Katy Oh
Current House... rental or sale?
Hello and Happy Wednesday! Loving BP and the knowledge gained as we enter into the world of investing. We currently own a house as of 17 years, refinanced once, in which mortgage payments are quite high.1. Should we c...
Jason Cook
Getting started in Raleigh
Hey guys!! I am currently 23 and I want to buy a house next year. I am currently going to finish paying off my school debt by Oct. then save for a down payment next year. I’m currently have an engineering job in Ralei...
Sean Graham
Second FHA Larger Family Size Requirements
Hi! The FHA website says an exception for a second FHA loan may be approved due to increases in family size. I currently have one FHA loan on a 3-unit multifamily home. My family size will be increasing this year beca...
Brenna Wood
First Time Landlord Needs Advice
We are about to endeavor in the landlord world. We just listed our property for rent on Monday and have a lady coming to look at our home tomorrow evening. Is there anything I need to do to prepare for her visit?She t...
Jake Booher
Tenants Pay Utilities
I am looking to offer on a multi family property. Currently the owner pays electric for each unit (10 total). Each unit is separately metered and I would like to get them to pay for electric themselves. Looking for ad...
Enyi Ajoku
Discrimination Claim Made Against Me
Hello Everyone,I recently had an apartment put up for rent and have been going through the process of looking at potential tenants. I got a lady who came to look at the apartment. She kept on talking about how she lov...
Henry Murray
How to mitigate risks of possible unpermitted unit?
Hey BP!
I’ve googled this and asked around but I’ve found the forums here on BP are always a good source of advice with a lot of diverse perspectives.
TLDR: How do I determine if the potential unpermitted garage c...
Alexander Lang
Lease Agreement - Late Charge and how much to charge?
Hello BP family!So I am a newer Investor/Landlord (since 2014). My question to fellow investors and landlords is how do you charge your late fee structure on your lease agreement, and how much do you charge? My state ...
Jack B.
Hypothetical: taking tenant to court for damages
Carpet is so trashed that it may need to be replaced. They will shampoo as required by the lease before leaving for Texas (they even said so), but judging by the type and amount of stains on what was spotless carpet b...
Josh Rowland
First Rental Property
Investment Info:Small multi-family (2-4 units) buy & hold investment in Milwaukee.First Rental Property. Currently living in the Top Unit. We will live there for a couple years while we work towards our next renta...