Jordan Slater
Where to keep cash reserve?
I am meeting with my property manager today to get my first rental on the market! I am planning to build my cash reserve over the next year as I prepare to purchase another rental. Where should I keep my cash reserv...
Bryce Jamison
Extra Lease Addendums to Add?
Hello BiggerPockets Community!What extra addendums do you add to your leases?I'm finalizing my first lease in NC and I want to ensure I'm adding in all the applicable addendums. I've already added that the rental insu...
Gary B.
Daily work order management
I just bought a 27 unit complex. I am new to complex of this size and looking for recommendation on best practices to manage property of this size. 2 things that i need advice one:1. Late fees: How to avoid that prope...
Falgun Chokshi
Self Storage Deal - Vetting???
I'm vetting a 12 unit storage facility in PA, which has two additional parking spots for rental. Asking price is $329,000. It has a new roof and significantly renovated exterior walls and new garage doors. No security...
Darrell Degrazia
Forming a LLC for Property Investing
Aloha,Should I form a LLC for property investing? I was told that having an LLC would be good to have and that I can put my future investments under the LLC instead of under my name? Not sure that I can pile up proper...
Account Closed
My First Investment Property: Live-In Flip, Columbus, Ohio
Investment Info:
Single-family residence fix & flip investment in Columbus.
Purchase price: $182,000
Cash invested: $10,000
Purchased my first investment property as a live-in flip back in late A...
Michael Waskiewicz
Does it make sense to set up an LLC?
Hello,I own a home in Westchester NY that has an accessory dwelling unit which is a small apartment above the detached garage. Would it make sense for me to set up an LLC and what type of benefits would I receive fro...
Account Closed
Beginner in Property Manager needs HELP! Canada
I got a chance to manage a 38 units building in exchange of free rent in Calgary, Canada (2 bd apartment that rents out at $1420)
The building is currently making $48k gross rental income per month. When I took over...
David Haan
garage ADU conversions for house hacking in SoCal
Hi, first time poster, please let me know if this is a good plan....I'm planning on purchasing a 1M property with a 400sq ft garage. I have enough for 20% down, but rather I will put 10% down and save the remaining 1...
Aaron Landau
What are the challenges of buying a very old house?
Hello all!I am looking at purchasing multi-family house that was built in 1850s. I understand that a home this old obviously needs a lot more attention then a newer build. I am not looking for feedback of ROI and all ...