I am just starting out. I currently own two properties and am looking to get serious and start growing my portfolio. Should I look for properties with a cap rate of 10? For example, purchase price is 84000 then rent s...
When I started with my first rental, the person who counseled me suggested asking less than market rent to find the best tenants possible, even seeking a few competing applications. Does anybody think this is a good i...
Does anyone with an Airbnb allows pets? If so, do you charge an additional deposit, cleaning fee, rent increase or all of the above? Have you had any good or bad experiences with it?
A friend of my girlfriend is moving out of state and wants to rent out her home. She's asked us about managing the rental for her. While I'm comfortable with managing my own, what are the considerations for managing...
Hey landlords:We have a leading candidate for a property rental and had them submit to a background / credit check. It came back with something interesting. They had a dui, resisting arrest and possession of weed 3 ...
Hello all. I am located in Fargo, ND and currently have 62 units across 16 properties. I am using third party property management at 6%. The items I find myself needing consistently are cleaning, maintenance, lawn s...
I'm processing an application for a SFR in Idaho. The application lists two assistance animals for two of the individuals on the application.FIRST ASSISTANCE ANIMAL: Attached to the application is the following letter...
Hi BP family,I have a question of structuring a partnership. I would like to know if anyone has put this kind of deal together.Ex. - 5+ Unit that cash flows. - But instead of bringing the money to the table you have i...
I got a rental application by a couple with 3 kids for one of my property. Monthly joint income is 7X the rent and one credit score is 630 another person is: 712. They proof of income looks satisfactory. The only part...
I just had tenants move out a week ago and have incurred some significant expenses getting it cleaned and ready for new occupants. This is a class A rental that was spotless when the tenants moved in 1.5 years ago. ...