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So I have this scenario:Tenant early termination, fee = $800 (equal to one month's rent)Security Deposit = $700 He is entitled to security deposit as per condition of unit, however he has not paid the early term fee, ...
Hey all! I'm a new landlord with some units becoming available soon. I am trying to rent to travel nurses mainly (13 week stays), but ideally, I'd like to keep my leases under 30 days to qualify as short term rental i...
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I have a trip coming up that will be mixed personal/business. We own a rental property in Charlotte, but I also have family in town that I will be visiting. How do I organize this trip to make the most of my deducti...
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Ok, so first of all...
The Two Types of Full-Time Real Estate Investors
Generally speaking, there are two types of full-time real estate investors: the passive investor and the active investor. A passive investor ...
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Have a space in the fourplex that Im purchasing to setup a vacation rental. Recently learned that the city's zoning prevents short term rentals less than 10 days. So I'm thinking about doing long stays over 10 days li...
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Most people know about the STR RE professional loophole. If you are developing ground up construction and have another w2...would that qualify yours a RE professional?
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Good morning,
I am new to the real estate game, looking for our first fourplex now, just got pre-approved. Background: employed (w-2) as a physician, wife is a stay at home mom, also very interested in real estate an...
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Does anyone have a lead on companies that rent out single family homes? I'm wanting to rent/lease my rental property to sober living or other group housing. I'm not wanting to be the house mom that stays on location a...
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Hello everyone,I am new to BiggerPockets but already have found this community very helpful, so thank you! My wife and I are both dentists in Kansas city, MO. Our first goal was the buy a 2-4 unit to get started and I...
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I've been looking for my first multifamily property and I found a fourplex that just popped up on the MLS at $330,000 getting a net rental income of $2500. Looking at the 1% rule the price is way over the rental inco...