How do you determine what to charge tenants when you have not paid off the property? Is there a certain ratio that should be between the amount of the mortgage and the amount the tenants should pay? I’m sure this has ...
Hi all,I was wondering if y'all had any recommendations for self-directed IRA custodians?I've seen the big list here on Bigger Pockets, but there are quite a few options on there: https://www.biggerpockets.com/rei/sel...
My tenants are currently delinquent on one month's rent. We have begun eviction proceedings. My question, however, is: Does the tenants' breaking of the lease forfeit the 2 months of security deposit? As in, does the ...
Hi, I'm in the process of purchasing a condo. My escrow and inspection period are over, closing in two weeks. Deal: Purchasing property for full asking, and also agreed to pay $13.5K due to association for concrete re...
Hey everyone, I've recently been able to position myself to consider getting into STRs. The decision I'm trying to make is, do I:A) update, furnish, and STR my current home on the panhandle within 10 mins of Pensacola...
Hello,
I rent with two other roommates in a 3 bedroom, North Carolina. We all signed a one year lease. A sixty day notice is required before the one year or we get charged an additional two months rent. I and the ot...
Do you perform an annual walk through of your unit each time an existing tenant renews a lease? Verifying if smoke detectors are functioning, appliances are running and water pipes are not leaking is a plus. Thoughts?
I am planning to purchase an investment property with a partner, but I am trying to determine whether I should take out the loan in only my name. He has excellent credit, no debt and will be providing the down payment...
Hello! I'm new to the rental properties business and was curious to learn what resources ya'll use to create comparisons for appropriate rental rates for new properties you purchase in a specific area? For instance, i...
When I'm running numbers for a possible property one of the hardest things to calculate is the monthly rent I can potentially charge. That seems like the "scariest" thing to get wrong.Right now I'm just using comparat...