John Gallagher
What to offer based on comps
I am trying to determine offer amount on a Philadelphia deal I am working on. The comps show one recent cash sell at 72k and other at 106k.The repairs are unknown at moment.
Rigo V.
Allentown Landlords-Do you recharge for water?
Do most landlords recharge for the water or just bake it into the rent? I know to keep trash and water in my name to not risk getting a lien placed on the property but wasn't sure what the norm is in terms of rechargi...
Shane S.
Fire in 4-plex; what's landlords obligation?
I'm in the process of purchasing a 4-plex that had a fire in one of the units; the structure is fine but it got me thinking. If a fire happens in a multi unit property and forces all the tenants to move, what is the l...
Thomas Poloncarz Jr
Adjustments to BP rental Calculator when House hacking
Hello, I'm trying to run some numbers on the BP Rental Calculator on properties that I may be interested in house hacking. I'll be using an FHA 3.5% down loan as this will be my first investment property. I'm curiou...
Lenore C.
Sell? or hold and rent condo downtown San Jose
Hi All,We own a 2 bd/ba condo in a luxury high rise in downtown San Jose. We purchased it when we lived up there, and then have had it rented for about 5 years. We are living in San Diego now and we are trying to get...
Ashley K.
First Time Buyer, Need Advice (Entrepreneur Nomad)
Hello,I'm planning to purchase my first investment property. I'd like advice on what would be the best course of action. I have a few interesting circumstances to note.I'm an entrepreneur / nomad (work from computer) ...
Joseph ODonovan
Advice on a Mixed Use Property
Hello,I am new to BiggerPockets and so far I find this site extremely valuable. I'm looking for some advice on a potential mixed used property (3 units) that I may make an offer on. Currently, I own 4 properties (1 co...
Rick T.
Need Management Software- Special Criteria
We need a new property management software and need suggestions please. With managing 300 apartments with Buildium, at $300 a month, is too expensive for just keeping track of the income side and running a couple rep...
Robert Leonard
Using a 1031 Exchange with a mortgage
Here's the scenario. If I have $100k to exchange. I want to buy a $200k property for $125k. It expect about $25k of repairs & other costs. I want to transfer the whole $100k "into" the property. I want to bor...
Gwen Fyfe
Raise the rent on learning delayed tenant? What would you do?
I have a little situation I've been thinking about, and I wondered what the BiggerPockets community thinks.I recently purchased a quad for my first house-hack, and it's going great. The previous owners were really goo...