Aanu Jibodu
Should I Expect Unhappy STR Neighbors?
I’m planning on house hacking and considering short term renting out rooms. However, I’m nervous doing this bc I know some people dislike the idea of living near a STR. I don’t anticipate noise / disturbance issues, b...
Jane S.
Tenants questioning lease expiration
The tenants' lease on their rental expires 12/31/23. I sent them a notice that the lease is expiring and they must vacate by 1 pm on 12/31. (I'm required to give them notice 90 days before the last day of the lease. )...
JR T.
The Tenant Whisperer
What does the BP community think about assessing tenants a $25 fee for any contact they leave on your management hotline. A "response" fee. Any time they call you bill them $25 UNLESS it is to report water or fire dam...
Mehran K.
Odd Rental Income & DTI Question. Help!
I am in the process of closing on my first deal and I can't stop thinking about lining up financing for my 2nd!
Here is my situation:
Starting on May 1st 2012 I rented two spare rooms in my personal residence. I had ...
Jonathan Valdes
Mortgage Denies my loan
Hey BP!!!So I’ve had this amazing duplex under contract since May 2019. All parties are ready to close. My lender is now telling me they will not give me the loan to purchase the house. Their reasoning behind is I “do...
Ed Matson
HUBZU Purchase and Sale Agreement
Has anyone had experience closing on a property with after winning a HUBZU auction? Their PSA looks very one sided to me.
Angela Tanudjaja
Late fees: do you do % or flat fee?
Hello everyone,
For those who rent out their apartments, do you charge a late fee based on rent percentage or a flat fee?
If so, do you set a daily rate?
I'm asking because I'm working with a prop...
Vernon Martin
Rooming house, good or bad?
I would like some input from other investors about the experiences you've had with rooming houses. Good, bad or be advised?I am in a contract to purchase one in Cedar Rapids, IA. 13 sleeping rooms in one large house, ...
Jennifer Lee
what was the CATALYST for first deal? or if new what are you waiting for?
hi BPI had an interesting conversation yesterday.A lady called me from my zillow agent page. She apparently researched me bef calling.She was inquiring on a property that I had recently sold, she was interested in inv...
Everett S.
Ground-up Affordable housing - APPROVED!!!
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $15,000
Cash invested: $5,000
Our first ground-up development project has been approved!!!! This is a vacan...