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Do you charge a rental application fee? If yes, then:1. How do you determine the $$ fee? ... is it per family, per adult, other?2. What do you include with the fee? (e.g. background check, credit report, etc.)3. How ...
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Hello BP community, I've been busy soaking up BP Money podcast but was first introduced to BP by YouTube as I started exploring the world or RE Investing. I am a high school mathematics teacher in Dallas, TX, but ta...
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Hello BP! I'm looking at househacking multifamily properties (2-4 units) and find that some potential properties are not individually metered for electric. The prospect of covering the electric bill for all tenants, e...
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I want to make a single-family home in Longmont more optimal for sharing by five unrelated adult roommates. I will be adding a private bathroom to each of the five bedrooms and reducing common area. According to the "...
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Hi all,
I am renting a house next month to a current tenant at a different property who wants a bigger place and also wants to move in together with her boyfriend. Both currently have their own places and each have a...
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Hello BP,
I'm considering buying a rental in my town that currently rents each room, "by the room". They have each tenant sign a 6 month or yearly lease. Cash flow will be around $500-$600 per month- this will be my...
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I recently purchased a building with one bedroom apartment so am asking this question hypothetically so that I can approach it correctly if it ever comes up in my screening.
Can you reject an applicant applying for a...
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Hey everyone I'm looking to do a coliving house hack in Austin, TX and I'm curious if there are any restrictions preventing this? I know Austin just passed the Home initiative (https://www.homecoalitionatx.com/) which...
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I have a tenant who hardly ever stays at her apartment but has let her 20 old daughter move back in and the daughter brought her boyfriend with her. They are nice people but I'm not sure how to handle the lease now. ...
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Odd question but I was wondering if u can refuse to rent to a person with a kid or make your properties adult only? Mainly I ask because I recently showed my place and the kid was a complete brat and concern he will d...