated your thoughts. Management A - they ch...
Akshay Vig
Evicting a Month-to-Month Tenant in New York
Hi All,
I own a Triplex in Buffalo, NY, and could use a bit of guidance on what to do regarding evicting one of my tenants.
I had a couple with 2 kids a sign a 1-year lease in June 2019. For the duration of the leas...
Chris Wenchell
Cashflow vs. Cash on Cash Return
I have been using the rental calculator for a few weeks now, and I know it's best to have at least a $200/unit cashflow on 2-3-4plexes, with at least a 12% return on investment...but when I changed the down payment fr...
Steven W.
Master Lease template for rental arbitrage
Good evening,I'm thinking about moving forward with having an investor take over one of my properties and sublease on AirBnb. In the past I did traditional landlord but I am being over 20% over market value. I underst...
Chris Stromdahl
Tenants getting a divorce
Hello,I got an email this evening from my tenants about them deciding to get a divorce. They have lived in the house since December 2014 and are great tenants overall. Of course though, I want to protect everyone's in...
John King
Important Financial Statements
Hi Guys,
When seeking financing, whether it be from a bank or private lender, what types of financial statements should be presented to show the lender professionalism and that due-diligence has been thorough...