I've hot an interesting proposal from a new tenant. They asked me about splitting the cost of installing gas logs in the fireplace. Total cost $1200. They would pay 600, if they ever leave, they would leave it. Propan...
Hello,I just put a lake house on the rental market and someone wrote with the following request:"Would the owner be willing to put a fence out on the patio for tenants that have kids in the home or be willing to allo...
Hi! It's the first time I am going to be buying investment property in the States. I read about Residential Building Codes, which consist of hundred or thousands of pages and is updated almost yearly, differing depend...
Hello Bigger Pockets community,
I find myself in the situation of rehabbing a property, specifically dealing with a second-level deck that has an exterior glass sliding door. Due to safety concerns, I need to tempora...
What requirements do I need in order to be able to use OPM to buy houses?
We have a duplex under contract right now that we recently had inspected. Both sides of the duplex have long-term, paying tenants. I'm not interested in finding new tenants if I don't have to since each unit is well...
Hi Bigger Pockets Family,
My wife and I work corporate jobs in finance and marketing.
We’re looking to rent properties in the greater Alberta region and post on Airbnb in hopes of generating modest short-term renta...
Hello!Unfortunately there was a fire on one side of my duplex which have displaced one of my tenants. Everyone is safe fortunately.The other side of the duplex did not have any damage aside from smoke entering their p...
Hi everyone,
I'm looking at a variety of multi-family homes right now and I found an interesting MFH. All brick, built in 1920. Much older than most of the other listings I'm into but the rough numbers indicate it wo...
I am often asked this question: "What is my biggest financial risk in buying/owning a short-term rental property?"
Lots of things come immediately to mind: Septic problems, a new roof, HVAC failure, lower-than-proj...