We are under contract for our first multi-family investment property. We asked that the first floor be delivered vacant, as it is not lead compliant and there is a family with children under age 6 living there. We are...
Im 50 years old and have want to invest in real estate for quite a while. Recently I inherited some money( not a huge amount) that I would like to invest. I live in the Portland,Oregon market and housing prices are hi...
Dare I ask if you profile your prospective tenants?
What are the best tenants you have found?
Race, Age, Income, Etc.? (Yes, I know you're not suppose to.)
From my experience, dual income, blue collar family with kid...
Confused about what is the best decision for me and my family. My wife and I have access to three pre-tax retirement accounts, each of which have good low cost index fund options. I expect that we could max out all th...
Can Condo bylaws limit the # of children in my rental unit?We recently bought a 2 bedroom condo, renovated it, and rented to a single mother (and her 3 children). The Condo Board is now telling us that we have broken...
Hello again BP. I have a fair question. I live in Connecticut. On a month to month with no lease. Is it possible for the landlord to up rent by as much as 45% in as little as one month?
The circumstances are as follo...
How should I go about including minors in the lease. This is a trailer park. I realized I have to do something or else the tenant could have children "squatting" there that aren't even in their custody. Should I just ...
I recently purchased a building with one bedroom apartment so am asking this question hypothetically so that I can approach it correctly if it ever comes up in my screening.
Can you reject an applicant applying for a...
I've placed ads for a small house for rent. I've had a few people say it was the husband and wife, child and mother in law or a mom with adult children. This is a small house - 3 bedrooms but really small and I do n...
Hey guys, I saw a listing for a furnished month to month 2bed apartment, discount for 3+ months. Says Not suitable for children. This is not senior housing. Is short term allowed to discriminate against children? At w...