I have a rental townhome on the market. There are four tenants, all in their mid 20s. Three are qualified and one is not qualified. These tenants are two non-married couples. In the past, I’ve only rented to famili...
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We’re removing all the lovely wood paneling to find 1x8 cedar planks. My question is what to do with the cedar planks. Leave exposed and coat with polycyclic, whitewash, etc. or install drywall, texture, and paint? I ...
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We've had a reliable renter for almost 2 years. She just renewed a 1 year lease last month on May 1st. She is now saying she is being relocated for a promotion at work (not sure if this is an excuse to get out of th...
I'm considering using a HML for my first flip, but funds are tight. What strategies have people used to "bridge the gap" that the HML won't cover? For example, a generous HML will lend 80% of the purchase price. Bu...
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Hello BP Community, I'm getting closer to leaving my day job to pursue Real Estate full time. As an agent and investor. My question is for other agents who have done the same thing. What was the tipping point from ...
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Hello there everybody,
I own a property that is my primary residence. There are two garages, one i rent to a guy who is a contractor and stores his materials there. Two weeks ago it caught on fire. My insurance compa...
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Hi everyone! My husband and I just closed on our second duplex today that we plan on moving into since we purchased it with FHA. We inherited two tenants and here is our plan:
Tenant 1: We plan on asking for a renta...
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Do you put curtain rods or blinds in a new rental? I have another LTR coming on line soon and I think I’m going to install curtain rods and let the tenant buy or choose curtains.I have blinds in other rentals and they...
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Hey everyone! My first post on BP so I hope shots fired! Allow me to explain in short how my current tenant and I seem to work out.My tenants are from Brazil and have been amazing. My monthly profit is maybe $100 and ...
I have a young unmarried couple with average credit, no evictions, easily able to afford the rent of my house. AND I have three young women who are interested in splitting the rent with average or little credit. In ei...