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Background: So I just purchased my first rental with my brother, and it came with tenants who are severely underpaying in rent. Their rents are 800/mo and 600/mo, and their leases expire on Nov 1st 2020 and Dec 31st 2...
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Good morning Bigger Pockets Team!I was fortunate to find this site a few months ago and have been assimilating the abundance of information and admit, I’m guilty of the podcasts playing almost all hours I’m awake! I h...
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I am currently shopping for an investment property that I plan to run as a Short-Term Rental on Airbnb from afar (2.5 hours driving distance) and I am currently investigating property managers/management companies for...
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After reading reports of serious, damaging fires caused by electric car batteries, I'm considering disqualifying potential tenants who have electric cars and putting a clause in my lease prohibiting electric cars and ...
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Hi everyone! My husband and I just closed on our second duplex today that we plan on moving into since we purchased it with FHA. We inherited two tenants and here is our plan:
Tenant 1: We plan on asking for a renta...
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Hi BP community!I have a question and needing your advice. Here is a background: One of our rental condos is on the ground level, is in a great neighborhood and everything would be perfect except for a tenant above ou...
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Hey yall!Richard here from Dallas (Grapevine). Just want to share a quick story for some encouragement and maybe get the wheels spinning for you on some out of the box real estate thinking. A few years ago I traded ho...
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Hi team,I recently closed on a 4 bed single family property in Jacksonville. My plan is to live in it for a year and buy another property afterwards. For the meantime, I'm planning to rent out the three rooms to my da...
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I'm an owner of a brick two family home, but with the layout of a three family in the Rockaway Beach section of Queens NY. I've implemented the House Hacking strategy I learned about here at Bigger-Pockets which has a...
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A broker asked, "What are your cash on cash ratio requirements?" I'm not sure exactly what he means by this. Is this the same as IRR? Thanks for the clarity