I could use some advice on purchasing appliances, replacing or repairing AC unit on a rental property. How much do you typically spend on these items when rehabbing a rental property? 

Hey BP!My fiancée and I have a SFH in Lakewood, CO that we’re hacking. Our potential new tenant mentioned interest in “renting one of the extra rooms as an office”. We have another room open that we were planning on f...

Hello BP members,I want to ask about providing storage sheds to my tenants. Is it a good idea to install a storage unit for my renters? I'm looking at 3ft×5ft storage unit to each of my units. I'm just trying to ma...

As everyone is getting for the holidays to ramp up and the new year to turn, I want to give some insight into a simple thing that me and my team have been doing to increase our ROI by about 10-15% each month.  Some pe...

This might also be a bit of a personal finance question as well but wanted advice. Is there a set amount I should have in reserves to feel comfortable in case something catastrophic happens? I'm a bit paranoid so righ...

Hello all, Just bought a condo last year as a personal residence in Chino Hills, CA.  I stumbled across some readings about HELOC's and how it helps pay the home mortgage down faster and paying less intrest.  On top o...

I have a situation where the property I have listed appraised below contract price.This is a condo unit in south Florida with an HOA.As an example, the contract price is 250k, there is an adjacent condo that recently ...

I have a tenant that takes immaculate care of my property. They are a good family that fell on hard times in the recession. They have great long-term rental history as well.

Unfortunately, they have been late...

Is it ok to pay above appraised value? I have offered on a 4 pleX - all 3/2’s. Good area and school district. Was under contract but buyer couldn’t come up with extra down payment. An appraisal was done at 390k - owne...

I've had a tenant now for about 4 years and they are all around good tenants and good people. They have really made the house their home and will likely stay for years to come... The issue is they are late on rent... ...