Good morning!I recently put a duplex under contract. I have experience as a landlord, but this is my first time buying something that already has tenants. My lawyer told me I could handle some of the tenant items myse...
Hi All ~ In a recent episode of Real Estate Rookie, Tony + Ashley referenced a platform that you can link to your hosting platform that will allow guests to book add-ons directly; they were advising someone who wanted...
I'm living in a tri-plex house hack. Renting out 2 units and living in one. This is currently the only property I own. I've had work done on the building itself (roof repairs) and remodeling work in one of my previous...
What are the pros & cons of the 2 systems?
Hi BP, We are under contract for our first rental property but found more surprise during the escrow period. The property is sold as is and we already put down earnest money with only financial contingency left. We ha...
I had a coworker whom I decided to rent to against my better judgement. I ran a background on her and I didn't see anything other than bad credit. After she stops paying rent my daughter found out that she's had over ...
Hey everyone I'm a newbie to bigger pockets and real estate general. I'm still very much in the learning stages. I plan on buying a duplex within the next year and learn as much as possible as I can in the mean time. ...
Hi everyone! If you are posting a question on BP Forums, it's usually because you want answers from those experienced with the issue you are inquiring about.What many don't think about when posting is that many member...
Hi everyone,I'm beginning to organize a new tenant packet for when I plan to buy a SFR in a few months so I can hit the ground running. My question is whether or not forms like a pet addendum, rental application, carb...
I have reviewed the forums and evidently am slow because I simply am not comprehending Cap Rate and the value of using it as a tool. For my quick look, I tend to use Gross Rent Multiplier. These seem much the same y...