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I have a good applicant for a 3/1 SFR I rent out who told me she would be expecting her mother to move in with her during the summer months but then leaving back "home" to her home out of state. My rental is in Indian...
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Hi all- I currently own an owner-occupied SFH rowhouse in Washington, D.C. I rent out two rooms to tenants and live in the basement (which is shared with the rest of the house I.E. kitchen, living room, W/D). I had no...
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My first tenant would like a roommate. The roommate she has chosen asked if I would reimburse him the cost of the credit /background check. Is this something that is normally done? I used a property manager to find th...
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Hi BP. Looking for some pro tips on the following situation:I purchased a 3 bed single family home last year. I lived in one bedroom and rented out the other two (yay for house hacking). I moved out and filled my spot...
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Good Morning Everyone,
I need some advice badly. I have a serious situation on my hands right now.
In one of my apartments, I rent it out as 3 separate bedrooms. All college students, which have only been there for...
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Hey All! Quick disclaimer: I'm very new to real estate so if I miss anything, please feel free to correct me. I know I have a lot to learn and am by no means an expert. I'm currently living at my parents house and sav...
My Fiance and I own a single family home and rent two upstairs bedrooms out to two roommate/tenants on month-to-month leases. We did not collect security deposits from either tenant, and instead wrote up explicit "mo...
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Hi everyone! I plan on living in Plano, TX for a W-2 job, and I am eager to buy a property in the city. I have been considering trying to leverage an FHA loan; however, there are not many affordable duplexes in the ar...
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I'm a first time investor considering buying a rental home for my daughter and her gaggle of roommates on a college campus. Could I use a DSCR loan? I would not be living there, but my child would. All roommates would...
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Hey guys, it feels like it was just yesterday that I made my newbie intro on BP. Last month I gave the keys (keypad code) away to the Master Bedroom of my first House Hack and preparing for my next move which closed a...