Exavier Martinez
House hack Rent by the room screening
I am trying to rent out extra rooms in my house, but It seems like absolutely nobody wants to pay for the application fee. What can I do in this situation? I have had an ABUNDANCE of people interested, but nobody will...
Catalin B.
Investment alternatives…townhouses vs. small resort
I am wondering what experienced investors/builders might think about the following investment scenarios (sort of passive income): Buy the right piece of land and build a five/six row of townhouses and rent ...
Albert D.
Turn apt land into Parking Lot business, anyone?
Dear BP community,I welcome your constructive comments and suggestions to my crazy idea above.Here is the background. My apt complex was burned down in a wildfire last year. I've been trying to rebuild it since Jan ...
Kase Knochenhauer
Why does not one talk about Solo 401(k)?
I considering opening a solo 401(k) for our new long term rentals. Why aren't more people talking about this and instead refer to a Self Directed IRA instead (even though it seems leveraging a Solo(k) offers more oppo...
Johnquel Jones
Becoming the "bank" for Pre-forclosure Homes
I was wondering if there was someone who has insight into how you can essentially become the "bank" for Pre-forclosure homes? How the process works, what all is involved, and the pros and cons? Or, if you just want ...
Antonio Cypert
Student Housing as a strategy?
Has anyone had experience doing mid or long-term rentals with student housing? An example of this being a SFH with 4 or 5 bedrooms and renting each room to a student. If so, what were your experiences (good or bad)? D...
Steven Anderson
Pets - rents, deposits and fees
I'm considering allowing pets in my rentals but I'm curious what everyone else is charging for monthly pet rent, deposits and/or nonrefundable fees to compensate for the inevitable damage related to the pets.
A few ...
Alex Buffone
Garage conversion project manager fee
I have a property in a college town, I am converting the garage into two bedrooms and a bath. My property manager is going to act as the GC/project manager for the project (he is certified and has insurance). He is ch...
James Madision
Benefits of having a LLC for a rental property out of state
I am in CA and have a rental property out of state in AZ, is there any tax benefits for having a llc? pros or cons for this situation. It is one 8 unit property. Am i able to make the LLC in AZ even if I live in CA? D...
Kelly N.
Do you charge more for month to month vs. 1 year lease?
Hi all,
Do you charge a higher rent for someone who wants a month to month lease from the beginning? If so, how much more?
I would obviously prefer a tenant who plans to stay for a year, but want to offer the opt...