Alexander Lang
Tenant screening - Income = 3X rent
Hi BP Fam!So the rule of thumb I hear is to have the tenants gross income equal or greater than three times the rent rate. Just to clarify, If I have a boyfriend and girlfriend, sisters, friends, whomever renting my u...
Jake Engle
When to have appraisal completed for BRRRR property
The rehab on my BRRRR Duplex that I purchased is nearing completion. I am 2 months into my 6 months of seasoning before I can refinance on the new appraisal. One question I have is when should I be having the appraisa...
Jimmy Epolito
Roofstock Experience for a Newbie
Hello All. I hope everyone had a wonderful Holiday Season. I just wanted to post about my very recent experience with Roofstock. I stumbled upon Roofstock late one night via a Google search to find investment prope...
Simon Stahl
Early PM contract termination
I have a triplex in San Antonio, TX that is managed by a PM. There are still a few month left until the PM agreement ends, but I am pretty unhappy with their services and would like to get a new PM before that time. T...
Juan Cordero
House hacking a duplex in Austin
Hi,I've been considering and am actively looking for a duplex where I can live on one side and rent the other. The Austin market seems to be continually growing and house prices keep gowing up. For this reason I think...
Wesley W.
Floor plan advice needed on rental unit renovation
Hello all,I once again call upon the collective input of the BP community for my latest project.I plan on completely renovating the downstairs unit in a duplex we own. In my opinion the floor plan is terrible and the...
Nathan Gesner
L.A. Creates New Law, Bans Tenant Harrassment
https://www.latimes.com/califo...Here are some interesting activities that will be banned, along with my comments:Deceiving residents about whether they are required to move out (what is "deceit"? If I tell a tenant t...
Dave McCulley
Duplex House Hack Cash Flow Question
I am looking to get out of my current SFH and into a duplex to house hack. I know cash flow is very important and getting the best deal is the most important thing.
If I break even of have to pay a little in mortg...
Oscar Meneses
My plan to get started with investments
What do you think of this plan? I´m a new investor from out of the country. I want to: A. Build a portfolio of SFH rentals for cash flow. B. Build turnkey properties that I can sell to passive investors in my count...
Iris Olivas
Should I move my rental to an LLC?
I am a first time investor and I am wondering about moving my soon-to-be rental property into an LLC. Is this a good idea, why or why not? I filed for an LLC along with my application for a business line of credit. I...