A prospective tenant wants a 6months booking on airbnb. How can I screen the tenant for background checks, credit, affordability etc? Is a lease needed?. Please share if anyone has encountered this situation before....
Hey, so I’m new in the game and was wondering your opinion on a few things. First, I have about 250k in equity from my primary residence. I want to get into the game of investing. Should I be trying to buy a 3 or 4 pl...
Situation:My mother owns a house in Illinois in the country and has no mortgage or outstanding liens against it except 1 year of taxes that someone someone bought in a tax sale. She was injured in her 30's and now rec...
I tried searching around, so i know this has been posted before, but what total income do you guys look at to determine if somebody can afford something?
I've been taking the rent for a year and multiplying it by 3 a...
I'm a first time homebuyer. I want to do something that I'm not sure has been discussed here. I found a multi unit 2 unit property that I'm interested in. I can afford the mortgage myself, its less that I currently...
Hello everyone! This is my first post on BiggerPockets and hope I can get a burning question answered. This developed from a difference in opinion I had with a friend about purchasing a home in a very hot market. At ...
Hi BiggerPockets people! I currently own a 2/2 condo that I have rented to a buddy for about a year while I have been renting *shudder* a house. Both of our leases are up in about 6 months and my plan is to buy anot...
Hello all, My name is Brittany and I am new to BP and real estate investing. I just wanted to share something that I thought could be of use to any newbies looking to finance a deal. This was copied from an email I r...
Yes, sharing our actual costs, we need more housing but also letting people get past some of the big unknowns. Sorry about the clickbait. Here is our current budget... We are on the West coast. (Not CA). How...
Hello everyone, I'm very intrigued by the rent by the room strategy for the cash flow and filling a need for workers who can't afford an apartment. Has anyone tried it for nurses, nomads etc. Do you find that nurses...