Good evening BP community, I’m checking in to get a few thoughts related to utilities being paid by the tenant. What’s the standard in Chicago for what utilities tenants are responsible for these days? I have a multi-...
I'm having trouble deciding on whether to hire a PM for rental 1.I close on my 2nd house with owner occupied loan next week. I've been house hacking rental 1 and will be moving into rental 2 with my tenant/roomate (co...
Many posts have identified your cleaners as an essential part of your STR team. If you are booked every week and the cleaner only has a few hour window what kind of cost are you paying? Besides cleaning, it sounds l...
I'm a newish investor, bought a duplex in San Antonio, TX to house hack last year. Major unexpected repairs meant we only had enough money to fix one unit in 2023, but I anticipate finishing renovations on the second ...
Can a private, individual landlord (who only has 1 rental unit) deduct cleaning fees for normal wear-and-tear from a security deposit at the end of a lease? Deposit was $650. Interest accrued = $3.90 for a total of 65...
Hello! I am currently renting an apartment with a roommate in Los Angeles but we have been bought out of our place and are now looking to potentially do some form of house hacking with our buyout $. The full scenario ...
The lease term will be ending in 60 days for two tenants. One tenant has provided ample notice that she will be leaving. The other tenant, however, indicated they want to stay. How would you handle security deposit...
I have my first property purchase underway. I close on a duplex in a college neighborhood in San Diego. Both units are 1 bed / 1 bath and I secured it using a VA loan. The closing date is 8/16.
I wanted to get the ...
Hello good folks of BP,My wife and I will be closing on our first owner-occupied rental property (duplex) in May 2019 and I'm trying to do as much up front leg work as possible to prepare for us being new landlords. ...
I have been reading up on these loans after I read a blog here on BP about purchasing a MF property and living in one unit and leasing the others.
Does anyone have any experience with these loans?