I have run into a few squatters each year - whether they were professional squatters with fake leases or just people trying to find a warm place to sleep.

Home prices have shown steady increases, with low rental inventory attracting investors seeking long-term holds.

Given that you're near NYC, I'd imagine, there'd be a lot of newer professionals looking for a place to live so there should be no shortage.Id connect with other local investors that do rent by the room to see what they do for furnishings. 

It is important that you hire professionals who have experience working with foreign investors.

Quote from @Nicole Boerema: Hey everyone, My name is Nicole, I am a healthcare professional who recently moved to the Portland OR area.

How most “mom & pop” landlords protect themselves:Not legal advice here, just what you’ll see across CA landlord groups, PM companies, and attorney guidance:Option A: Work with licensed contractors for anything beyond minor repairs.This is the safest route because licensed contractors are automatically treated as independent businesses.Option B: Use a professional property management company.They carry the liability, manage the worker classification, and hire licensed vendors.Option C: Use a handyman only for truly minor, infrequent, under-$500 tasks.But make sure the handyman:• Has a business license• Has their own insurance• Controls their schedule• Works for multiple clientsThis doesn’t guarantee you pass ABC, but it strengthens the argument that they’re an independent business.4.

You’ve arrived at the perfect place if you’re seeking local insights and connections.

Hi BiggerPockets Community,
I’m currently looking for a 2–4 unit long-term rental property in New Jersey. My goal is to acquire a solid, cash-flowing asset where I can learn and grow as a buy-and-hold investor.
I’m al...

But one thing that often gets overlooked is that you can get deeper deal analysis at no cost by leveraging a mortgage broker or lending professional as part of your evaluation process.A good broker already has access to the paid software stack most investors do not want to spend money on, including credit risk systems, property data tools, pricing engines, portfolio-level underwriting, rental tolerance models, DSCR assessments, and more.

Hey everyone, I'm looking for some insights and best practices from fellow investors and landlords!
I've decided it's time to offload one of my investment single-family properties, but I have a reliable tenant curren...