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Hi there... my husband and I have only done LTR for five years. We're doing an upstairs as a (sort of) 30-day rental. The city denied us nightly rental due to so many in the area. So we're doing 30-day stays and up, f...
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I have a tenant that is late about 10 of the 12 months of every year. I think she has been there for a a couple years but it feels like 20. I managed remotely so turnover is difficult and will be expensive. I'm not su...
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Hello,I am currently looking to buy a property in Houston to live in as I am still renting now. Most of the property I could afford have what they call a maintenance fee that varies greatly, can be from 150$ to 600$ d...
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Hello BP Community, I am new to owning a multifamily and had a question for the community. I have a new tenant that signed a lease with me two weeks ago. We talked about if she had pets and she said she doesn't. Fa...
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As a BP PRO member, I am fortunate to get feedback from the best and brightest. Here's the situation;I currently own a 3 unit. I secured it 2 years ago using a VA loan. I am now seeking to purchase more property and w...
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Using the BP calculators to estimate expenses, I was curious to know what percentages other Columbus, OH investors were using for conservatively estimating management fees, repairs, vacancy, and cap ex. I know these c...
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Great afternoon BP fam🫡.1, When self managing, do you pay yourself a fee? 2, if you do pay yourself a fee, is it considered an expense (tax purposes)? 3, if you do pay yourself, do you have to set up an entity to legi...
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Hi Everyone, My wife and I are looking to buy a small multi family property to house hack in the next few months. We currently own a SFH in Meridian Township, MI (right next to East Lansing), and are trying to decide ...
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I recently closed on a property where I inherited tenants and my lawyer is very adamant that I return all the security deposit to the tenants asap. His reasoning is that there are too many esoteric rules about the de...
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I am renting a home in Kansas. I recently found out about a job relocation, I quickly spoke to the property management company to see if they could find a new tenant. They found someone to rent the home very quickl...