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6 May 2024 | 5 replies
I like to keep things simiple- Is the area growing?
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6 May 2024 | 7 replies
Keep in mind if your Bank/Lender you closed with allows it to be vested into an LLC you can do it but it is "not" common in most cases.
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6 May 2024 | 12 replies
Also keep in mind, it takes just as much work to run a small nightly rental as a big one.
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5 May 2024 | 1 reply
Able to keep the tenants and increase rent by 50%.
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6 May 2024 | 18 replies
Personally, I negotiate for better price/seller credits + put more money down to min 1:1 DSCR and keep it gucci.
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5 May 2024 | 7 replies
To get a good rental income, be sure to check who you rent to very well, write a clear rental contract, take a security deposit, make a smooth way to get rent, keep the house in good shape, think about getting landlord insurance, keep talking to your renters, and follow local rules strictly.
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5 May 2024 | 4 replies
Keep posting on BP and network with as many people as you can in your area and you'll learn a ton.
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6 May 2024 | 10 replies
We should get together and decide on the best action to get our money back.I bought 3 properties from them in 2017 - 2 in Baltimore and 1 in Philadelphia.They breach contract all the time (one example is that you are supposed to do an inspection before they charge you the last 5K but they simply deduct it from your guaranteed rent) and do not keep you posted on what's going on with your property.
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6 May 2024 | 15 replies
The age of the housing stock coupled with the inexperience of a student tenant might make it difficult to keep up with maintenance without a strong property manager.
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6 May 2024 | 11 replies
I have onsite management, but I manage reservations and communications remotely (and I have a full time job, so I really need the software to keep me organized, not the other way around, haha!).