John Hanson
1% or 2% rule in Minnesota?
I'm just getting started in real estate investing, with the intent of renting out either single family homes, multi-family or townhomes. I know that one cannot go strictly by the 1% or 2% rule, and that more detaile...
Mark Hall
Successes in home automation for rental units?
I currently manage 7 rental units and have been thinking about installing some home automation devices to better help manage the properties and receive alerts. Idea 1: we pay for heat in one of the buildings. I have...
Alex Get
How do you deal with a Tenant Who Pays Rent Late?
What do you do if you were me? Please advice?
Even though I trained them that due date is due date, My tenant moved in May 2109,it’s a year lease contract with 1st
day of the month due, in June 4th, I got the firs...
Johann Jells
Can I safely deny a family with kids?
I have a family of 4 wanting to look at a 650 ft 3rd floor unit with two 7"x10" bedrooms. I think it's too small for 4 and I don't want to burden the 2nd floor tenant with the noise. Do I have a risk just telling them...
Arnie Guida
Do You Drive By Every Day?
I do.I can't help it. It's part keeping an eye on things, but it's also part pride. I feel so fortunate to be able to say, "I own that."I realize many here don't live as close to your buildings as I do, mine are all ...
Joel Duque-Estrada
Rules about Airbnb in Hawaii
So, I've got a single family house in Hawaii, on the island of Oahu. I'm moving back to the mainland in a few months and I'd really like to use it as a vacation rental on airbnb. I've seen a lot of airbnb listings i...
Dave Alexander
How hard is it to get + cashflow on owner occupied property (250k+)?
Hello All, I'm new to the forums and am interested in owner occupying a 'plex (2-3 units most likely). Prior to discovering BP I assumed the only rules for successful renting were to not have vacancies and not to take...
Lara N.
Long-term consequences of allowing a smoking tenant
Hello everyone,I own a one bedroom condo in a desirable neighborhood & I will be leasing my unit very soon. I already had an interested prospective tenant view the property & he's quite interested.He has a sol...
Mitch Turgeon
Should I use an agent?
After some inspiration from the Bigger Pockets Podcast, I convinced my wife we need to sell the home we love and capitalize on all the remodeling we have done over the past 9 years so we can start investing. One of m...
Cody F.
Tons of people asking to see an apartment, how to handle this?
We have an apartment available, but there's about 1 in 10 applicants that ask to see it before applying. I don't want to drive all the way there just to show the apartment to someone who I'd never rent to anyway. Ho...