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Please help clear my mind from my skewed point of view of how REI works.My goal is to buy a multiplex apartment building and live in one of the units. So I'm guessing that I'd have to put something like $50,000 down f...
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My insurance agent says I can require my tenants to have renter's insurance. I run a pretty tight ship as far paperwork and managing my properties, but this is one area I maybe failing in. I appreciate any thoughts here?
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I have a number of rental units where I use the MLS rental lease. I use this so I make sure I meet the state requirements. I do not have a list of guidelines and/or rules that the tenant signs other then what is in ...
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I've heard the horror stories from landlords about how the tenant they were evicting poured cement down the toilet, played hammer darts in every room, ripped out the copper, or left piles of garbage for the landlord t...
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I had a friend ask last evening if she needs to disclose to prospective tenants that their half of a duplex may be haunted. Not having any experience with this I thought I'd ask BP. She bought it as a rehab and in the...
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I posted a thread a few days ago called why do we invest? There were a lot of good replies on that thread with many bigger pockets members listing their goal of 5000, 10,000, 12,000, or $20,000, per month for retireme...
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Over the years of landlording and owning property in a college town, I have noticed that my Special Stipulations section in my leases have taken on some strange phrases and warnings to new tenants. It seems that e...
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A tenant who has just moved into a property I was using once a week for 2-3 days at a time had told me last week that they had a problem with the fridge. The wife told me she had cleaned under and it looked like it wa...
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Hi Everyone,I'm new on here and trying to learn as much as possible. I have finally decided that I'd like to start building a passive income - this has led me to the idea of buy and hold Rental properties as the sto...
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Hi everyone,I am building a 2800 sq. ft., 4 br/3.5 ba home with a 1600 sq. ft. unfinished basement on my 13 acre farm in Bealeton, VA. Although this is not a spec house or custom build for a client, I am using this o...