I wasn't sure how to word this in the subject, but here is the situation.  New tenant moved into basement apartment, and on the same day a few hours later the main sewer line backed up into the apartment (ugh).  Thank...

Hi Everyone!I'm in the process of purchasing my 2nd multifamily (woooo!!) and had a quick question. One of the individuals is on a MTM lease? Am I able to immediately request that they sign a renewal? The lease specif...

We just put our first property for rent: 2,800 sq ft, 3 bedrooms, 2 bathrooms, fenced yard, quiet neighbor in Smithfield, NC. We closed on 9/5, renovations are almost done, and we are eager to generate revenue. The pr...

We have reached out to a couple of local investors and we are getting mixed thoughts. One investor suggested to form a LLC and buy properties through a business. They said it would protect us if things go wrong. The o...

Good Afternoon. I would like suggestions from experienced house rehabbers that may have fixed up an ACLF (Adult Care Living Facility). I have a house/building that is located in a residential neighborhood. It is...

Hi all, I’m coming close to buying my first rental as an out of state STR. I have been in contact with a local property manager who charges 18% to manage the listings on their accounts (Airbnb, Vrbo, etc), take care o...

Hello, just starting my tax return for the year.  I realize I may need to go the route of a CPA, but I'm trying Turbo Tax first and looking for advice.   My question is this:  I'm a part-time real estate agent/investo...

So I have a very complex personal finance situation, one that's perhaps causing me more constraints than I'm fully aware of because of it's complexity and obligations. I feel totally ok with sharing some ballpark ...

Hi all! I'm a long time BP lurker and as one of my 2nd half of the year goals I told myself I would be more active on BP. Being an introvert I have to play to my strengths and BP is a way for me to connect to more lik...

Hi, I am just curious about your options. When underwriting a deal, what percentage of Cash on cash return do you think is a good deal? 5-10%, 10-15%, 15-20%, more than 20%.Thanks.