Ryan Horan
Taking over a section 8 tenant
We currently have an Indianapolis duplex under contract. The property is tenant occupied with section 8 tenants. I've searched for information on taking over a section 8 tenant, but it seems to be unclear. We are not ...
Sam Leon
A laundry party...Really?
OK I am a nice guy. I pay for the water at my apartments. I don't charge for the use of the fourplex's washer & dryer.Last weekend I was there one evening, and noticed one of the tenants was having a party. The...
Mary White
Accountant says, "I'm screwed on taxes for the BRRRR I did..."
In 2017 I purchased a foreclosed 4-plex to do a BRRRR. We cashed out a state retirement account from a previous job, used cash and also partial 1031 money for the all cash purchase. In March of 2018, I got a loan on t...
Spencer I.
Who pays back security Deposit?? Seller or Buyer
I just closed a wholesale deal where the seller was selling the property with tenants in place. Found a buyer and closed the deal, but now the buyer wants to know who is responsible for the $400 security deposit the t...
Taylor Reichert
Full Time Employee and Landlord?!
Hello,I am interested to hear from the landlords that have 40hr/week jobs. Specifically ones you can't break free from during the day. My goal is to replace my income with rental cash flow before I CONSIDER leaving my...
Nigel Guisinger
Appliances and when to replace by an appliance store owner
I wanted to give out some advice on appliances as an investor (I have over 100 units) who also happens to own an appliance store with repair techs. Last year we did over 10,000 repairs.
I’ve seen a few posts taking a...
Gil Or
$294 repair to snake out the bathtub is reasonable?
Dear members!Just got this report from my management company and it says:"- Repairs & Maintenance - Plumbing repair - Bathtub needs to be snaked out. $294.00"Is this sounds reasonable?The bathtub is pretty small, ...
Account Closed
Am I calculating Cash Flow incorrectly or did I buy bad deals?
I own a couple rental properties and only recently found the world of BiggerPockets! What a game changer.. I wish I had found it 4 years ago before I started buying lol. Anyways, I read/hear about people cash flowing ...
Krystyna Fennelly
Purchasing my FIRST MULTI-FAMILY-12 unit apartment-Any Advice?
I'm super excited to be purchasing my first multi-family property, a 12 unit apartment (8 one bedrooms, 4 two bedrooms) in a great suburban area. I've been a residential Real Estate Broker 17 years and have been inve...
Mike S imai
How can I market short term rental without acquiring any permiti
How can I market short term rental without acquiring any permit?