Hi. We will close next month on our first short term rental SFH in FLL, Florida. We were wondering if it is still recommended to take wind and flood insurance; even if we are in a flood zone X and our bank doesn't req...

Good morning!I recently put a duplex under contract. I have experience as a landlord, but this is my first time buying something that already has tenants. My lawyer told me I could handle some of the tenant items myse...

My husband and I have a large backyard and have thought about building a legal ADU to rent out (or even live in while renting our main house, though that's less likely). We have comfortable in buying single family hom...

Dear BP Community and MF Guru @Joel Owens I need some guidance from our experts on analyzing the deal below. By the Numbers:A.Property Information:a.# of Units - 32B.Rent Revenue Assumptions:a.Monthly: $15,200 (Avg Re...

Hello All:I was reaching out to see if anyone had ever had any luck getting a list of names who are in danger of getting their water shut off? Not sure if this is public record or not, but i'm sure this type of list w...

Hey there BP!I'm posting this thread, which, full disclosure, will be long, and might not be for everyone, in order to document a project I am doing here in sunny Arizona.  It is on a commercial building, 8 units, and...

Hi everyone: I am currently in the process of sub metering a 4 unit in Cincinnati. I know there is a lot of confusion and questions about what and how things are done. I am happy to provide information and resources i...

Just a tip for you all starting out… Don't rent to strippers, hair stylists, bartenders etc…  If they are in the cash business, they are uncollectable.  You need to find someone with a good job that is not worth leavi...

Hey I am trying to see if I should buy a washer and dryer with coin slots and charge my tenant or not or just don’t buy a washer and dryer at all but I will be occupying the downstairs apartment myself and kinda don’t...

Hello. Looking at my first multi- unit. Here how it breaks down. Asking $52,000. 3 units.  Two bedroom- $475/ mo. 1 bed $400/mo. Efficiency $200/mo. Rent=$1075 Those are current rents. Efficiency and 2 bed have long t...