Hi All-I'm about to conduct my first rent increase and I'm looking for suggestions on how to create a letter that is polite, yet accomplishes the task. The tenants are good people but I want to stay reasonably close ...
Like the title says, those of you that are financing properties, what is your plan with the rising interest rates? The rates seem to keep on rising, and for those of us that finance our properties, is that going to p...
Theres a house in my neighborhood for sale at 159,500. Lets say I'll be able to get it at 150k. I plan to live in there for 6 months to a yr. According to my local Property manager, they will able to rent it out for 1...
Hello BiggerPockets,Before I get to my question, here's my current background.- 30M/27F (Me and my wife)- No kids- No debt (besides vehicles and house)- I make 90k, wife makes 70k- Combined income: 160k- House value: ...
Hi all,For a couple of years I've been daydreaming of starting as a fix and flipper or holding rental properties with the end goal of replacing my day to day income. I've been in IT for the last 20 years and am read...
Ok, so I my in-laws decided they want to go 50-50 on a SFH rental we are looking at. The mother died, both kids live out of state and hopefully we can get it for a great price.I ran the numbers, and looking into othe...
Does anyone have any experience in putting contingencies in offers to sellers of raw land? I am looking at a parcel and I will need to meet with the zoning and planning boards of the local town to determine if the lan...
This will be my first deal.A 3 Plex listed at $59,900. I plan to ask for less but I'm basing my #s off of the $59,900.(They came down $10k over a month ago.) These are currently occupied to HUD renters. Rents for each...
Hello Everyone,
I have a SFR in WA state with tenants not paying. They had paid through August, but in September stopped and have not paid October either. My understanding is eviction is allowed only if selling in WA...
All,We currently have a single family rental home under contract and our agent was able to negotiate a $400 credit towards a home warranty - we know of a very old water heater that we would like the home warranty comp...