Ramki D.
Clarifying Wear and Tear vs. Tenant Responsibility for Appliance Repairs in CA
Hello fellow landlords,
I hope you're all doing well. I wanted to open up a discussion about an issue I've encountered recently in my California rental property (7 yrs old home), and I'm sure many of you have faced s...
Spencer Hoogveld
12-Plex Purchase Formula
Hello BP Community: I have a question about a 12-plex apartment complex that I’m interested in - The sellers are an older couple who are looking to get out of the rental business after 40 years. In total there are 12 ...
Stephanie Gothart
Flip for First Time Buyers
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $76,500
Cash invested: $47,500
Sale price: $185,000
This one was in my self directed IRA. It was a complete gut...
Brandon Reiter
Building a Bulletproof Bathroom in a Duplex
I recently closed on a duplex (2BR, 1BA, 1152 sq. ft. each) that needs some work done in each of the bathrooms. Similar to what David has, the bathrooms have windows in the shower/tub surround. Has anyone found a good...
David A.
House on craigslist in Watauga Texas just called owner
I have just started browsing through craigslist to find motivated sellers and so far this is my first call. From my conversation with the owner, he has this house paid off and started at $80k and then $70k. This is pr...
Jordan B.
Found out Seller lied on Disclosure statement month after settlem
Long story short I purchased a "flipped" home and now finding out the previous owner never obtained a permit for any of the work. This was my first home purchase and I missed a lot of the red flags I am now seeing. Th...
Matthijs Pol
Do I need a CPA?
This is my first time filing taxes and having investment properties both purchased late last year. Normally my wife does our taxes through Turbo Tax and that’s what we are planning on doing this time as well. But what...
Xiaoyu L.
California Code Enforcement Nightmare
We are currently in a nightmare with code enforcement. A tenant's drain got clogged and caused sewage to back out in one room. They called code enforcement on the property. I don't know why they think that was necessa...
Roy Mitle
How often to check on rented house
I have a townhome that I have rented out for the past 2 years to 2 different tenant groups. All the renters have paid on time and I dont' have much contact with them except when something breaks down etc.. Do you guys...
Steven Mitchell
DIY-Most common items to fix as a landlord
What are the top 10 things I should be able to fix on my own that I don't need a contractor or repair man for? I'm trying to house hack and limit my expenses as much as possible. Steve