Nathan Gesner
This is why you should inspect regularly!
Just because a tenant pays on time doesn't mean they are "good" renters. This tenant always paid early, communicated well, never had a single lease violation.Our office policy is to inspect at least once a year. One o...
Eduardo C.
Do I need to start an LLC or do it under myself?
Hello,I'm considering getting the PRO account, but this brings up the question, how do I manage my finances related to Real Estate?I will need to keep track of all my expenses, profits etc. But is it easier come tax t...
Mary Jay
Schizophrenia vs a puppy
Hi guys,I need your advice:I have a small rental and having a hard time to decide who to pick:1) First tenant has schizophrenia but his sister always pays on time (the reason I know it is because he is renting a basem...
Josh Gregory
Business is Business -- Not Charity!
I started in real estate investing as tender-hearted as they come. From the start, I hoped to use rental property investing as an outreach to help people who hadn't had the same opportunities I had been blessed with....
Milton Chamberlain
Kansas City MO NEW Source of Income Discrimination Ban Ordinance
Hi BP community,There was a recent ordinance passed in the state of Missouri (specifically the actual city of Kansas City) pertaining to whether or not landlord's can review and deny tenant applications based on sourc...
Fisher Hudak
Living in My Garage
Can I live in my garage and rent out the rooms in my house?Background: I am 22 and bought my first house hack two years ago. It was a home run and I am ready to do it again. Interest rates are making deals a lot harde...
Daniel H.
MA Question
Couple of questions about evictions in MA. Any help would be greatly appreciated! Here is the situation. One tenant moved in w/ boyfriend, paid $750 first month rent and $750 sec deposit. Second month, boyfriend m...
Ben Skove
Looking at a property to buy & hold in a flood plain
Hi folks,
I'm looking at a 3/1 REO going for $14K, rent comps around $700. I won't know the repairs until getting in today, but it appears in reasonable shape, probably no more than $15K.
It's mapped in...
Sebastian Giraldo
Zoom towns are becoming a popular destination!
The new normality is pushing more companies to rely on remote work as a measure to prevent COVID-19 spreading. The current circumstances created the perfect scenario for the boom of the so-called “Zoom towns”: rural a...
Ken Hoffman
This new Trend can increase profits drastically? Input needed
I have heard about, and witnessed as early as 2004 this concept of co housing/co living in NYC/CT area, in fact at that time I rented a bedroom on a floor of a multifamily for $625 a month. I did some reading about i...