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Hello BP folks. I need some input on a multi family deal I'm currently looking into. It is a 5 plex near my home town in the Central Valley, CA. I will be making an offer of 200k and will be putting down 25%. After al...
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Ok, so I know it’s like one of the most coveted things, but can anyone recommend a good house cleaner/cleaning service?Have an SFR in Euclid and another in Garfield Heights and will be needing cleaning for MTR’s.Thanks!
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Assuming one has 3 properties, each worth @ 1 million each, with a mortgage of 400k each. 1 building is fairly new, and 2 are older buildings. What kind of cash reserves would a typical bank want you to keep? Espec...
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hi,
I have a tenant in a property who is starting to have difficulties making his rent payments. so far he has been paying on time, but recently, he has warned me ahead that he is waiting for client's payments (he is...
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So, I'm purchasing my first piece of rental property and the rent in the neighborhood is starting $1,100. The current tenants are paying under market value at $850. They are on month to month with no contract and I w...
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Do any of you have a good strategy for minimizing water expenses during vacancy? Essentially, my goal would be to transition from one tenant to another in about 2 weeks without ever having the water bill in my name. ...
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Hello BP,I have a home under contract in San Antonio and have a question about selling it with owner financing. It's in a great neighborhood (Thousand Oaks) and its an older home but can be rented as is. The plan is t...
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Is there a software out there that keeps track of tenant payments without me having to manually enter when I have been paid? And alert me when they don’t pay on time?
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I had to put one of my units on zillow this month. I don't like the zillow application and use rentprep. We used gmail for the documents exchange. Then used the signrequest for lease signing.Has anyone tried to use Go...
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Good Evening Bigger Pockets Community,Is it common for tenants to pay for the ADT security monthly payment or should the landlord provide that security as an expense. I thought about possibly including it in the rent ...