I am torn between the two potential tenants listed below. I would love some feedback:
Tenant 1- One adult male (30ish) with sister of his ex wife and a cousin and a dog. Credit is 638 with clean record. Seems...
I'm currently in my first year of my A levels and I'm 16. I know this is a young age to be thinking of a career but my mates do and I watch programmes about retail often and enjoy the concept and I could see myself do...
I have a $2000 a month rental, and a person or two suggested I was nuts for asking for first, last and security. Yet I am a bit fearful to not ask for last. Opinions?
I received an email from "Brain Parks" it is pasted below. Title: About your post loan"I read your message on biggerpockets.com, i want you to know that i was once like you looking for loan all over the internet until...
Hi BP Community, I just purchased a foreclosure in Walton, Upstate NY as a getaway from NYC and while I knew the roof needed to be fixed, I just found out that some areas of the roof need to be entirely replaced as th...
Standard practice seems to be a fixed deposit amount per unit, regardless of the number of tenants. While there are other factors and exceptions, more people generally can cause more damage than fewer people. I always...
Hi All,Just wanted to solicit some feedback from those with more experience around tenants with emotional support animals. To shorten the whole story, basically during a renewal of a tenant they mentioned that they n...
Is depreciation part of the calculation to determine whenther a property is rented for profit or not ? The IRS says a profit exists if "your rental income is more than your rental expenses" -- but is depreciation con...
ok so this gets messy. I'm in the middle of a divorce, my original rental management company was my soon to be ex wifes father figure. (no relation via marriage or blood). I fired him before the tenants moved in. Howe...
Ok I've been seeing the term "house hacking" more and more lately, can someone explain to me what it is? It seems as though there are different variations.