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I’ve been struggling to find an STR market to buy my first STR as every market I like either doesn’t allow STRs or has a waiting list for permits due to all permits being occupied. My question is, with how many cities...
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We recently purchased our first rental property. I am looking for advice on being a first time landlord. What mistakes have you learned from over the years?
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I have a good amount of equity i can utilize in my primary(i plan on renting it). I plan on purchasing another home soon i would like the opportunity to use the loc if necessary. i dont want to ruin my dti by addin...
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Good morning!Just wondering if anyone has any thoughts on bookeeping for a Series LLC? Our CPA recommended separate checking accounts for each property in a Series LLC. Seems like there could be a simpler solution w...
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I have a 4 plex I am working to fill and have an applicant with a criminal history. The applicant has good credit, money to pay rent with no issues, a good job, and good reference from last landlord. Issue is was con...
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Hi everyone,
Just listening to BP podcast 183 with Sarah Pritchett and she referenced the website mrmoneymustache.com . Just checked it out and it looks pretty awesome. Anyone a follower of that blog and if so, have...
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When taking over a long term tenant occupied property and the tenant has a pet would it be in my best interest to immediately request a pet deposit and increase rent due to pet, or don’t say anything about it and allo...
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Hi just read a recent article on IBD regarding HUD looking to enforce equality among all renters - even ones with criminal records. I'm a new landlord so my experience is < 3 months of doing this. For those of you ...
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Hi BP Family. I want to start looking for properties to BRRR. What is your criteria for a deal?How much do you want the ARV to be compared to the purchase price plus repair cost? How do you decide what area you will...
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Hey BP folks,I’m getting conflicting info and looking to see what some of your experience is:I currently have an FHA loan on a triplex which I reside in. I’m looking to get into another duplex property with an fha loa...