Hey BP,I'm currently finishing up a renovation on a but and hold property and beginning to look for another property. In my searches I found a for sale by owner that has some fire damage in the basement.  I started th...

We have had a renter move in a week ago, did a walkthrough of the place, Signed the contract, and gave me the money(security deposit and first month rent) Our contract is a month to month.  Since then this lady has co...

Hello,I've been looking for some time for a home to invest in with some savings that I have built up.  I just came across one on craigslist that was damaged during a tornado 5 months ago.  It is a fairly large two uni...

My husband just went down in our tenants basement to replace the smoke detector and discovered water marks from a very obvious recent flooded basement. My husband texted them to see what happened in the basement and t...

I'm purchased my first commercial property this year and just had a water leak from a pipe going into the water heater in one of my tenant's space. The water leaked through a shared wall into their neighbor's space an...

Hi guys, I bought the house I live in back in May 2019, so I've been here for 9 months now. We are on 3 acres at the top of a steep hill; like mountain goat terrain. Today our neighbor at the bottom of the hill called...

I've been helping manage a few commercial properties in Los Angeles. For many years, during the rain season, we've been dealing with leaks. The owner doesn't want to replace the roof because it's expensive, so with th...

Hi all- I’ve never posted here before but I can’t find anything that helps me personally tell what my floor is made of. I’m probably going to post elsewhere too to see if I can get more answers. But I apologize if I p...

So, I bought a duplex 2000 miles away and it has been a cash-cow up until about August. I'm was a genius!!! Well, not so fast. 2020 once again reared it's ugly head and brought me back down to earth. One of the tenant...

Cap rate: 8-11% (you'll see in a minute)All cash deal. Price is firm. Duplex, currently 100% occupied. To leave out the boring parts, I have run through the numbers and I come up with a NOI of 10k/year. With a mixture...