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a few newbie questions about renting out the property
Dear all,
I just bought my first rental property a week ago and will close end of this month. But I am trying to post ads whereever I can now and hopefully i can get a qualified tenant before closing. But, I am soo n...
Account Closed
Prospective tenant conceals emotional support animal
Hi All: I am a new landlord in Alameda, CA. One of my units in a duplex, we had a couple come in, and tell us: "we know your ad said one small pet is negotiable, but we have one dog that is 50-65 lbs. Would you still ...
Erin Kelly
What is your take on Reverse Wholesaling?
I have been reading a ton of information on Wholesaling. Reverse Wholesaling seems smarter than traditionally Wholesaling - buying a property, then finding an investor.Is there a right way or wrong way to Wholesale?W...
Matthew A Rodriguez
Advice from seasoned professionals in the property management industry.
I will try to keep this post/ question short and concise. My love for multifamily investing it growing every day. I love studying my market and sub markets. Analyzing deals. Talking to everyone I can about my love for...
Paul Sandhu
Abandoned booze, keep it or leave it?
What do you with leftover liquor and beer you find in your STRs? I normally leave it for the next tenants, since I have 2 beers on tap with the kegorator in my garage.
Rodney Reeves
First-time homebuyer/house hacker: what should I look out for?
Hi BP,First, I'd like to thank everyone involved in running this amazing site, that's been a huge source of knowledge as I embark on my Real Estate investing journey. It's been an interesting journey so far but I am e...
Wade Garrett
Inherited Tenant
I have inherited a tenant on a fourplex that i closed on last week and would appreciate some advice.Some background:- She is on a month to month, with 60 days notice.- She pays $900, market rent $1,100.- She also has ...
Dan K.
Selling flips to FHA buyers - I learned a big lesson today!
I just finished my first flip and learned an important lesson - there are some restrictions for FHA buyers purchasing flips where the investor purchased the property <90 days ago. Sharing this with the BP community...
Michael Chung
Keep shopping for lenders after pre approval?
Hi all,
I am a first time home buyer and currently lender shopping. I already have a pre approval letter from one lender. Should I continue to shop around and get additional pre approvals, or should I start looking...
Justin Smith
Newbie from Fairhope, Alabama
Greetings from Fairhope, Alabama!My name is Justin and I've recently relocated to Fairhope with my family. I currently own two rental residential properties, but they are reluctant landlord situations so I'm planning ...