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Here's my situation:I'm closing on a three family house in Massachusetts for December 4th. Currently the first and third floors have tenants, the second floor is vacant. Both current sets of tenants have lived in th...
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We have a potential renter who is offering to pay 100 dollars more per month for the 1st six months until the security deposit is paid. She is currently staying in a extended stay for $250 per week. She said she fou...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $143,000
Cash invested: $37,000
This is a beautiful, 4-unit apartment complex in a stable rental market of K...
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Hello Biggerpockets,As I continue my research into making my first purchase, I have never been a landlord before. I have lived in an apartment so I have an idea what it is like but not from the other side. What are yo...
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Economic Update
(Yom Kippur Edition)
The second quarter of 2020 (April, May & June) was the mother of all economic contractions. Real GDP shrank at a 31.7% annual rate, the largest drop for any quarter since ...
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It seems that everyone has an opinion about whether to rent to people with pets. How effective is it to require additional monthly rent for a pet? Can anyone tell me if charging a pet deposit or additional monthly ...
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Hello,Is there anyone who has done wholesale deals or obtained funding with the hard money lender called, "Do Hard Money"? Please share your experiences.Thank you in advance.
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Hi, guys and gals, alike. I am new to this industry with learning still my number one agenda before taken most actions. I have seriously been interested in this for a while now and still trying to gain as much knowled...
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Today I just sent out 100 mailers to absentee owners. Now that I have about a week before calls come in, I'm a little confused as to how the rest goes. I have an app in podio where I am supposed to input new leads and...
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Hi All-I'm about to conduct my first rent increase and I'm looking for suggestions on how to create a letter that is polite, yet accomplishes the task. The tenants are good people but I want to stay reasonably close ...