Just curious as to how much you guys are keeping in your emergency fund per door, unit, etc... for cap-ex, vacancies, repairs...?
I've been putting away a certain percentage ea month, but at what point can I skim the...
Hi BP, I wanted to ask and see if anyone follows the California marketing esp the Bay Area? We all know SF is a hot place but what about the East/South Bay? Seems like sellers or agents are listing properties at all t...
When is Tenant Appreciation day and do you celebrate? Thinking this could be an incentive for tenants to and who pay on time. If you participate, what do you do for your tenants.
Hi there, I have a HELOC with a balance of $82k that is under a 0.99% promo rate until the end of August. In September, the HELOC goes to the prime rate. What I'm trying to decide is if I should prioritize paying this...
Hey BP community,
We just bought our first property that we plan to use for short term rentals. We currently have 4 long term rentals so this is the first time we will be working in the short term rental space.
A f...
Hi,
I just purchased a 4-family house. One tenant told me she wanted to stay even if I increased the rent. On which I said: "We can discuss it after we close". Now after closing I have 2 issues:
1. Is a rent control...
Hello fellow rookies!
Current situation I have a primary residence in MA and a SFH home LTR in Akron currently on a 1 year lease.
My question is… do I look in the same area Akron for my next deal? Either SFH or sma...
I am in the middle of purchasing a 4-unit from an acquaintance/friend and it's been a great process; friendly and easy for both of us. All four of the leases will end shortly before we're able to close and the seller...
Anyone think Canada is in for a major correction? Any thoughts welcome...
Hi Bigger Pockets.What do you do if your roommate tenants don't "like" each other? I've recently offered a lease renewal to my 3 roommate tenants - 2 of which have been living together for years - and It's just now co...