My wife and I purchased a SFR rental for $200k. We put 20% down, only had some minor repairs before listing. PITI will be $1247/mo and will rent for $1700/mo. (I realize this is more down than most recommend, we just ...
Share your funniest excuse for why the Tenant failed to pay rent!
Hello BP! I own a home in deep east Oakland, and for the past three years it has been used as my primary resident. I am moving out, but want to convert this home into a rental property. I have heard numerous horror st...
Don't know what's the next step is. Any input will be greatly appreciated!
A little bit of background here:
In July of 2020, my previous tenant was financially affected by the pandemic and couldn't afford the rent. ...
I wanted to share this recent success story with everyone. For some history my brother Nick and I have been partnering on buy and holds since 2009. With this latest story, by far our best and (potentially) most prof...
http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2011/07/13/BA161K9LGE.DTL&tsp=1
Hi there! Super newbie here and so thankful for all the great BP advice. My 19yo daughter is looking for her first apartment with a roommate. I’m considering just buying an (ugly) SFH or condo that I could lightly reh...
Has anyone ever used Rhino or guarantor instead of collecting a security deposit? I can't seem many reviews on either company. They advertise as an insurance policy to cover losses rather than having a security deposi...
This is my wife and I’s 1st time purchasing rental property. I’m in the Marine Corps stationed in Illinois, and my wife is a teacher. We’re looking for rental property in Wisconsin or Indiana. We’ve bought and sold a ...
At a family holiday dinner, a writing sample of mine from long ago was passed around as it detailed my family's history and lineage, sparking a number of interesting conversations.
After everyone had been able to get...