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I bought a house in Woodstock, NY about 5 years ago. It was always meant to be a weekend home whose costs I could partly cover through AirBnB...I wasn't as thoughtful or concerned about the annual loss in the early y...
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I am having a dilemma here and in need to have different perspectives on this so I can make a better judgement call. I am planning purchasing a Single family rental property in Calgary (more specifically, Airdrie). He...
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Here are the vitals:48 lots31 occupied with a trailer on them, Average lot rent is $20013 trailers are owned by the park with 2 of them needing work(8-9 of these are currently rented out) The total rent is $550 on the...
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Hey BP. Have a house we're just about finished rehabbing up Duluth way. I'm all in for around $195,000. ARV back in March when I bought it was around $245,000 but the market's appreciated a ton since then and there's ...
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Hello Everyone!
I had posted many months ago about ADU plans I had for my house. At the time everything was hypothetical. Fast forward today, I have the zoning required and the necessary variances to build a full n...
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six bedroom house that is rented exclusively to students. One of the tenants turned out to be pregnant but did not disclose her pregnancy when the lease was signed.
how do you deal with the other tenants complaints/c...
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Going to take advantage of low interest rates and refi my primary house out of construction loan. Locked down 2.75%. Have the opportunity to pull out an additional $150 in equity and wondering the best use. Considered...
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I understand that debt to income ratio is very important with the first property you buy, mine is comfortable 30 %. However, if looking to go into a 4-unit property as a second property, in my case it would raise my d...
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Hello BiggerPockets Community,
I'm doing an exciting project in San Diego and would love to get your thoughts on structuring the deal. We're developing units in the backyard of a property, with the numbers looking pr...
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We are first time landlords. Our first application came in for our rental, but after taxes their total income is barely 2x the rent, where we require 3x rent. What is the proper way to deny them? Do I have to send an ...