James Fowler
Rent to be paid by student loans?
I'm screening for my first rental tenant. Would you ever consider renting to someone based on them paying 4 month chunks at a time, this to be paid fully by their student loan distribution and not working income. This...
Michael Poloncic
Tenant breaking their lease
Three individuals signed a lease together, all friends, the lease is set up where each of them are expected to pay 1/3 of the rent. Two of them decided to move out in December without informing me. One of them acciden...
Brian Joseph OConnor
[Calc Review] Help me analyze this deal
Hey BP community,So I'm underwriting a SF home in Greenville, NC as a buy & hold rental house hack. I want to rent out all 5 bedrooms by the room double occupancy as a male-only sober living house that I will no...
Kimberly T.
Can you charge a different application fee for a married couple versus 2 individuals?
I'm researching PMs in other markets we're considering buying in, and have seen some PM sites with info for prospective tenants. When I look at their apps, I have seen some with the following type of set up:
...
Joshua Johnson
First Multi, Inhereted TAW with mixed security/LMR payments
Hello All,In January I took control of my first multifamily in Worcester, MA. The tenants I inherited are all TAW, but have agreed to sign onto a fixed 1-year lease beginning in June'22. They came with a mixed history...
Steve Onay
Differences in SFH Market from Chicago to Dallas for graduating college student?
Hi BP community,
I'm a junior studying engineering and I'm starting to strategize for my first house-hack, and I hope to pull the trigger in about 12-18 months. I'm hoping to start my career in either metro Dallas-...
Greg Sorter
Housing gridlock and FNMA loan buybacks?
3% 30 year loans from 3 years ago have caused a gridlock in the housing market. Holders of those loans may never sell their house since the cost to buy a different similar house would be astronomical, and unless a mov...
Sam Liu
Real Estate Agent Recommendation in Memphis Area
I'm looking for an investment property in greater Memphis area. I already have a property in Cordova, but not very happy with my last agent. So looking for a new one. Any recommendations is highly appreciated.
Harvey Yergin IV
Tips for handling tenant turnover
Good morning, BP! Background:I have a tenant moving out at the end of August. I've advertised the unit and have conjured considerable interest. Tenant and I have agreed to 24-hour notice to show unit. We have yet to s...
Account Closed
Understanding the numbers
Hello everyone, Im puzzled at the moment as the answer doesn't seem immediately clear to me however while researching how much value individual renovations bring, for the most part they all bring a below 100% ROI , th...