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Hey all! Just last night I took the plunge and posted my very first rental listing. I've spent weeks reading and preparing for the tenant screening process ahead and right off the bat the first response I get is as fo...
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I am starting this topic to open a dialogue regarding acceptable investor returns. What I mean by acceptable investor returns is as follows:
THE TOPIC:
At what point is the investor being greedy?
I will use the ex...
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Hi All,I wanted to get a second opinion on this topic. I recently graduated from college, and am currently living in NYC. I started with about 90K in student debt and now have under 40K left to pay. I am saving each...
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Hello, Brand new here. Hello! Long story short, Wife & I were planning to visit her family in Vietnam for entire month of August (cleared my work schedule) but recently learned wife is pregnant and her doctor &am...
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My husband and I just closed on a duplex today. I dropped off a letter to the new tenants giving them my contact information, new lease, etc. In my letter I ask them to let me know if there are any repair concerns.L...
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My husband and I are renting our townhouse for the first time and are really struggling picking the right tenant - we've had a lot of interest. We have it narrowed down to 3-4 people, who all seem like great fits. One...
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Hi BP,I hope all is well. I was wondering what questions I should ask a PM if I'm interviewing them. These are the questions I got so far
1. How do you find and screen prospective tenants?
2. How and when will you c...
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Questions like these cause for a lot of variables. I get that. I'm looking for an answer from someone that has themed out a house before. Say your buying a house unfurnished. What did you spend when you were done? How...
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Converting my 505 sq foot garage into a ADU. Im looking for market specific tips to estimate the potential property value increase. There is also only 1 comp for rent near me, making the estimated rent fairly hard. Im...
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I started my STR in Galveston at the end of February this year. I've averaged about 85-90% occupancy so far, and all but one booking has been through AirBnB, the other being VRBO. As we are getting closer to the end...