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I'm about to rent a house to a friend of mine and while I don't have an apprehensions about it (or rather him). I know the practice is fraught with issues and ruined friendships. I'll document everything per my usual ...
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Hi biggerpockets community! I come to you seeking sage advice yet again. So here's my situation. I'm currently handling all management of a friend's downtown Seattle condo via Airbnb while he's living abroad. Things h...
Hi,This is my first post here and please be easy on me.One of my friend need money for his business activity and none of the professional bankers won't lend him money due to his tax filing situation, loan to debt rati...
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Hey guys and girls,
I am looking to start house hacking soon and plan on renting some of my extra rooms out to friends. That being said, should I get them to sign a lease or not? It will probably be on a MTM basis s...
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Had a prospective tenant reach out yesterday and ask us if we are 'eviction friendly'? (We aren't)Never had that question before; usually, it's, are you pet-friendly or are you kid-friendly?It's the little things in t...
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Hello, my wife and I are moving at the end of the year and plan to rent our current primary residence (SFH 3bd 2ba) it will be our first rental. One of my wife's friends who knows we're moving and planning to rent rea...
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A friend of mine works for a small laundry mat chain that is for sale. His boss agreed to a 20% bonus upon sale because he is an essential employee and is responsible for the growth and success of the business over ...
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Just purchased my first 3 family house and I inherited 2 of the existing tenants and living in the 3rd unit. The tenants have lived there for 11 and 4 years both seem like solid tenants. One of them just friend me on ...
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Hello again all,
I'd like to hear other people's experiences in building their team made of up friends.
I am partnering with two friends on our first deal, which is going great, but I convinced the part...
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Hello,
I heard from different real estate investors is not smart to rent to family and friends because you never know what issues could arise which could hurt the family or friend's relationship forever. My question ...