I have a 5 bedroom house that I am currently renting to 4 adults and 2 children. One of the adults wants his girlfriend added to the lease. My question is do I increase the rent or security deposit? If so, is there...
Hello, I'm looking into closing on a fourplex (8bd 4 bath) down in the Mid-south region . I am using an FHA loan and bringing about 6500 (+ 2900 that is in escrow) to closing, I've got about 20k in Seller Concessions,...
Hey everyone, I'm curious to hear if anyone has any suggestions for the rent by the room strategy and what systems they implement when managing a RBTR.
What is the best way to set up your leases?
How do yo...
Hey all,My area has a decent sized university but also plenty of non-student renters as well. One thing I have picked up from various books and from this forum is that it is important to have a very thorough screenin...
Hi all,We recently bought and fixed up a house within a few blocks of a university. The economy of the area makes it a no-brainer to target students. I'm just wondering how successful landlords screen student tenant...
I'm considering getting a multi unit in a college town and renting to student, what are the pro and con for student renter? what are some obstacle to look for?
Hello all,
I've been running the numbers on an attractive property in my area. It's close to downtown, and a major university in my city.
It's a duplex with a 4 bedroom and a 1 bedroom, and I plan on li...
I'm looking for a new tenant for a condo right now. One person came to see it, she would be moving in with her 9 year old son, but she hasn't had regular income. Says she's in the process of starting her own business....
I have a duplex that is used as student housing. Five bedrooms 2 up and 3 down each have their own laundry.
It has been a bit of a challenge managing especially in Aug-Sept. Having to vet tenants and do leases. Thing...
I'm looking at an off market deal which is a 3 story, 7 bedroom with a bathroom and kitchen for each level. Needs lots of work, but the electric, plumbing, and roof all been redone this year, and its a nice brick hous...