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I have a 4-unit building in Buffalo, NY. I am in the process of renting one of the units. The applicant is in a program where she receives a rent stipend up to $960. Rent on the unit is only $700. The stipend doesn't...
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First-time buyer here looking to invest in rental properties. I'm planning to purchase a 1/1 Condo at 501 Knights Run Ave. on Harbour Island in Tampa Florida for $179k. Remodeled unit and premarket. My dilemma, a new ...
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A few weeks ago I'd received a call from a man informing me that my tenant (his mother) had just passed away unexpectedly. I confirmed this with the local police department as well. The tenant was an older woman who l...
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Hi guys,
I'm getting ready to list for rent for the first time and am curious about your rental application criteria for tenants? This is what I'm thinking. But honestly, it seems like it might be too cumbersome? I'm...
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Hello, I'm new at real estate investing. I took a HELOC loan on my current home to put a downpayment for a 1 bedroom apt in Dallas near the medical center to rent as a MTR. The cost of the property is $175000, my mor...
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What has surprised you the most that you have ended up not liking to do as as a property manager?
When I first started out in real estate I didn't anticipate painting being that big of a deal. After all, it's pret...
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First of all, who cares about interest of x when you are bringing in 2-3-4-5-6-7X in profit? Right now we all need to be SECURING THE ASSET. Someone recently said this and I loved it "Marry the house, date the financi...
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Hello BPers! Newbie here in contract for my first rental property (duplex with both sides occupied). Thanks to this great community for getting me here!.Couple questions regarding contract phase:.1. Seller does not ha...
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I have had zero success so far with Zillow and Furnished Finder for my furnished MTR in Nashville. It could be too high-end of property and price, but I think it's more marketing. It's extremely easy to get this prope...