Since it's ideal to approve a rental applicant with income 3 times the rent, I wonder if combined income of multiple applicants over 18 who will be living in the unit qualifies this requirement?  Or is it best to have...

Hi Guys,I have a 5 bedroom unit where one of the roommates is looking to sublet his room.  His dad is sick and he needs to be away for a couple of months.  As it stands now, there are 6 roommates that are on the curre...

Hi BPs!I need your feedback on this.  So I've applied for a mortgage loan.  The investment property is in Illinois, a 3/2 house.  It appears that I've passed all the requirements from the underwriter except for one th...

1 roommate had a heart transplant a couple months ago and hasn't been at the house since. He officially moved out without notice yesterday claiming that the house is not a good environment for him due to carpentry in ...

Dear fellow BPers,I have a house that leased to 4 tenants in California. Unfortunately, their relation broke down and were disputing about anything. In fact, one tenant is already threatening to sue another in a small...

I found out yesterday that one of my tenants was killed in a car accident early Saturday morning.  I feel terrible to say the least.  This is in my three family property and he was room mates with another guy who is h...

Hello everyone. I am a first time homebuyer closing escrow for a condo. My strategy is to house hack but not too sure on how  set my listings for the two extra bedrooms that I have. My main goal is to lower my monthly...

Are you planning on attending BPCON2024 in Cancun October 6-8th, but don’t know where to find a friend to share the room with? Do not worry! We have created one location for our members to find their roommates for BPC...

Hi Everyone,I am thinking of purchasing my first home and have a question about mortgage applications. I have excellent credit (>800), however no history of a mortgage. I had a loan out on a car that was paid off i...

I've got about a dozen 2-bedroom STRs.  My only competition is motels.  A motel room with 2 beds is $400 a week (no pool, gym or free breakfast).  My tenants all have a per diem, and $200-$250 a week is their budget f...