In June I purchased a house in East Memphis (Colonial Acres) for $77500. I completed a full renovation of the property and am now all in for about $107,000. I have a potential tenant that will sign a 2-year lease fo...
My current residence has a mortgage that costs ~1,100 per month, I can rent the property for a minimum of 2,000 possibly 2,200. Should I rent this out and get a new property or should I sell and cash out ~80-90k?
Hi, what is a good website to view to see how much a house could rent for? Or even long term appreciation. I have used zillow rental estimate but is there a better one out there? Suggestions?
Would it be beneficial at all, either for tax purposes or otherwise, to "rent" from your own LLC or Trust? For instance, if I bought a home through my LLC as a rental, but I lived there, would there be any benefit to ...
Is rentredi included with my bigger pockets membership?
I’m under contract for a multi home property, which I am house hacking. I will be inheriting a 20 year tenant, who has been great. According to the current owner, he has never been late on payment, and is a model tena...
Hi all, First, I want to thank this community and everything y'all have done for folks such as myself who have just closed on their first deal. I purchased from a family member who will be moving out by June. The issu...
Last month the check bounced. Then the tenant paid the rent and the bounced check fee.
This month I still have not received the rent. So I left him a message stating I would be posting a Pay Rent or Quit notice on hi...
Hi, I'm new to landlording but thanks to BP I think I have a pretty good handle on the basics. What this situation is though, is somewhat unique. Here's the story:So I purchased this property with 3 tenants already in...
I am currently putting together my minimum rental requirements, like income, credit, and rental history requirements. can I advertise that I will not accept felons? or would that be considered discriminatory?how do yo...