I have a lease expiring at the end of January. The tenants have paid for neither December nor January. They have ceased communication, even when I attempt to discuss utility transfers. I am under the assumption that t...
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Hi, I'm looking to buy my first rental property in Riverside, CA. This is my first rental property that I plan to househack on an FHA loan. I will not buy anything over $450,000 and will rent out the extra rooms. Are ...
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Hey all, i am a 24 year old currently renting in Philadelphia (Fishtown to be exact). I am looking for guidance on starting out in real estate by house hacking. Definitely want to try and stay in the area but I am ope...
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Hi, I have a property in another state and I wanted to get advice on managing it remotely. I have been managing this property remotely for past 5 years by traveling upon renewal time, I am pretty tech savvy, don't min...
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Hey I'm hoping to get some feedback from those with more experience landlording than me.I purchased a 2 family house hack situation 5 years ago. I live in one unit and we inherited the tenant in unit 2. Upon purchas...
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I have never been completely comfortable with the whole last months rent situation. My lease states that the security deposit cannot ever be applied towards rent. Well, it has finally happened and a tenant is trying...
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I just spoke with a local real estate lawyer (Washington State) about setting up an LLC for buying rental properties. I have yet to buy my first property, and I was advised to form an LLC before doing so to protect my...
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I'm wondering if it's a good idea to open up a different LLC for each rental property or is there too much headache to make it worth it? Also, I'm not asking on whether I should start an LLC vs an umbrella policy. Th...
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Hello BiggerPockets Community!
I'm new here and excited to dive into the world of house hacking. My partner and I live in Long Island, both in our mid and late 20s, and we work in tech. Our household income is curren...
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My wife and I currently have a 2bed condo, partnered 50% with some friends. It was a new build, we took possession mid-July and had it rented by mid-August.Now that it's up and running, income coming in, etc. we are l...