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Hi Everyone, thank you for your time, I am a newbie so please be nice! :)
I have following Assets:
Rental property - Purchase price 120K (Current Value 200K) - fully paid - bringing $1450 a month
Primary Residence ...
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How can I not renew a lease for a tenant?
The situation:
- Shared housing (as in, it's my house, and I have roommates/tenants)
- Tenant rents out one bedroom, has access to shared living spaces
- Tenant's 1 year lea...
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Hi everyone,I have spent the last 6 months saving about 60% of my income so I could finally move forward with my first multifamily property. I saved 30k and plan on using FHA loan to house hack one of the 4 units (loo...
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Hi everyone, my questions is concerning raising capital for SFH and since I am new to REI for now I need a more creative way to invest. I understand raising capital for MF like large apartment buildings, but could it ...
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I am here after reading Rental Property Investing by Brandon Turner. A friend and I are eager to get started and I am looking for the best practices to get the ball rolling. Currently located in Central Illinois/Chi...
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Hello, my first tenants just moved out. I'm located in California and I'm not sure what I can deduct from their security deposit. Can you guys take a look at my pictures and let me know if this is normal "wear and tea...
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Hello BP Nation - I have a question about the use of a living trust from the perspective of a buy & hold investor. I am looking into setting up a living trust with an attached pour-over will for the purpose of...
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How can I estimate rehab costs? I’ve never done a BRRR before I have no idea what anything would cost. I think it’d be best to walk the property with a general contractor but I’d miss out on the deal. Any advice here?...
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There's a lot of speculation about a housing crisis in 2021, I've read some articles that predict absolute doom and gloom while others seem a bit more optimistic. What do you guys think are the top five things multifa...
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We are using FHA to house hack. We found a duplex near Oak Ridge TN and of course could not get the seller to tell tenants to leave! Figured we'll do it ourselves, one is month to month, the other's lease ends in May/...