I will be renting out my house for the first time and have screened my tenants properly. I would like to add a maintenance and pet addendum to my lease to be more specific. Can anyone recommend one to use or tips when...
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Hi BP!
So I have seen so many people discuss the fact that as a landlord you have to pay for your units if the something breaks.
You get a call in the middle of the night and you have to get it fixed.
That sounds m...
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Hey guys recently picked up a single family house that had a 700sq foot in-law appt. I have finally got everything approved to be a legal ADU with separate addresses. And Separate utility’s. Now my first thought was t...
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Hello BiggerPockets Community,
I'm a newbie landlord I've decided to offer my property as a medium-term rental (typically 1 to 6 months). I believe this duration is ideal for attracting professionals on temporary ass...
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I have been thinking about setting up a new account specific for my duplex. A checking account for rental income/paying the mortgage, and then a savings account to cover any maintenance or repairs. Does anyone have an...
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Investing in rental properties can be a great way to build wealth and generate passive income. However, for out-of-state investors, the process can be daunting. There are a lot of factors to consider, from finding the...
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I am getting about $200 a month from my first rental property. I've finally reached the breakeven point on what I needed to recoup what I had reinvested for maintenance. So now what do I do with all that cash each m...
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I’m prepping all my documents to file taxes. I purchased my first 4plex in 2020 and have been collecting rent. Any suggestions, tips, questions I should I ask my accountant when filing? This is my first year filing no...
Hello everyone,I recently purchased my first rental investment (in a different city than where I live) and hired a property management company. Any tips for long distance landlording from experienced ones? I am lookin...
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We are looking for our very first short-term rental property in Pensacola/Gulf Breeze area. I am looking for any tips for short-term/ beach rentals in general, or any local tips for operating short-term rentals in Pe...