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Fair Housing Act - Limiting Number of Residents
I have a small SFR and would like to limit the number people occupying the dwelling. It is 2 bedroom, one bath and a little over 600 square-foot. In the past I have had mostly two person rental agreements and they a...
Brian Tran
Submitting your picture with an offer
Hello,I've read that Brandon likes to submit a cover letter with a picture of his family with his offers for properties. I personally really like this idea and am thinking of trying this out myself. However, I look re...
Austin Clark
Living Beside Your Primary Residence
If I used my VA loan on a property that is my primary residence but then I live in an RV right outside it and rent out the property, is that still legal? I can’t find a for sure answer on this.
Ryan Wydler
AIrbnb model in Richmond Va
Hey BP,I am curious if anyone is using the airbnb model in my local area, Richmond, Va (Lakeside, West End)? What obstacles did or do you face with the county doing business as a short term rental? Have you been able ...
Nancy Roth
large family applied to rent small house
The applicant, a single woman, has 4 kids. My rental in Baltimore city has two legal bedrooms plus a 3rd "bonus room" upstairs that has no exterior window or closet, so we advertise it as a 2-bedroom. Occupancy guidel...
Nnabuenyi Anigbogu
New FHA guideline
Hello all,I have a question about a new FHA guideline that my loan officer just informed me off. He said that starting in Jan 1st, FHA does not allow you to count rental income from a property that you are departing u...
Britt Smith
Workaround to financing
Guys, I've been hearing/reading people are having trouble financing their short-term/airbnb rentals because the banks will not use the income due to inconsistency. Now maybe I am oversimplifying this but IF and ONLY I...
Devin Keener
How does the $150k AGI rule work for real estate tax deductions against w-2 income?
I'm new to real estate investing and own one rental and a primary residence. I recently found out about the separation between passive and active incomes and that there are rules about crossing the line on how you can...
Dhruv Anand
How to partner with friends/family as LP in a Syndication Deal?
Hi Team,I searched several keywords across BP and couldn't find an answer to these questions.I have several friends and family members who want to invest along with me as an LP in Syndication Deals.1) How should I str...
Mitch VanDeveer
Attorney Needed Phoenix
Good Evening BP,I'm in need of an attorney with lot split experience in the phoenix metro area. I have a parcel we would like to split into 5 lots that comply with the current zoning but the City of Phoenix Land Deve...