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I have a rental condo and have owned the unit since Jan 19. This complex has 18 units that pay $175 per month. Board members do not pay HOA dues as this is their compensation. The board consists of 3 unit owners and t...
Hi All, I have a lump sum of money and am not sure if it's smarter to use it all to buy one rental property out right, or if I should buy a few properties by going through a bank and just putting 20% down. Which appro...
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Hi All -
Wanted to get some advice on a situation where a tenant (who is also real estate agent), have a notice of move-out (Dec 20th) which we only received today (post marked dec 5th), requesting that as per RCW 59...
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Hi BiggerPockets. I'm looking for some advice regarding the transfer of property from my in-laws to their 3 adult daughters. I will, of course, seek advice from a legal/tax professional, but recall from time that I pr...
I want to get into REI so that I can diversify out of the stock market. My wife is convinced that investing is a bad idea.Does anyone have an experience talking a spouse into not holding back?
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Hi BP Fam!
I'm starting to self manage my STR and had a few questions:
1) Should I have my own guest agreement aside from Airbnb/VRBO etc.... guest agreement? If yes, where can I find a template and how/when do I ha...
Hello, I have a large house that is fully paid for in a wonderful area. I make enough money to keep things running and get by, but not enough to really set aside to invest in any great quantity.
My wife and I...
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I was reading the tenant screening guide provided by BP, WOW it is full with some great information. Assuming the prospective tenant income is 3x rent, no evictions, and good references, do any of you also set a mi...
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I got my start in real estate investing unintentionally when I was about 24 years old. I was a bartender in Connecticut and making very good money. I decided it was time to “become an adult” and buy my first home. I h...
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Hello everyone, anyone I have spoke to about REI in my personal life all tell me the same thing: don’t get into real estateThey are all people who have had properties themselves, have tried to rent them out and have t...