Gregory Schwartz
What is a good occupancy rate for MTR
I’ve heard that 100% occupancy for LTR often means rents are below market. So, what occupancy rate is considered “too high,” and when should I consider raising rates on my MTR?
For context, I have 7 MTRs listed on Ai...
Tyler Edens
First House Hack - Home Equity Loan or HELOC to Finance Updates
Hello BP community! I've been following the BP podcast and forums since January and have learned so much so quickly thanks to the support of this awesome community. This is my first post, and I was wondering if I coul...
Clareen Eberly
How do I know which paperwork to use for mid-term, furnished, rent by the room?
Do I always need to have a prospective tenant fill out an application to rent? Is that so I can weed out any prospective tenants there if something is a red flag? Then if all looks good though, I send them the residen...
Jonathan C.
Traveling Nurse Rentals
Hi BP,I did a general search in the forums for traveling nurse rentals, but want to get feedback from the SJ area.I have a SFH and was thinking about renting some of the rooms to traveling nurses. Does anyone have exp...
Rodney Smith
To Sell or Hold?
So I will try to be brief, but in short my wife and I bought a 4 plex about 3 years ago (read more detail here - http://www.biggerpockets.com/forums/223/topics/139...) .... So we initially bought this with a short te...
Alan Ford
Specific Property Evaluation forum location ?
Hello, where is an appropriate place to ask for help on a specific property - (North Carolina Beach) - would like to get some thoughts from the experts on if its a good deal. It’s actually my cousins current STR. She ...
Robert Tinker
King or queen, more bookings?
Getting ready to furnish our first STR. In your experience, both as a host and a guest, how much does the size of the bed impact the number of bookings you get? I know myself I usually look for king size bed. We have ...
Shane Dunlap
Anyone rent to an employer to house their employees?
Hello all,So I've got the other side of my duplex listed and I'm starting to get inquiries from people looking to rent it. Mostly unqualified, unfortunately. Either asking for section 8 or telling me they're looking...
Heather Hall
FL Home inspector delays inspection report 5+ days
Hello folks, we are in the process of purchasing our first STR in FL. We have previously only purchased LTRs in TX, CA, and CO. We live several states away and have relied on a local/investor-friendly realtor to hir...
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Advice Needed: Too Good to be True? Estimated Costs...
I'm thinking about buying this property but it has been completely gutted. It is a two flat but the second floor does not exist and so I would have to build out a staircase, put in the floors on both the main and seco...