Hi everyone,House is in Ont. Canada, where you can only collect first and last month's rent when a renter signs lease. You can't collect damage deposits, or pet deposits for renters that have pets. A renter can sign l...
My parents were preparing to sell their home, so I decided I'd run an analysis on it to determine if it would cashflow if, instead of selling, they rented the property out. These are the numbers I got estimated for it...
What are the PROS and CONS of doing a rental lease for one year plus month-to-month after the expiration main term vs a 6 month lease plus month-to-month?This is what I think and my experience, but looking for opinion...
Hello fellow Albuquerque Investors! What do you see in store for Albuquerque in 2018? Are you still seeing solid cash flows? And are the local laws favorable to landlords?
Thank you!
Julian
Hi BP!My tenants lease ended and during the walk through I did not notice the wood flooring under the bed as it was covered with tenant's personal belongings. When they were gone, I found a bed with the metal frame / ...
Being BiggerPockets, we've all heard about the 2% rule. And we've seen several animated discussions about the rule driving people to lower income areas, and cheaper houses. Take a look at the other end of the spectrum...
Hi, I am looking for recommendations for roofing contractor here in San Diego. One of my rental properties has a roof leak (caused by the recent storms here). It may require a temporary fix for now until the storms pa...
Last week I was having a conversation with my dad about retirement. Like most people, the majority of his retirement investments are done via his 401k. I came away from that conversation thinking, “If I was in his pos...
I have been an independent contractor for 7 years. each year i write of most of my income. i never realized until recently this severly limits what a lender can give you. should create an llc or some other identity an...
Hello to the BP community.I am currently working with a RE lawyer to set up a lease option agreement as a seller. I have been seeing numerous posting about legal issues that come from a lease option from the sellers s...