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I am considering my first purchase for buy and hold and found a potential deal, but there's a caveat. I plan on living in one side of the duplex for the first 1-2 years. By doing so, I will "reduce" living expenses...
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Hey BP'ers, I would appreciate any advice experienced landlords could give me on this one. I am screening an applicant now and trying to make a good accept/reject decision. The applicant has a job grossing 2.8 times t...
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As a first time landlord, what would you say was the most important things that you did when you first started out? Additionally, what would you say is the most important things I could do to position myself with my ...
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I made an offer on a duplex property in a tough part of Saint Paul today. I offered about 20% lower than the asking price so I'm guessing it won't get accepted. It's in a neighborhood that has some houses with boarded...
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Hi BP! It's our very first time screening tenants and have a question. We're running into a lot of applicants where they have older parent(s) that live with them, some who still work, some don't. Our current requireme...
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This Topic came up on another forum post and It got me to wondering,
As a tenant/Landlord, What is the minimum amount of money you would go to Small claims court for in a monetary dispute? I never really thi...
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It seems about 90% of my inquiries on a rental include a “ I have one or more ESO’s”. It used to be a trickle here and there, but now it’s just about everyone. It’s more the college age crowd where everyone has an ESO...
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So I have a tenant with 8 mos left on his lease who has been offered the opportunity (he was not terminated) to move to a new town for a position under the same employer. The new position provides housing and flexibi...
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Need help understand the difference in mortgages for SFD 4 units or less versus a 5 units or more apartment complex? What are terms on mortgages for 5 units or more etc... I'm in Seattle and SFR seems to be better wa...
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We started this journey 2 years ago - We just pulled off our best deal yet! After going through the ups and downs of dealing with Section 8 Landlording, we finally learned how to maximize our profit per door. We focus...