Lee Haenschen
After making the deal/offer
So I think I've nailed down one of the things that has been holding me back from real estate investing. I'm comfortable with negotiating, inspections & talking with contractors etc...What I cant seem to figure out...
Dhaval Shaw
Can Tenant Choose Where Money Is Applied
Hello,My tenant has an outstanding expense for plumbing for which they owe me $300. This bill is over a month late.Today they paid a some money and claimed it is for rent. I told them that those funds will have to b...
Yuki Yu
What are the risks for One boiler heat for Four unit family
What do you think to buy a four family house with 1 boiler heater? I am thinking of the risks and cons are:1) more utilities cost as landlord should pay for the heat2) if the heat doesn’t work in winter, the entire ho...
Matt Chestnut
COVID-19 Impact on Your Seattle RE Business?
From a property management standpoint, Covid-19 has introduced four major impacts to my business:1. New staffing model - we have divided our property teams into two block shifts to create staffing distancing and separ...
Andrew Erickson
Sub metering water on a triplex
I am looking at a triplex in South Jersey. It has a single water meter for the whole property. It currently costs about $250/mo for water which is crazy high in that neighborhood. I’d like to start charging it to each...
Jean Soo
COVID Housing Stability Act - CANCEL EVICTIONS?
Hi guys. I just wanted to share the proposal for the housing stability act for MA and it is quite frightening to me. I personally see this as beneficial more towards the tenants rather than landlords as expected from ...
Richard Lovering
Covid clause for Seasonal rental agreement?? What are you using?
Hello BP and fellow STR friends! We closed on a VT condo that's part of a ski mountain resort. I have a seasonal renter lined up for December through mid April. The main concern from the renter is Covid19. Specificall...
John Barton
Using Future Rental Income to Qualify
Can you use future rental income to qualify for House Hacking?I have talked to a few lenders who say that I cannot count future rental income and it is making it difficult to qualify for a loan based on my income alon...
Yashar Fred
is Title insurance required? I have been sent bill detals
The Title company has sent me a bill for title insurance, I was wondering what are ways to save on this?
Manoj N.
Guest overstays. What action should I take?
My tenants wanted their 35 year old son who was originally not in the lease to stay with them for 3 months. I agreed and made a lease addendum to include him for 3 months after doing a background check. That period e...