I have a 5-bedroom rental populated with college students and this is my first rental property. The tenants are all friends, but one of them has become difficult. For example, he frequently crosses the line with his "...
Investment Info:
Townhouse buy & hold investment.
Purchase price: $305,000
Cash invested: $20,000
This was my very first property I bought after graduating college and within my first year workin...
Hello BP!I'm in the process of house hacking into another property and making my current primary home a rental. My agent says my 2200 sq ft home can rent for $21 to $2300 monthly.. Now my question is , should I ...
What is your favorite/best question YOU ask when screening potential tenants for a long term rental? What has been most telling in whether or not they will be great tenants?
I had a tenant text me this morning telling me that they moved out of the property last month. There was no prior communication of the tenant vacating. The lease was a 5 year lease and each year was guaranteed unles...
Which legal binding contract do you feel more comfortable with? My advisor recommends month to month for the simple fact, the process of eviction is quicker. But, I personally would rather a year lease due to stabilit...
Hi, I’m Lily, and I live in Houston. I started long-term rentals last year with a focus on Section 8 properties. However, the Houston Housing Authority recently lowered the payment standard significantly, by over $1,0...
Hi! For Triple Net Leases, how are the net charges generally handled/administered? Does the landlord send an invoice monthly/quarterly/yearly for the actual tax/insurance/maint costs to the tenant to pay up, or does...
I have a situation where the boiler room pipe sprung a needle size hole, spraying a very small amount of water against drywall. From the beginning of the lease, I have instructed the tenant to look at the boiler roo...
I just sold my old personal residence and have a capital gain of 3mm. Instead of paying uncle sam, I decided it would be best to 1031 it into a commercial building. I found a local building that was built in the 70s, ...