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Hello All, New Member With A Question,I'm hoping to tap the collective wisdom about our situation. We (myself and spouse) are relatively new to landlording, say between 1-2 years (5+ years if you include renting to f...
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1. If I offer a tenant $500 cash for keys, do I also give them the security deposit even though I don't have rent late into the month?2. When exactly does one offer this? If grace period ends on 5th of month, sending ...
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Im wondering how the REI world looks upon younger adults when it comes to starting out. For example, im an 18 year old, but very knowledgable. I have a feeling that if I do begin this career as early as I am, then of ...
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Hey Everyone!I am actually taking one of my first real estate classes in college and every weekend we have to read multiple articles and comment on it. After several weeks of reading I found that houses prices are dec...
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Hi B.P.
I'm going into college soon, and I'm looking to do my first deal. I was looking to start out with a house hack (or just regular rental without me living there) near my college. Obviously, I'll be renting the ...
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I am interested in investing for the first time with a syndication deal that is offering equity multiple of 2-2.3x, CoC 5-6%, IRR 16%, 5 year term, but I’m a little hung up on all the fees associated with it: an acqu...
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I am fairly new to this site and have a basic question. Recently, I rented a unit to a person who has paid the deposit (one months rent) in cash along with pro-rated rent for the part month (that he moved in). Since...
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Hello! We are looking at properties that already have tenants. I am wondering how that process works (lease, rules etc. that are already in place from previous owner). Do we write a new lease and have them sign? Do we...
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What can I take out of a security deposit for dog-destroyed carpet that is 10-years old?Tenants moved out after 4 years. On top of the normal security deposit, my tenant paid a $400 damage deposit to have a pet. The d...
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Hello BP community! Landlording question for you all -- I am under contract for a SFH by a university, closing in early April. Wondering if anyone had advice on renting to students? I would ideally rent to grad stu...