I have a 4-unit building in Buffalo, NY. I am in the process of renting one of the units. The applicant is in a program where she receives a rent stipend up to $960. Rent on the unit is only $700. The stipend doesn't...
We are in the process of building a lending package that can be provided to lenders up front when we are asking for a loan. What would you include in this package when you meet with a lender? Taxes, profit loss, asset...
Hey BP community,
I'm working on renting out my first SFH. This is a home that I bought to live in, but now we are moving so I'm using it as our first rental. I'm using a property manager. They've got the property li...
Do you have a personal letter (about yourself) that you include with offers to add an emotional incentive. I am about to attempt a negotiation for a home and would like to put forth my best efforts in showing the sell...
What should i require tenants to include in their renter insurance policy? I think i should be listed as person of interest to be notified if policy lapses, but there are additional protections i could have ? Thank you.
i (once again) am having trouble finding tenants for my latest house.
website - http://onpointrentals.com/index.php?p=1_16
craigslist ad - http://detroit.craigslist.org/wyn/apa/4226172664.html
it ...
My business partner and I are putting in an offer on our first property. I will be supplying the capital for down payment for this first property. The preapproval and loan will be in my name. We plan to transition the...
Hello everyone, my first post here and I'm kind of excited! I am working my numbers for buy/hold/rent a SFR in Warren, Michigan and was wondering what common practice is there for paying things like utilities/snow re...
My husband and I are looking to get our first STR soon. We've been thinking about different items we want to offer our guests, including baby items like highchairs, portable cribs, etc. (Our target guests are families...
I talked to someone who told me an ideal lease agreement would be a NNN lease that includes 2-3% property management fees, so the owner doesn't have to pay for them. Is this realistic? I am planning on offering proper...