I'm wrapping up a deal on a 2 bed, 1 bath house for $55,000 in the Midwest. The rent will be bumped up to $700 a month. After accounting for the mortgage, insurance, taxes, cap-ex, vacancy, and property management (bu...
I want to preface this by saying we've been Airbnb hosts for almost 2 years, and this is the first time we have had a huge problem like this. For the past two nights we have had people staying in our basement which i...
I've been looking for a location in the Northern Texas and Oklahoma area not too far off route 66 we can purchase an affordable home to use as a second home and a STR while we are not there. So far my research has lan...
Have any of you ever been threatened, robbed, physically attacked, or felt your life was threatened by either a tennant or a prospective tennant?
I've heard of "tennants" calling to look at a property they want to re...
I have alluded in other threads on BP the past few weeks that we are saying Good Bye to long term tenants we inherited with a property bought two years ago. We served them with a month ago with a notice of terminati...
Hey Guys,
I have a tenant in Philadelphia who a few months back mentioned that she feels more tired than usual and wanted to test for mold. It was very vague/general request, in which I gave her the okay to purchase ...
I have an inherited tenant from a property I purchased from a tired landlord.The tenant is great: pays on time, takes care of his own maintenance, also agreed to pay higher rents to match market prices, etc. He's a sm...
Is it normal to start freaking out after you purchase your first rental property? I know I am seriously freaking out. I hope that it's just the jitters from all of the new things going on. This is the first propert...
I bought a smoker's house. Prior to sale, they painted all the walls that didn't have wallpaper on them. Painted, not CLEANED then painted. Paint is starting to bubble up in places, I assume due to nicotine. Has anyon...
I house hacked by the room for 4 years. As a landlord I’ve had some situations I never thought I would experience.I would like to know the crazy stories of others. I definitely have improved a lot my screening process...