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Greetings BiggerPockets community, I finally purchased my first property and I'm seeking guidance on my complicated situation. The issue is that I bought a home from a distressed seller whose son refuses to vacate pro...
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I recently bought a HUD home with the intent or reselling within a year. The rationale for buying the house was to "ease" into rehab and reselling property while working a full-time job, and to allow my kids to finish...
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Hi! I'm putting a business plan together for a short term rental and I can find plenty of data from comps on projected vacancy rates of established rentals, however, I know I can't expect to come out of the gate with ...
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Occupancy plays a very important role for those wanting to generate a notable income from short-term rentals. It goes without saying that bookings are your bread and butter – having an empty, un-booked property is obv...
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Having a hell of a time with the Detroit rentals. I've been trying to evict a tenant for 5 months! I've never seen a city offer free legal aid attorneys at the court house and allow tenants to delay proceedings if th...
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Hello BP family,I am near closing on a substantial cash-out refi with my CA condo (single unit rental). The lender is at a road block with the Fannie Mae/Freddie Mac owner occupancy requirement that at least 50% of th...
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Let's say the property management company states a limit of "2 occupants per bedroom". There's a 2 bedroom apartment, and 2 adults + 2 small kids move in. Then the couple has another baby. Would they get evicted? What...
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Hello!I am sure this has been asked many times, but for the life of me, I cannot find it.How do you find out what is the rate of tenant vs owner occupancy in an area? Is there a free website to look at?And, what rate ...
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Ok i am just curious about the owner occupancy guidelines on a fha loan...it says you must reside in the property for atleast one year..ok ive been in the house for 4 years so im not worried about that but then i foun...
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I bough a house in Teaneck NJ from the foreclosure Sheriff sale. The house is worth 322k and bought it for $211K . I was planning to use hard money and I paid $43,000.00 but I'm stuck in a vicious cycle.The owner won...