Matt Noble
Royal Oak, MI: 4bed or 3bed, better value for rental?
I am a first time home buyer and just purchased a 4 bed 1 bath bungalow in Royal Oak. I am renovating the property and then going to rent the property out. It currently has 2 bedrooms and 1 bath downstairs and 2 bedro...
Jeff Xin
Rental Property Lawn Care
Hi everyone, I'm just starting out and preparing to rent out my first SFH. What do you do about lawn maintenance with your property? Is it implied that the renter cuts it or does have have to be explicit in the lease?...
Sam Li
Rent to a relocation company?
Hi, I listed a new property purchased and got contacted by a relocation company about renting for 3-4 months and then continue it on a monthly basis. It’s a pretty big relocation company who works with insurance compa...
Mounish Thatikonda
Seeking Input on Rental Property Layout - Beds vs. Baths Ratio
As a first-time rental property investor, I am currently in the process of evaluating a potential investment opportunity and seeking guidance on an aspect of property layout. Specifically, I have come across a single-...
Adam Juodis
Rule of Thumb when spending renovations to increase rents?
We all know the 1,2% when it comes to renting. How about a rule on the return you can get on improving/rehabbing a rental unit to raise rents, is there a general rule for that?For example, I have a multifamily of 3 un...
Account Closed
What should I do with this 16 unit building? (young investor)
Hi everyone,
So I'm a young investor and I have a 16 unit building 30 minutes outside Boston. They are one bedroom units but they are small one bedrooms... I think they are around 550 sq ft. The currently class of ...
Robert Guilfoyle
25% Down on a 4-unit Rental Property??
I am putting in an offer for a 4-unit rental property. I just spoke with my mortgage guy and he is indicating I need to put down 25% since it is a rental property? I thought I could do a 20% down payment?Thoughts?
Ryan VanPatten
Pet deposit: Tier based on size of pet?
Hey all,I wanted to see what everyone did when it came to pet deposits. I was wondering if anyone did different amounts depending on size and variety/breed of pets.Thanks!
Dustin Leon
Should I pull the trigger?
I am new to REI and have the opportunity to buy the house I am currently renting. This would be my first property. It is a 768 sq ft home 2 bed 1 bath. With a 30yr Conventional and 3.5% down the Mortgage, interest, PM...
Allen Collier
Additional tenants to lease
I need your help again, you all have been great so far!
So I have tenants that haven’t signed a lease yet, but intend to in order to move in June 15. Three people who are friends, for a 3 bedroom house. Now they have...