David Lewis
“Pandemic” and Vacation Rentals
Thought Experiment:1. AirBnB was founded in 2008 around the height of the Great Recession. In the past 12 years, the travel and leisure sectors of the economy have exploded. There have been various dips in the economy...
Daniel Hanson
Tenant wants to pay late rent with FHA home loan??
My property manager informed me that a tenant with late rent wants to catch up on rent with proceeds from an approved FHA home loan. My immediate reaction was "B***S***, that's not possible". So I had the property m...
Greg Zelner
Airbnb, landlords, and management
Hi guys, maybe I can get some feedback here from the conservative landlords and/ or investor. I’ve been running Airbnb’s for several years now using sub-renting. (I rent out long-term and ask for permission to Airbnb,...
Tiana O.
Is Baltimore City Worth it?
Hey BP fam, I'm looking to acquire my first rental soon so I can start my 2 year clock. I'm aiming to be a buy and hold cash flow investor. I'm debating whether I should get out of the market that I know (which is ove...
Matt Greenfield
Short-term Rentals: Are Small Dipping Pools / Hot Tubs worth the investment?
As a homeowner who has never owned a pool or hot tub, I am interested in installing one in the backyard of my short-term rental property. However, I am wary of the maintenance cost and added liability that comes with ...
Bryan Clement
The importance of physical fitness
Hello BP, Recently I've noticed my motivation to do things is declining, and after a serious self-evaluation, I've come to realize that a lot of my lack of motivation has to do with my fitness and eating habits. Does ...
Steve DellaPelle
Attracting Tenants - Ideas
Hi all,
I just recently purchased a 4-unit property in the Merrimack Valley area of Massachusetts.
My plan is to owner occupy one unit and rent out the other 3.
As closing approaches I am thinking of ideas on how t...
Vince Greenland
Help with due dilegence period for multi family complex
We just agreed on a price for a 96 unit class C complex. The complex is currently managed poorly with out of town owners and "suspect" management and maintenance personnel.
First, we own and manage 90 units ...
Jeff J.
moving a tenant out so another can move in: getting nervous!
I have a tenant that is moving out March 31st and another tenant is moving in at noon on April 1st.The old tenant does not have her act together and I worry she won't be out in time. She has not scheduled a moving tr...
Tyler Carpenter
LLC
I went onto my secretary of state website and looked at forming an LLC and it was $600. Is this about normal? Are there any sites you have had that you would recommend to be better or cheaper?