Hey BP! I'm closing on our next property at the beginning of August. It's a unique property in that it's a SFH with a full in-law suite in the basement (2 bed/2 bath with full kitchen) and a separate addition that can...
How do we start our journey to success? For some, our formative years helped mold and shape us into the triumphs we succumb to. Parents, teachers and coaches taught you, maybe pushed or dragged you along until you wer...
Hello Everyone,I'd love some advise on how to handle a difficult tenants request.In summary, this is a nice unit, not a slum and I maintain all my units. I am on good terms with most all my tenants as I make a point t...
We see a lot of posts related to leasing, screening tenants, increasing cash flows, analyzing investments, etc. - the positives of rental real estate. Sometimes we encounter situations or the unexpected that we have ...
Hi BP!This is part of a series where I detail the conversion of four units from long-term rentals to short-term Vacation Rentals (VR.)Synopsis of this part: Setting up wifi for your guests and for smart devices in you...
Hello Everyone, Recently in one of my STR homes, the tenants cause major destruction to the property. It looks like they rented it for 2 days and went wild. Holes in walls, broken bathtubs, smoking weeds in the hous...
Hi All,I'm reviewing my lease, and I'm wondering if there's any additions in people's leases that they consider must haves, or perhaps additions to leases after a bad tenant experiences? What is something you'd wish y...
Hey all,It's winter time and the oil is flowing. This gives me plenty of incentive to find a way to cut some of these heating expenses. Most of the time when the topic of submetering heat is brought up the consensus i...
There are a lot of things to think about as a landlord or property manager during what arguably is one of the most challenging times we've seen, or will ever see, in Massachusetts. The outbreak of the novel coronaviru...
Hi everyone,I just have this thought in my head and I would like to get some feedback from others on the idea since I am a beginner. In my search for properties I am seeing a pattern of diminishing returns on rents as...