David A.
Not Sure What to do with Downstairs Floorplan...
So I'm about to close on a house that is currently a 3/1.5. I'm expanding that .5 on the ground floor into a full bath, but I don't know if I should turn the room that the entrance is in into a small master bedroom (w...
Ramsey Rimkeit
Do you still accept ONLY checks for rent? Why? Why not?
Do you still accept checks for rent? Why or why not?The property management company I work for refuses to accept any form of electronic payment. Although they were unclear on the reason for this in response to my last...
Issy Mercado
First Flip in Rural Nebraska, All Cash?
Hi all! I am presently under contract for a 2/1 with unfinished basement property located in Morrill, NE. I want to flip the home. It was FSBO for 38k, and I negotiated price to 22k inclusive of past due real estate t...
Eve Velasquez
Midterm Rentals in Huntington Beach, CA
Hey guys,
I have a few questions. I'm in escrow on a 5 bed, 5 bath single family house and plan to rent out rooms to travel nurses or other monthly tenants. I've never considered renting out units monthly, so I have...
John Cashin
Renting to friends or family
What is everyone's thoughts on this subject? My gut feeling is... BAD - don't do it!! But I have no reasons to support this, maybe someone here can provide some insight into this? Thanks :)
Jay Orlauski
Update on new Triplex
Hello everyone , I have been a little absentee lately as I've been dealing with the triplex we just picked up. Just wanted to update you all on what's been going on. Some of you may remember my " Awkward first visit" ...
Mark Scarola
Rental Income Insurance
I don't have any rentals as of yet, but it's an area that I'm hoping to get into. I was reading an article (from the REI Expo magazine, if you're curious) and it mentioned "coverage against rental income interrupti...
Heather Morris
Tenant first time Late Rent Payment
I am a renter. I was out on maternity leave, but went back to work before my newborn was 2 weeks old. My rent was due on the 6th and made an arrangement with my landlord to pay the amount on the 14th (today). I have $...
Brice Childers
Working with Colorado STR Regulations?
Hey folks,
I'm currently looking to buy a property in the Colorado mountains to use as a STR. However, it'll be my first STR, so I'm a bit skittish - especially about all the regulations I'm seeing. I'm currently loo...
Drew Harris
Rent by the Room - Strategy
Hello BP,
I'm a rookie investor looking to work with partners on Rent by the Room strategy. I will be looking for duplexes and SF to do this. I plan on living in the property in one of the rooms to start leasing to...