Dear BPersI have a condo that is on the market. The rent is $2000/month. I received three applications after the open house and now have a question on choosing the best tenant. Any help will be greatly appreciated.Amo...
What can u guys tell me about section 8 how does it work and what r the pros and cons I'm about to get my first multifamily under contract but it has poor people like single parents but once I renovate it and raise re...
Looking into cities to buy a multi family property. Any advice?! From my research this far I am looking towards the south east region of the US. Being that I am from the Boston area, around here isn’t that practical.
I messed up. First rental and first tenants, I screened for 3X income to monthly rent, above 600 credit score, passed criminal history, no evictions, landlord references, proof of income etc. etc.The only issue is, TH...
Please bear with my scenario here as I need some guidance on this specific issue. I am new landlord; and can use your guidance for a rental transaction in Florida.I have a tenant for my property marketing myself and ...
Hello BP community! My name is Kristian, and I'm a newbie (OK, longtime lurker) in my late 20s from San Francisco. It was always my dad's dream to build a portfolio of rental properties that would enable him to quit h...
I started spending a lot of time researching new rental markets for myself and recently came across Parma, OH. In this post, I'll share some insights based on my findings and some data to showcase why this market is a...
Hello all!Typically when I am analyzing STR deals my most efficient way to find out if a property will cash flow well or not I use the 15% rule. This is where the revenue for the property needs to be 15% or more of th...
Have created list of questions for prescreening tenants that includes questions around estimating monthly income, credit score etc. 1. What’s the message to send tenant on denials based on their responses? (Not meetin...
Hey, thanks for the time, this is my first post! I'm a UCSD Real Estate Development 2020 grad with a background in coding that got into flipping SFRs in the LA/Ventura area. When we get them at a low enough price, we ...