I am interested in your guys' opinion of still using a property management company while house hacking in a 2-4 unit MF. The biggest reason behind this is getting the 2AM knock on the door because your residents' toil...
Our 1st tenants will be moving in on March 1, and are moving from Texas to Colorado. They have requested that we wear masks for the walk through. All mask mandates have ended for all counties in this area. We do not w...
First some background: I am screening tenants to rent a room in a house I am living in.tl;dr: Seems that the applicant was rushing when filling out the application and had many errors in the application - not obvious ...
What's up BPers,I've been shopping around for my first property and I have a concern with who I hire as a realtor. I won't drop names here but the person I found has sent me a lot of overpriced properties and every ti...
Hello! I have rentals in Columbus, Ohio and I was researching the legal ramifications involving Section 8. It appears that there is a new law in that county that was passed that requires landlords to accept Section 8....
I have a 2 part question on deed restrictions. Here is the language in the BOA/HAFA short sale addendum (paraphrased):
No transfers for 30 calendar days. No selling for a gross sales price greater than 120%...
When you’re deciding whether to lend to someone, what do you look at first? Is it their credit score, their track record with loans, or the investment they’re trying to fund? Do you rely more on the deal itself or the...
Hi BP community, I am currently searching for my first investment property to househack, and something I have been noticing are below market rents. Most recently I saw a potential property that met my criteria but the...
Is there a rule of thumb for an old place built in 1900. Right now I am using 8% for Repairs and 8% for Cap Ex. What do you guys think? The place is in good shape considering the age. But I am nervous about the ag...
I work in the Ohio Valley where most of the economy is driven by oil and gas. I found a 4-plex for sale that I am considering purchasing and moving into. There are currently 3 other tenants and I would be moving into...