J Trucha
Occupancy permit change from triplex to duplex - is it worth it?
Hello, I bought and have been living in a duplex in Squirrel Hill for almost 2 years. It is an up/down duplex- 4 bedroom/2bath on the first 2 floors ( currently rented) and a 1 bedroom/1bath apartment on the third f...
Vince Nguyen
Hard lender money for renovation or out of pocket
Hello I currently have about 165k to purchase an investment property. The down payment will be around 45k and closing cost will be around 12k and Reno will be around 150 gut job to get a high arv. Should I use all my ...
Rami Santrisi
Buy & rehab last year, sell this year, what to do for taxes?
Simple answer might be: consult CPA / get one. I'm trying to see if there's a rule of thumb of sorts.I recently rehabbed a home late last year, and spent a lot of money doing it (it exceeds my income from my normal jo...
Matt Lord
Taxes and depreciation question
I’m a newbie here. Been listening to tons of the BP podcasts and I read a bunch of books. But my mind is somewhat simple. I’m having some trouble understanding a few things. My wife works full time, I recently walked ...
Jonathan W.
Warrants out for potential tenants?
Are warrants considered a hard pass?I’m not use to dealing with “C class” like and There were other factors that made previous tenants a pass, standing alone does it always make a hard pass or which warrants out in th...
Andrew Schlessinger
College House Purchase
Good Afternoon, my El Paso, Tx investors. I'm a small investor in Baltimore, Md and my son will be starting at UTEP in the fall (4th Generation UT student!!!). Instead of paying rent for a few years, I'd rather purc...
Andrew Medici
Super cheap multifamily problems
Hey everyone!
So I have a small issue. I found a good deal. essentially an 8 unit apartment building near pittsburgh. I can buy it for about 40k and it will take about 40 or 45 in repairs to bring it to where I want ...
Bernard Davis
HELP! New investor, great deal, existing tenant paying low rent
So I'm working on my first deal as an investor. It's a condo that's got a tenant paying $400 under market until the end of November 2022. It's a condo that will net me $700 monthly after all expenses. Seller has gi...
Jacob Beg
Should I terminate the long term tenant's lease ?
Hello All!My tenant has been renting from me for over four years now. He paid throughout COVID and is often late in paying and I have to chase him a few times but he does pay. There are no arrears, however, he told me...
Lisa Fryer
Sell or hold as rental?
Hello BiggerPockets community!
I need a bit of help deciding if I should sell or hold one of my properties. This is a brand new manufactured home we are installing on a small lot about 10 minutes from our primary. Th...