Heather O.
Inherited Tenant Paying $250/month inc Utilities out of lease
In a Landlord Friendly County and State, Florida, where there or no rent raise limits, I have purchased a multifamily property with a tenant paying only $250/ month and she has not signed a lease renewal, has a growin...
Sara H.
My rental property is a money pit!
I bought a triplex in 2006 with plans of flipping it. I wasn't able to do it quickly enough before the market bubbled. So I've tried to set it up as much as possible. I was advised to set up an LLC to run the property...
Sean Brennan
Partnering with a General Contractor
I just read a nice blog by Mike LaCava about flipping houses:
http://www.biggerpockets.com/renewsblog/2013/02/03/flipping-houses-with-no-money/
I found the idea of partnering with a General Contractor very appealing...
Account Closed
Private Money: transfer money to me or transfer money to title company?
Greetings all,
I'm doing my first private money deal and need some advice.
I've located an investor who is willing to do a generic promissory note so I can purchase an investment property.
However, b/c the propert...
Alec Jacobs
Should I have utilities in my name or my tenants name?
I have a duplex which has gas and electric separate (2 furnaces and 2 electric panels) and while the water is for the whole property.I was wondering how I would go about setting this up for my lease? I will have to ke...
Marci Fournier
New Here What are your top 3 wisdom statements for me?
Building the idea, the broad plan, and defining the top 5 things I Want to accomplish aren’t the problem... it’s where to start finding investors? Can I expect someone to take me seriosly w no experience? I’d love t...
Jason Genovese
Investing in low income areas?
Hi Bigger Pockets, I am not sure if this topic belongs in this forum or not. This is my second year of investing; I have rented one sfh, flipped two houses and currently renovating a third house with the intention ...
Heather M. L.
Househacking / FHA / Multifamily
Hi, I'm a newbie to the industry, hoping to buy my first rental property this year. I'm considering using money from my 401k as a downpayment on an FHA loan. I want to househack a multi-family and live in it for a ...
Andrew Freed
How do you track your expenses? Looking for best practices
I'm just curious what others do to track their rental / business expenses, like their SOP. I'm tying to develop a best practice.
For instance, this is what I do:
1. Create a google business email / drive and create ...
Susan Pompea
Want long-term renter & how to get new renter in day or two after last one leaves
I'm trying g to learn and fix the mistakes I've made in the past and need some advice.1. How can I rent to someone who will stay more than one year? My rent is fair, the house is well kept up, it's in a nice neighborh...