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Results (301)
Joshua Nash How.do I estimate repairs?
1 May 2018 | 15 replies

Hello, BP! Does anyone have an idea how much they would estimate a full gut and renovation of an older 4 Bed 2 Bath home would be? Located in central NJ. Just under 2000 SF. Lower middle class area with similar homes ...

Grant Woodward Guest Issues Unlocking Schlage Encode
27 February 2023 | 13 replies

I recently started up my first STR and went with the Schlage Encode smart lock based on recommendations on here and the Channel Manager compatibility for auto assigning codes. Thus far, 2 out of 6 guests have had issu...

Account Closed What can the financial statement tell you
11 December 2010 | 9 replies

As a CPA and an investor, I'm well aware that reviewing financial statements is important. I'm curious what many of you as investors look at when reviewing these statements.

Besides the fact that there may be issue...

AJ Wong The subtle but KEY difference between a short term rental and a vacation rental home
18 September 2023 | 16 replies

Work isn't a four letter word often associated with short term rental properties or vacation rental homes but probably should be. 
I reckon in the past four years, I've covered as complete spectrum of vacation rental...

Rick L. What financing strategy to utilize to acquire properties?
17 September 2015 | 15 replies

In the past I utilized an FHA loan to purchase my first investment property which is a 4-family I also live in.  My most recent acquisitions have both been duplexes that I acquired using a HELOC and funding minor/mode...

Zack Thiesen Lending vs Income Doc Scenario with BRRRR Method
12 January 2020 | 5 replies

I am a little skiddish about posting what might be a stupid question.. I am currently closing on my first rental that I bought here in California three years ago and if all goes well I should be up $120k sooner than l...

Brian Mitchell Notice to Quit based on the Smell of Smoking?
15 May 2019 | 10 replies

Hello BP,I have a tenant that swears she’s not smoking Pot in her unit. But, the last two times I’ve been in she’s said it’s a bag of marijuana I smell coupled with a few other marijuana non-smoking products. Maine ...

Nathanael Giovanni Opoulos Nathanael Giovanni Opoulos from Ogden, Ut
26 September 2019 | 8 replies

Who is this new person you ask? Well, I will endeavor to illuminate. Nathanael G. Opoulos or yours truly was born in West Jordan but moved to Sanpete county Ut at the tender age of three. Succeeding years led to the p...

Scott R. Well, they rented my house, too bad I didnt rent it to them! eventful day!
25 January 2010 | 16 replies

Wonderful day.. HA!, Have a property not quite rent ready, looks pretty good inside, new paint, counters, new bathroom ect, but the house still has alot of problems, the 2 bedrooms, bath and living room need to be rew...

Barbara Chan mentally unstable tenant trashed section 8 unit
22 March 2016 | 10 replies

We are contemplating buying a distressed property with a tenant that faced eviction because when he trashed his unit it became uninhabitable. Apparently his sister is stepping in to make repairs and keep him there.  O...