I've saved a decent chunk of change (enough for a 10% down payment on a $300,000 house with a few thousand left over). I've been looking for about a year and after almost purchasing 3 of the first 6 houses that...
Has anyone had any experience with tenants trying to airbnb while they are gone for the weekend etc? Or has anyone put terms in the lease to prevent it?
I'm here to learn, looking for advice, tips, wisdom, and maybe to offer the same to those who may be even newer than I. I purchased my first 2 investment properties (both buy 'n holds in the Austin Area) this year. ...
Hey everyone! My name is Mark Lucas and I moved to Colorado Springs about 6 weeks ago. I am active-duty military and I am interested in investing on the side for the long term. My main interest is buy-and-hold and I w...
Hello BP Family! I've made some progress and wanted to share. I just created a LLC in PA. I'll be looking at Philadelphia, Bethlehem and Allentown areas. Although, I am not too familiar with those areas, I will be doi...
I only have an old 12 month lease from my property management company that has already expired years ago. There has never been another contract signed by me or my tenant (I've verified this with the tenant). My proper...
PLEASE let me make my disclaimer on what BP is and is not: Bigger Pockets, not, Being Political. So, my intent is not to whatsoever divulge into party favorites, but, there is some context as to how politics could a...
Background
- Location: Bay Area Peninsula
- House Price: ~$1M, Mortgage $700k
- Rent with similar square footage: $4000/month
Running the number, it looks like it marginally break-even.
But I re...
Hey everyone, I was hoping to get some guidance here. I have a tenant that is about 5 months into a 12 month lease. She just requested that we cancel her lease, because she had a divorce finalized and now she says tha...