Hello! I am a total noobie here. I just started listening to the Bigger Pockets Money Podcast and I am intrigued by this idea of financial independence! I am ready to take a real look at my spending and reduce my mont...
Hello Everyone!I'm a huge fan of this site and have been checking it regularly for a few months now! It's time for my first post! I'm hoping to get some honest feedback on a duplex I'm thinking about purchasing.I work...
I use direct booking for my short-term rental, but also several channels like Airbnb. With direct booking we have a security deposit that places is a hold on the guest credit card until after they leave. However, with...
Well we finally got the Certificate of Title on our first auction house. Its been a long strange trip with those things, but my wife and I think we got a pretty good deal. It seems the old owners left a TON of stuff...
I love having a flat top stove. They are easier to clean and act as additional counter space when not in use. I notice that rentals rarely have them. When I need to replace the stoves in my units, is there any reason ...
I am looking for recommendations from small property owners (I have a 4-plex) on what to do about laundry washer/dryer. I am currently leasing from WASH Laundry and they collect for me and send a check. In general, I ...
Hello BP,Im reaching out for advice as I am unsure of how to raise rent with my tenant. It's a month to month verbal agreement with a good friend of mine. He pays every month and we've had no issues for the past 7-8 m...
Hi All - I have a ten person maximum vacation rental in Mexico. Groups range from smaller 4-5 person families to groups of up to 10. I charge everyone the same although clearly larger groups consume more water, gas, e...
I am looking at a house that will comp for $165-$175k. The reno is about $33,000. I placed a bid today for $110,000. When I sell the home for $170k I will make 20k. The sale is a short sale. The bank has pre-app...
So I have a unit out in the sticks. The tenant is long-term, amazing, and pays premium rent ($1200/month for a 250 sq. ft. studio out in the middle of nowhere), and in return I provide amenities such as a washer and ...