Hello BP Community: I have a question about a 12-plex apartment complex that I’m interested in - The sellers are an older couple who are looking to get out of the rental business after 40 years. In total there are 12 ...

I took a note from Sean Terry's ebook that a rule of thumb for estimating repairs is the equation: sq.ft of home x $10 = general rehab cost

Has anyone ever made an offer to buy using this formula? and then ma...

Hi BP community - I'm closing on a house in Pittsburgh, and I'm thinking about doing Airbnb. Any recommendations on good STR management company/contacts?
Thanks a lot for any leads!
Vicky Li

Hi everyone, I'm from California and fairly new to the Chicago market. But I saw some incredible deals there (comparing to the Bay Area), for example, a 4 plex getting $2400+/month would ask for only 55k. I do know it...

My tenant just texted me that she recently purchased a router for her internet. When she plugged it in, she discovered that the phone jack doesn't work. I didn't think to have the phone jacks tested when I bought ...

Throughout my life (grade school, college, business), I've always been a big advocate of taking notes and organizing different sources of information into one place, making it all easier to digest. I like to have refe...

Hello BP!It looks like the 'cool thing' to do here is to introduce ourselves to the community, so I'll take a second and do that. I'm a central Pennsylvanian, near State College (home of Penn State). I am looking to g...

Just bought a new rental but the previous owner smoked a pack a day.  The whole place smells like cigarette smoke.  Painted the whole place but didn't even change the smell.  The carpeting is only about one year old a...

Hellow fellow BP's I have a question about numbers. I need to know how to guage whether an acquisition is worth the purchase or not. I want to get used to scrolling through the MLS and do then numbers in my head based...

I haven't made an offer yet, but the house has a gas water heater and dryer (don't know about the range). Is it expensive to convert these to electric? (not in terms of getting new appliances, but in terms of adding n...