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Hey BP,I’m 3 months into renting out my first property. I rent out by the rooms and charge a flat monthly fee while I take care of utilities. The PG&E bill has been over $400 and PG&E said its mainly the heate...
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Is there a digital door lock whose code you can change remotely, without a monthly fee? Our two STR's came with locks that require an extra monthly fee if we want to change them remotely. I'd like to find something ...
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Hi all- probably a silly question, but I’m about to call the internet provider in my area to hook up my duplex that I’m using as a STR/vacation rental and wanted to know if I need a separate internet hook up for each...
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As a rental investor, especially someone who invests remotely, I only hear about the condition of a property after a tenant's departure. Usually, the make ready is cosmetic, but I'm often concerned about structural is...
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At what point do you do a title search when you come across a property you're interested in?
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Hey BP community, I'm looking for some advice on managing homes with smart home Technology. I live in a ski town and many people provide management services for second home owners. People stay on retainer to provide w...
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Hello to everyone on BP!!! I have a quick question I’m sure that can be answered briefly. Okay so I understand the purchase and sale agreement contracts and the assignement contracts but I don’t understand the process...
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My goal is to purchase my first STR this year or early next. The location I have my eye on is a 3 hr drive from my home in a vacation destination. My question is: How do you know whether to hire a management company o...
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Hello BP! 1 of my contractor just his tools stolen at a job site. Looking for options besides ADT. Looks like simplisafe is a good option. Anyone used it and any feedback? If not, what kind of security system do you u...
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In a softer rental market like we seem to be in now, it becomes much more important to focus on the boring fundamentals like controlling expenses. One of the ways we have been doing that in our multifamily properties ...