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So I am trying to rent out my first sfh. I showed it today to a gentleman who stated he is a disabled veteran and has a service dog. I stated, pets are allowed. However there would be an additional fee of $25 per mon...
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I Just purchased 4 unit with keyring of 30 keys. Looking at better options because I plan on having many more rentals and want a scalable system:1. $ Effective labeling of keys. Cheap option for now.2. $$$ rekey kit a...
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Hello BP community,I'm looking to avoid having to replace a roof. It's probably about 20 years old, asphalt three tab shingle, black (gray now due to the wear and tear). No leaks, no damage from plywood on the undersi...
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I am buying a neglected 33 unit property. The owner is not local and has let the property go down hill. 10 units are currently rented. The buildings look fine and are in good condition other than a few broke doors....
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Hello all, Interesting scenario where I'm curious what the tax implications would be. Sister puts house in her name for a sibling, lives in it for the first 3 years, then moves out. Sibling continues to pay mortgage f...
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In my regular non-mobile home park properties I charge for late rents. Do any of you mobile home park owners and operators charge for late rents or not?
Thanks!
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Hey all, I close on my first deal this Friday and I can thank you all for the guidance and encouragement that you have provided me for helping out the process. That said, I'll explain my situation and why I'm asking t...
After 10 months of learning, reading books, following Bigger Pockets and listening to hours and hours of podcasts about REI, I am grateful I have finally started my STR dreams. But it's been four days now since I list...
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I have a situation where a long-term tenant paid all but $275 in the rent (total rent is $1775). My lease states he will be charged $25 each day not paid but does not specify anything about partial payments. I did l...
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Hello BP,
Should you / do you invest in an entity such as a LLC or S-Corp, or do you invest in your own name?
I would love to see everyone's thoughts.