Nicholas Piva
Should my Holding Company own my RE in a subsidiary?
Hi,I own 5 pieces of real estate that are worth around $3M. They are all in my name. I know that is not ideal. My current business structure: 1 holding company, 2 wholly-owned subsidiaries. I use the money from my hol...
David Matthew
Rent increases and a new lease with holdover tenant
Hey everybody, first post!I have one property with a tenant who has been there for five years. This is also the first rental property I ever purchased and have never raised the rent. He signed a one year lease and the...
Jennifer T.
Question About Right of Redemption in PA
In PA, mortgagees (lenders/banks) can also redeem tax delinquent properties with same redemption period as the owner. My question is, why arent they always redeeming delinquent properties (assuming most houses do have...
Delbert Standifer
Value add for a duplex
I found a duplex with a huge lot size. As of now the property does not cash flow. If I add another unit on the back pull out the money I should cash flow. Am I understanding this correctly?
Account Closed
New Landlord and Rent increases
Hi BP Community!Long time reader and listener from afar. First time poster.I have mostly been reading/learning about buying/investing in my first property so when I have the funds, I will be well prepared. First time ...
Adam Azam
Would you renew this lease?
I have a tenant who isn't a good tenant but not heinously bad. I have to badger her for the rent every month, but she does eventually pay. She moved her family member into the house. They smoke in the home (against th...
Shane Bowling
Old unpaid mortgages on quit claim properties.
I may be about to get 5 properties quit claim over to me and if I do I am going to get them free and clear via quiet title. The workaround I need is I think some or all of them have small mortgages on them that the ow...
Ryan Cleary
Anyone familiar with the Cleveland market?
https://www.biggerpockets.com/... (Link to calculator)
I just placed an offer for this property in Cleveland and I just want to make sure I am taking into account proper reserves as this is my first endeavor into t...
Account Closed
Rooming house license in Philadelphia
Can someone tell me how pricey the process is to get rooming hosuing license in Philadelphia? I was told I would have to hire a lawyer to bring my case to the city and to get it approved and it would cost a lot of mon...
Jose D.
Will a tenanted property count towards my DTI ratio?
I know to count rental income it's two years, but I don't really care if lenders don't count my cash flow as income. I'm more concerned with whether they will still count my mortgage payment as debt even if it's a ren...