Operating Expenses seem to be a big shade of gray for investors. Especially for a newbie like myself who has never run an investment property. Do the vets recommend itemizing expenses when running a cash flow statem...

Hello everyone,
First I must thank J Scott for the business plan template that he's made available through his website. I spent about 8 hours yesterday on it, but thank God I finally have a great business plan and the...

Hello all,I'm in the process of purchasing my first single family rental property as a long-term buy and hold. I'm located in CT and purchasing in the Atlanta area, so I can't see the subject property in person. I rec...

Hi All BPers!I need some guidance. My tenant wants to level the backyard before the annual weed and feed. Below are pictures of the yard. It is uneven as you can see. They wanted to rent a tiller at first which I ques...

There are so many real estate investing "rules" that seem to work a lot of times but following them "blindly" will make you lose out and overlook a ton of investing opportunities.For example, I've heard of the rule th...

Hi all,My wife and I recently moved back from the Bay Area (grew up on the East Side) and purchased a 2 bd 2.5 bath in Ohio City this Fall. Our plan is to hold onto this property and eventually rent (in 3 - 5 years). ...

Background: I am still looking for my first investment property. I have found a 3 bedroom, 1 bath for approximately $30,000 and I think it can sell for around $80,000 to 100k with ~20k in renovations. It is a 1.5 st...

The property is located in upstate New York , it is 2 attached properties with one deed . Total of 4 units. "1's rent is 1000 for a one bedroom with the lease with section 8 across the hall has a month-to-month leas...

Hello BP fam,
Thought it about time to write up my first investment purchase (BRRRR deal out of state). 
Refinanced my $ back out in just under 6 months using Delayed Financing, my rehab $ too.
In short, did exactl...

Hi all,My fiancé and I currently live (rent) in the North End neighborhood of Boston, and while we love the location and convenience, we're both sick of forking over 1/3 of our income each month in rent. I've been doi...