I'm not sure if anyone of you high rollers have run into this problem, but getting a mortgage on a $60k rental property is brutal! Investment properties usually require AT LEAST 20% down so that makes my loan $48k, a...
Does anyone use biweekly rent payment schedule for tenants? We are inheriting some tenants that have historically had some difficulty paying. They have been long-term tenants, and the prior landlord was apparently c...
Hey BP,So. Just a short back story. Second month of lease, the rent was 2 days late. My wife texts, they say the rent is on the way. Next day I get only $700 of what was supposed to be $1700. Tenant explains you ...
Hey everyone,
I joined BP over the Summer but this is my first post so I'm really excited and ready to meet and learn from you all! I'm always open to tips and new ideas! Help is always welcome and is gre...
Hello BP community. Newbie here.
I am currently saving up for my first property. I plan on purchasing a duplex, living in one side with a roommate, and renting out the other side (i.e. the infamous house-hacking).
F...
I've looked at a lot of smaller multi-family properties in the Inner Loop as buy/hold options (by smaller, I mean from a duplex to a six-plex). As I drive around the area to look at them, I'm struck by the quantity of...
I'm just curious what others do to track their rental / business expenses, like their SOP. I'm tying to develop a best practice.
For instance, this is what I do:
1. Create a google business email / drive and create ...
Hello all. I am asking this question for my sister as both her and I are totally unfamiliar with short-term rentals. She owns a fourplex in Los Angeles which are fully rented out to long-term tenants (1850/mth each ...
Any locals here have any properties they do Airbnb with? I'm wondering about the Park City area specifically due to the swing in seasons and events. I have some capital that I am looking at purchasing a property in Pa...
Hi everyone,We have a potential tenant interested with our property. Tenant informed us of receiving disability and did not inform us of having a pet dog. Tenant told us after meeting and looking at the house that the...