Dan D.
Tell us about your expenses
I have a single family rental right now.Vacancy adjusted, I bring in $21,000 a year in rent.My annual expenses are:Property tax: $3200Insurance $900Washing machine $500Plumbing repair $250Irrigation turn on and turn o...
Deborah Burian
Craigslist Experiment - Old dog trying new tricks...
We are within one property of our goal for SFH, buy-and-holds. That makes this year the year to focus on cash flow and I am spending the time I normally spend on buying/renovating focusing on improving cash flow by ...
Scott Trench
Getting Re-Appraised - What can I do to Maximize the Appraised Value of My Property?
Hi everyone,Thus far, my first investment has gone well (fingers crossed). I've got a wonderful tenant in the other side, a safe, stable place to live, and in a wonderful surprise, prices in the neighborhood have ris...
Christopher Albritton
To a future landlord - What would you recommend to do to make the transition into being a landlord as smooth as possible?
Hello BP! As the title suggests I'm not a landlord yet, but I do plan to be one. Until then I have created my own business plan on how to operate and manage my future properties. https://docs.google.com/document/d/1Wd...
Kevin L.
Tenant Threatening Police For Showing - COVID-19 / Coronavirus
Hey BP Family,I have arguebly the WORST and most disgusting on-time paying tenant but here's the situation:I rent 3 rooms in a townhouse in Virginia to 3 different parties, essentially a shared living situation.One te...
CJ C.
Target rental turn time?
Hi All, Have bought a couple occupied properties and hitting vacancies for the first time as tenants start to move for jobs / life reasons. If the property is priced right for the area - wondering what is a “reasonabl...
Joffrey Long
Smoke Odor - How to Get Rid of it (in apartment)
[ Nitty - Gritty Rental Management Stuff 101 ]
Smoke odor in an apartment - would appreciate opinions, recommendations, some magic spray or powder you've used, any ideas to eliminate the odor.
(It was tobacco smoke...
Pat Cook
Owner put home up for sale, what are my rights?
Long story, short. Five months ago, we signed a six month lease for a home. Owner said she might be interested in selling it later. We thought we might be interested in buying at the time. Had to move here fast, to...
Thierry Van Roy
Critique my APOD
So I'm building a pro-forma APOD on an 18-unit apartment building.
How does this look? Other Income includes a service charge of 50/unit as well as pet fees and late fees for part of the units, but I'm really...
Angela Persico
Renting apartment for business housing?
I listed my first apartment and have been showing it this week. I had someone view the apartment yesterday and during the showing he told me that he was actually looking to rent the apartment for his business. He has ...