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So my parents bought a tri-plex in December and have had nothing but problems with it. One unit went vacant for a couple months without our knowledge (I know, newbie mistake.) We had to do a ton of repairs and now its...
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I have been asking for photo ID, it's written in House Rules, listing, everywhere... and when they refuse, I let them cancel within 24 hours with no penalty.In a recent case, the guest complained to Airbnb, who backed...
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Hoping to get some advice on fellow BP members.I’m planning to rent out a unit for a family of 4. Mom, 2 sons of working age and a 17 yo daughter in school. The combined monthly income for the mom and the 2 sons are a...
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When companies move their headquarters out of California, they choose Texas way more than they choose any other state. Since Jan. 1, 2018, some 107 companies have moved their headquarters to Texas from the Golden Stat...
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I recently stumbled on a fully occupied 6 unit property that would bring in about 35% Cash on Cash and that does take into consideration 15% vacancy. The city itself has a higher than average crime rate according to n...
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I had a prospective tenant call me the other day, who seemed very excited about a house I have for rent. In the process of telling me she was interested she told me she was taking her current land lord to court becau...
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Hello forum!
I was reading a bit of the posts here and after seeing how friendly and knowledgable everyone was I had to sign up. I'm looking forward to talking with everyone on here, learning and make new friends.
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Like many investors, I wake up every morning with several emails about potential properties to buy. I then scour through these listings as a morning ritual. This morning I came across an interesting fourplex and did ...
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I just purchased a house for a great price and now I know why. There was a tenant in place that didn't know the house was being sold out from under him... or so he said.When I previewed the property the tenant was th...