Logan Zanki
50% and 2% rule.... And my Multi family purchase with Carriagehouse.
Hello everyone my name is Logan, I'm new to biggerpockets.com and i'm located in central New Jersey, my goal is to get out of the rate race by purchasing multifamily properties. Little background about me, I have ...
Brandon Palmer
Tenant looking to move to month-to-month... Considerations?
Hi BP friends!We have a family (2 parents + 1 kid) who are renting from one of our SFRs. Their lease is currently expected to end in mid-May but they are also building a house (we knew this coming into the lease) whi...
Terrence Bayly
Personal Purchase vs LLC
I am looking to purchase a buy and hold investment rowhome in the Deanwood neighborhood of Washington DC. What are folk's recommendations for forming an LLC to buy the property vs. buying it in my name, keeping in min...
Eddie Sorrell
Just closed on four-plex and meeting with existing tenants....
Hi All,We just closed on our first buy and hold property, a four-plex. The units are currently rented, but way under the market price. I reached out to each of the tenants, confirmed they are interested in renewing f...
Andrew Frank
Raleigh-Durham home+rent appreciation continued growth or stagnating?
Hi all,New to BP and been drinking from a firehose--podcasts, books, consistent conversation with local realtor helping to find a property (connected before finding BP). I have family in Raleigh, wife and I can't affo...
Mashika Johnson
Let's raise the rents!
Hello,
I'm looking at a few mobile homes as a prospect buy. The average rent is $450/mon. The mobile homes consists of 2-3 bedrooms. Some have 2 full baths, others have 1 full bath and one half bath. Is it against th...
Lawrence Paul
Increasing rent from $1,245 to $1,445? Remove tenant or offer?
Hello again, BP.So, I have not raised my rents in roughly three years, but really feel the need to increase rental prices now after looking around.Currently at $1,245 for a 2 bed 1.5 bath 1060 sq ft flat in a B+ to A-...
Andre Taylor-Domville
Inherited tenant legal question
Hello all, I have a legal question for a property I’ve acquired with inherited tenants in Brooklyn. The property is a 2 family and both tenants have been in the property for over 10 years with no form of a written lea...
Jeff S.
Reserve Studies going bonkers
As everybody has noticed the increase in materials and labor has skyrocketed which has thrown a wrench into condominium reserve studies. Since reserve studies attempt to forecast replacement costs of items over a 30 y...
Simon Obas
What’s your strategy?
Hey y’all! I’m am about to purchase home # 2 (a 3 family home) house-hacking. I am thinking about my long terms plans and I am simply trying to figure out the best route to scale. What strategies are YOU using to sc...