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I'm new to REI and have started looking into my options for a multi family home to rent out. What are people's thoughts on purchasing real estate that is already occupied by tenants? I can see a con being that the ten...
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I have a tenant who pays on time, keeps her place clean, and plans to rent for several years. However, she asks for the most annoying things to be fixed and it's taking more time than I want to spend. Examples: mailbo...
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I got the security deposit from someone and verbally told him this was used to hold the apt for him. But he told me he couldn't take the apt in the last minute before we signed the lease(so we didn't sign the lease ye...
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I've scanned the forum but don't really see the answer to my situation. I just bought a townhome via auction that is occupied with tenants. The home was foreclosed to the bank, then the bank auctioned. From what I ...
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Hi Everyone - I'm helping someone buy a one bedroom condo by Lake Merritt in Oakland. He wants to use it either as a rental property or AirBnb. Does anyone have any experience doing AirBnb rentals in this area? Any nu...
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Hello BP world,By continuing my education process, I will also continue with questions since everyone has been amazing and helpful so far. I currently have 2 rental properties and wanted to throw some legal questions ...
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I just read through a BP blog post about how to avoid potentially long vacancies for tenant leases that end in the fall/winter.I'm closing on the rental property at the end of this week, in December. One amazing tip f...
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Hi, I'm a novice investor starting the process to acquire my 2nd rental property. I'm considering in Augusta, GA which is two hours away from where I live in Atlanta. Potential for mid term rentals in Augusta seems g...
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Specific technical issue that triggered this post. When parents employ their minor child, the child is exempt from Social Security and Medicare (aka FICA) - if under 18. But what exactly happens in the year the child ...
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I keep hearing the 50% rule and the 1% rule i was wondering what they are and how would they apply to a house hack?