Ruth Ann Morris
Passing the cost of utilities on to tenants
I am considering purchasing a duplex in Sioux Falls, SD that does not have separate meters. Up until this point, from what I understand, the utilities were included in the rent. That works great if you own the place...
Mitch Davidson
Another great benefit MTR has over LTR
I launched an MTR in Asheville, NC in 2018, and have had 13 tenants so far. After the first few turns I realized that compared to LTR the MTR model has a great additional benefit, meaning additional to the increased c...
David C.
Schedule C or Schedule E ? Pros - Cons
I have read sources/watched videos, etc. regarding reporting rental income on your Schedule C vs. Schedule E. Each source comments on why one may be better or the other. Frankly, it seems like depending upon the sou...
Manny Cirino
Call to Action - Lakeland Investors
Reposting on behalf of the PCREIAIt has come to our attention that the City of Lakeland is working on a proposed Resolution and Ordinance relating to the registration of residential rental property. Code enforcement w...
Mary Jay
What is the proper way to deal with the security dep notice if no forwarding address?
The tenant broke the lease and moved out and left a mess
I sent the message that the secutity deposit is not enough to cover the expenses after the tenant moved out to the last known address of the tenant (which is m...
Jon H.
Newbie Columbus, Ohio - Minimal Experience, Desire to Wholesale
Hello BP Community! A close friend told me to check out the BP podcast. I listened to over 10 episodes on a drive from my home in Columbus, Ohio to Connecticut and back. I've had a desire to get into flipping for...
Eric Matuszewski
Newbie looking to start in Milwaukee WI with Multi-family rentals
Hi Bigger Pockets, I am getting ready to pull the trigger on my first property. I am interested in starting with a owner occupied multi-family property (2 to 5 units) in the south suburbs of Milwaukee WI. This propert...
Jeff Ju
Request for a payoff and reconveyance
Hi all - I did a search here but couldn't find a consistent answer. Hoping for one here. Situation: This is my first time lending money. It is a first position note for 12 months to a borrower who paid 6 months of int...
Ade O.
Hud requestiing bank statements from a hard money lender
I just had a deal fall apart because hud requested the hard money lender show a bank statement or letter from their bank showing they have enough funds to close the deal, when I told the lender about this they were du...
Darryl Dahlen
Great read on different capital markets
I received this from one of my lenders and thought that it was too good not to share. As someone who primarily funds loans from CMBS, agency, and insurance companies I think this info is on point.Despite turbulent ca...