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So I currently own my 3 bedroom townhouse in Scottsdale, which requires monthly debt service of $750 a month, not including a $150/month HOA fee. Given the location and market conditions I believe I can rent it out fo...
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I was discussing these questions with a friend of mine who is about to close on his first property and I thought I'd pass the questions along to the forums:1. If you purchase a property and inherit the tenants, tenant...
I was informed by my property manager that the standard time to find a new tenant would be 45 to 60 days. This seemed very long to me, so I wanted to see what other peoples' experiences have been. How long does it t...
Hello Bigger Pockets community. I've been a member for a while now but this is my first post. I've finally gotten myself in a position to where I have enough equity to comfortably purchase my first rental. so now, I'm...
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I have become a regular listener to bigger pockets and I’m a new real estate investor. I closed on my first deal in September (Quadplex and a House) and am under contract now for an 8 unit apartment complex.
It see...
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Hello BP!Can anyone explain to me their process of getting rent from their tenants? Do you mail a bill to each one of your tenants with the balance due for the next month's rent (including any late charges etc.) Or do...
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I am a landlord with a unique SFH rental in the SF bay area, I lease out (month to month) individual bedrooms and manage the property off site (I don't live there). All the utilities are in my name, I furnished the ho...
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Along the lines of David Greene’s advice I’ve been putting together what I hope to be a “Big 4” team and I’ve found as I ask for input on potential single family deals from a prospective property manager that the mana...
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I'm not sure if there is "one" answer to my question. However I'm not sure how one should determine cash flow on a SFR or small multi family Buy and Hold. Specifically in regards to the term of the mortgage. Is it com...
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Hi everyone, hope your holiday went great. I am just starting out in wholesaling, I have a partner in another area of the state, so we will be working two areas in Northern California to find properties. I also have...