Hello everyone, Complete noob here. I started investing in a set it and forget it type stock/index portfolio and it has done well. Had to do a lot of research.Now I am jumping in real estate, going for that multiple s...
I'm debating self-managing my current primary residence following a job relocation (and move) to NYC, and in part of that decision I wanted to check with some fellow BP'ers to see if there were any 1st timers that cou...
First situation: Apartment was advertised at $1400 for a 2 bed/1 bath house. Prospective tenants had 2 pets and we agreed to increase rent to $1430 (15/pet). Lease was written up with the 2 pets allowed and the rent s...
I own and manage 6 units with $100K in gross rents, all cash-flowing in the Bay Area, while working an "officially" full-time job. Bought the last directly through listing agent, and in contract on 2 duplexes right...
We're kicking off a new project in the next week or so and it's been pretty crazy just getting to this point. The house is a 3-story, 1550 sq ft row and it's currently 3br and 1 bath. We've owned it for almost 2 month...
Hi all,
I listened to a podcast recently where the guest mentioned investing in real estate in Belize. Pair that with my desire to start over in a tropical destination (I work in IT and can work anywhere) and I start...
Hello,I hope what I'm about to write is clear. Step 1)Our 3-5 year plan move from California to Tennessee and in the meantime move back in with my mother and rent out our home (comparables rent for $3,000 and our new ...
Hi BP community,I would like to have your advice about one of my tenants.I rented a property to a lady, her daughter and granddaughter in Nov. They signed a two year lease. Four months later, she claimed her relative ...
I’m consistently asked if I am a “private” landlord, or whether or not I own the property. While I never volunteer the information, I don’t lie when asked. Why is it important to tenants to know if I own the place or ...
What are some lessons y'all have learned from your rentals that you think nobody should make? Best things to put in your leases?