Nate Burnett
House hacking, Multi family, long term tenant way under market
Hi all,We're looking at a property that has been owned by the same person for 40 years, they've had a tenant in the other unit for 10 years. Market rent is about $1600+ for the unit and they're paying $1200.I don't wa...
Shawn Torsitano
Is It Wrong to Kick Out a Tenant So You Can Move In?
Hey everyone, I had a quick question that is more about morality than technicalities.I'm currently looking to try to get into an owner occupied small multi-family property, to start trying to build a portfolio of rent...
Donald S.
Applicants with no bank account
I have a rental in a solid C area. A triplex. We've been marketing since mid-december. I've got a good applicant who wants to apply, but she states that neither her or the roommate have a bank account. They're young (...
Alysa Phalen
* Inherited a 9 Unit Multi-Family in St Pete Beach, FLA* Help!
Good day,In 2009, I inherited a 9 unit multi-family apartment complex with a pool one and a half blocks away from Upham Beach in St Pete Beach, Fla. (Photo attached). The units are all one bedrooms, almost 600sq ft ex...
Marcos Medeiros
Investing in state might be too expensive, should I go out of state or just wait?
So I would love to invest by the end of this year/early 2024. The only problem is that South Florida's market is just too expensive to buy into right now especially as a first time homebuyer. So I'm kind of stuck in t...
Kayla Weigel
How to Handle Challenging Tenant in 5-Bedroom House Hack
For context, we live in our primary residence and rent out the other rooms in the house. One of the tenants has been causing issues with other tenants. One tenant already moved out, and another one is thinking of mov...
Mindy Jensen
Landlords: Do You Have An Operations Manual For Your Rentals?
I saw an excellent piece of advice in our Official BiggerPockets Facebook Group today. "I created an operating procedures manual. Details all vendors, bills, banking setup, tenant details, current outstanding projects...
Jonathan Marsh
Should I Sell This House in Austin?
Bought a new build townhome for $525k just over a year ago with 20% down securing a 4.2% interest rate. PITI is $3,100.Moving out of state in a few months.There are still new builds identical to my model for sale goin...
Brian Kim
Is a negative cash flow house hack in the DMV a bad idea?
I graduated college over a year ago and would like to live in Arlington specifically Ballston, VA Square, or Clarendon for it's nightlife, metro access, and vibrancy. I'm interested in house hacking to build equity wh...
Nithin Mathai
STR Rehab Loan w/ high DTI
Hi BP friends! I am looking at purchasing a home in Vermont to use as a STR/Airbnb/Vrbo and vacation home for my family. My DTI is too high to qualify for any conventional financing. I am looking at DSCR loans, but do...