Kent F.
Reduce liability when non-renewing a tenant
I’m closing on a triplex in a few weeks and I plan on not renewing one of the tenants right away after closing. How could I minimize the chance of this tenant claiming some sort of discrimination or unfair treatment s...
Jill Keller
Security Deposit Amount
How much do people typically charge for a security deposit? Is 2 months reasonable? I live in Indiana. I used to typically do 1 month but I've had tenants try and not pay the last month so i want to cover my grounds i...
Jeremy Medina
HELOC Question Starting out
I plan on turning my primary home into my first rental property. Should I take out a HELOC in my primary residence before switching it to a rental? Is a HELOC only allowed from your primary? Thank you!!
Rich Emery
Advice for Marketing land for single family home builds
Hello All,I recently purchased some land in Northern Kentucky with great city views of Cincinnati. It's in a solid, up and coming neighborhood with lots of development nearby. I've completed a geotechnical surveys t...
Bei He
Sacramento Max Rent Increase for 2022?
Hi, my dear BiggerPockets folks,
I have a rental at south Natomas Sacramento (95833 zip code). Have not increasing any rent since covid. Currently rented at $1900 vs. I checked the similar home rent at $2400-$2900. ...
Kevin Rufty
Our First Sub-To Deal - Looking for Insight
Hello, BP Community,
We are eyeing our first sub-to deal and have some questions we're hoping you can answer. Here's some info about the unit:
- 2bdrm, 2.5bath townhome, built in 2021. High appreciation area, was li...
Luis Sanchez Rodriguez
Cost to Build a Mobile Home Park
Hey BP folks,Is there anyone here who has the experience of building a mobile home park from the ground up?I'm working on a project that involves building such a park and I wanted get an idea of how much are the start...
Tyler VanWinkle
Investment property loans
Hello BP community, needing some advice. Looking to purchase my first rental property. I am wondering what types of conventional loans you have used. The bank I talked to would only offer a 5-1 arm for 15 years at 5....
James Sauser Denesia
Duluth Minnesota MultiFamily Rental Properties
Hello! I am looking at purchasing my first rental property in Duluth Minnesota (multi-family preferably) and I am looking for resources related to duplex/triplex landlord ordinances, rental property licenses, and othe...
Eric Armstrong
Maximum sellers assist?
Is there a maximum amount a seller can assist towards closing costs on an investment cash purchase? I understand the percentages when using a mortgage.