James Pennington
Student rentals in college town.
I live in a college town. Looking for some input on getting started investing in student rentals. Pros and cons....what to look for...etc.
Jesse Masloski
Seeking advice for building features of new economy 7 unit in SD
First post here for me; appreciate any and all ideas and advice.Background: I own a 5 unit rental, 1 and 2 bedroom units, near a strong and growing technical trade school in South Dakota. Despite a primarily student ...
David Galvan
What would you do?...
Hello All,
I have found a number of homes anywhere from about 1.5 miles to 4 miles away from Baylor University, in Waco. Looking at the schools trends, every freshmen class in the last 3 years has set the record for ...
Bennett Manley
Good income, but high debt
I have a possible tenant with a 638 credit score and a bankruptcy filed in 2014. She is 59 and has good rental history. She has a disabled husband and is an adult foster care worker. She has a 45 year old mentally dis...
Blake H.
A Punch to the Gut 👊
Just received news that I am not permitted by the city to purchase another property due to the affordable housing covenant im contracted under. Not the news I was hoping for and this will severely impact the financing...
Jose Duque
Paying above appraisal for great cash flow?
Hi all,First time posting on BP, could use some input on my first deal. I have a prospective contract on a student rental that generates about 2.4k in rent, it is one of the better cash flowing properties that I have ...
Kevin Dickson
When Zoning Law is Just Wrong
Many cities have implemented a law that states "a maximum of three unrelated adults may occupy a dwelling unit".
That means you can't legally rent a huge 5 bedroom, 3 bath house to four students or, say, two gay coup...
Emma Brooks
Cost of converting a den to a bedroom in a finished basement
Hi everybody! We recently purchased a duplex (we are house hacking, it's our first one) and one of the units has a finished basement that is currently being used as a den. A quick Google search didn't come up with any...
Aralyn Austin
Potential Tenant w/o Green Card
Hello all,
I have a very young married couple and the son’s mother looking to rent my SFH. Once we began the screening process, I was told that the mother does not yet have her green card. The couple are both US citi...
Nina B.
Legally obligated to rent to roommates?
Greetings!I'm a landlord in the State of Washington, 8 years. Up until now I've gotten very lucky and all of my tenants have been highly qualified long term renters, married or single professional. Here's my questio...