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Hello we are in Missouri. We have 12 Rental houses. This is a new one on us so need a little advice. Tenants paid first years rent up front.We have vetted and accepted a tenant that is good. Great credit score, no...
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New to Arizona and I am seeing a few properties with next gen configuration. In CA, there used to be two different house numbers and it was straight forward to rent them as a separate unit. Trying to understand the st...
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We are looking at a multifamily home in NE Wisconsin. Price recently dropped from 100k to 95k. My own CMA puts the property at 85-90k, so will probably offer a lower amount to feel out the bottom. However, we have do...
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We rent to college kids often. We traditionally have all individuals sign one lease together. As far as collecting payment individual typically pays their portion of the lease separate to us. So we may have 5 separate...
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Hi all! I'm new to BP though my husband has been urging me to join for awhile now. To make a long story hopefully not so long, last year after much discussion, book reading, podcast listening, etc, decided that we wan...
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Hoping to get your opinion on me and my husband's first potential investment property. For reference, we don't have kids (maybe in the future) and our combined income is a comfortable $200k so we don't need the rental...
Good evening all, I’ve got a prospective tenant who showed up to view a home with her husband. He never got out of the car and when specifically asked said, within my hearing, that he didn’t care about looking at the ...
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Investment Info:
Large multi-family (5+ units) buy & hold investment in Fairmont.
Purchase price: $98,500
Cash invested: $35,000
Property had a significant amount of deferred maintenance, but str...
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In general should I reduce next month's rent if I owe a tenant for expenses they incurred or should I write them a check? I am thinking of record keeping and tax implications.
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I have a wholesaling LLC with a partner in Texas. We recently have been speaking with someone in Tennessee and are discussing partnering up on their wholesaling business (located in TN). Are we required or is it a sma...