Brian Schmelzlen
Seller Financing- Pay more than FMV?
My goal is to purchase a $3 million office building. In my market, the cap rate seems to be around 4.5-5%, but lets just say 5% for easier math. That means an NOI of $150,000. For purposes of this discussion, lets ...
Alex T.
Tenant hooked a large freezer in shared garage. What to do?
Hi All, I've rented my 3 bed 2 bath condo in CA to 3 tenants. Two tenants share the tandem garage. Third tenant has no car. The master bed tenant with the car started using the garage as a storage place and also place...
Victor Olowu
Month to Month Lease Legality
My tenant has been in the unit for 2 years now, but during this past year, she lost her job and I believe got another one. She hasn't missed any payments, but to be on the safe side, I am having her re-qualify, i.e. ...
Account Closed
What is your typical day like as an agent?
I am considering becoming a real estate agent and was wondering what your typical day looks like? Do you recommend the real estate career?Also, can a felon become an agent in the state of Ohio?
Account Closed
New Member from New Jersey
Hello! I am excited to find this site! I was introduced to Bigger Pockets from another forum and decided to check it out. Well, here I am! Although still actively licensed since 1998, I left the real estate profession...
Sylvia Herman
Quicken versus Quickbooks
Hi everyone,I am trying to decide what to use to keep track of finances for my rental house.Any advise will be very much appreciated.Thanks.Sylvia
Alexandra Hansil
File Eviction even if Moving?
Hi All
I have a rental in NJ. I reviewed the NJ eviction regulations and it basically states that I can file an eviction immediately without notice for non-payment of rent. However, the tenant is supposed to be mov...
Ali Safavi
When Do You Raise Rent over 3%?
Question for the group...When it comes to raising rent on a tenant who's been living in a unit for a year or more, what are your determining factors (in areas that are NOT rent control)? Recently I've considered raisi...
Joe A.
Stay in over-saturated market or cash out?
I have a 3/2 SFR (mortgage free) in a college town (90 minutes away from where I live) that is over-saturated with rentals. In the last few years, large apartment complexes have been sprouting up left and right. Ren...
Ariadne Latorre
New Investor in Puerto Rico
I finally have my first short term rental property in Puerto Rico and have been extremely busy with improvements and setting it up for rental. Since it is ocean front I have been getting a lot of inquiries about the ...