How was that "income of 3X rental" figure arrived at and do most of you hold to that figure for your rentals?Also, for renting out a room in a home do you follow that same concept of 3X?

I am in the process of purchasing a small self-storage facility with existing tenants (no contracts), and everyone seems to pay different amounts for the same size units. Some have been there for 10+ years, and some d...

How does one transfer the title of a property from their individual name into an LLC. Also, does remove the liability from their name individually, so they can lower their DTI? Thank you for your tips in advance.

Hello BP Community!There are a few threads about this topic, but I haven't found one specific for my scenario. I have two applicants, both meet all minimum qualification standards. One applicant will be living with 3 ...

Hi BP,I have an inherited tenant who's rent is critically under market value - I can get roughly 25% more without investing a dime in the unit (already received offers from future renters). I closed on the property in...

We are a two-member LLC (for real estate buy and hold investing) where each member has 50% ownership. Each member contributed equal amounts upon opening of LLC earlier this year and there have no distributions to date...

If you have standard landlord insurance on your individual properties, and want to put on an umbrella insurance policy, is it better to use a different provider to "diversify" coverage? Potentially if your initial pol...

I have a rental property in Philadelphia.  The tenant is looking to move in late Spring and the house needs renovating; new kitchen, new bath, exterior doors and basement are the main issues.  I can not rent or sell i...

Does anyone have any section 8 rentals in Toledo, OH? I am looking into some property in 43609 and would like to go the section 8 route when the units are ready. What are rents like for section 8 in the area? What are...

I was advised by an attorney that in order to wholesale property for cash I must have specific forms and utlilize full disclosure.  I am hoping someone can elaborate on these two advisories.  I want to do things legal...