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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...
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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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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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We are looking at purchasing our first rental. It is listed as 2 units but is really a ranch with 3 beds and 2 baths on main level, 2 beds each with their own bath and kitchen area in basement. Our thought is to ren...
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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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I currently have a 3 bed 2 bath house hack where I (23M) live in the master and found roommates (22M and 23M) through matching apps to rent out the other two rooms and share a bathroom with each other. I am wondering ...
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...