Is it customary and legal to charge interest on delinquent rent and fees? In the lease provided with his book on managing rental property, @Brandon Turner, includes a clause requiring 18% interest per year on delinqu...
Hello BiggerPockets community,
First-time poster here!
My wife and I are amateur property investors, and over the next year, we're aiming to get more serious by purchasing several small multi-family properties. Here...
This sub-forum may be more useful to us if we let each other know whether we are interested in the City of Detroit or the suburbs. I have partnered on deals in Detroit but all of my individual investments have been i...
First off, I'd like to introduce myself to this forum. My name is Alex, and I live in Queens, NY. I've lurked this forum for some time and finally decided to make an account and post.
So I have a business other than ...
Hi everyone,I got into REI just over a year ago. Since then, I bought a duplex in Akron in October ‘21 that is doing well and an STR cabin in Broken Bow in March ‘22 that is starting to come into its own now. We own o...
I closed on a 3/2 1039 square foot SFR this week .... I'll get a tenant via lease/option. It has its original 1957 electrical panel which is functional minus the following according to inspector:
• A breaker is se...
Hi,My partner and I are looking to purchase a short term rental in Maine. We haven't zeroed in on a specific city/town yet but we're focusing our search on areas within 2 hours drive of Acadia National Park. We'd like...
Hi AllConventional loans for residential property cover single family, duplex, triplex or fourplex. If I want to maximise each available loan without going into jumbo loan territory ($424k limit) it would be ideal to ...
Hello BP!I am considering purchasing a few SFR's in the greater Cleveland area (Euclid) and I've been made aware that the owner is responsible for paying the water and sewer bill. I was hoping to hear how some other ...
I've been looking through the city/county code and can't find a definitive answer on this - I'm preapproved and seriously considering a house hack in Tampa that's a 3/1 with a detached 1/1. It must be grandfathered in...