Hi, my first rental is up for a new tenant(I have only had one since turning it into a rental). I listed the property and found a new tenant that has completed an application, screening, application fee, is qualified ...
Delivering my first rent increase letter. Original lease expired and it's now in month to month stage. Good tenants and I want to keep them. We have good communication and no issues. I've seen it both ways online, do ...
Hi BP,I am building a new construction duplex and am deciding whether or not to rent it out just sell it. My numbers for each are below. Which provides the best NOI? Opinions?RENT:Monthly mortgage all in is $1130. Can...
I'm in the Chicago suburbs, and I have a Self-Directed IRA that I"m looking to put to work. I'm considering using it to buy a mobile home in order to rent out. I'm looking for some pointers. I'm not seeing any mobi...
This is a very interesting article about rent growth and decline in various markets.https://www.cnbc.com/amp/2023/...
My wife and I bought a SFR to live in, in Aug '17 and finished the basement for ~$18K. We will move out in Aug '18 due to a job offer, and we'll have built 10% in equity, including downpayment, at that point. I plan ...
Hey there! Hope everyone is doing amazing.I am located in Charlotte, NC and I will be renting out my property for the first time somewhere around August. There are a couple of repairs that I will have to get done on t...
Hello All - I am a newbie to the whole REI world. I have been reading up on the forums and listening to the podcasts but I cannot quite find the right answers to my questions. I am thinking about using a hard money le...
Hello Fellow BPers,
My LLC owns a business property where I’ve run another LLC business for the last 17 years. I’d like to start renting to myself (my LLC commercial prop renting to my LLC business running out of it ...
Hello, new investor in California and will close escrow in a couple of weeks on 1st investment condo. Acquiring existing tenants that I agreed can stay but found out their security deposit does not equal 1 month rent ...