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I am rehabbing one apartment in a 1937 triplex in Los Angeles I just bought. Looks like the electricial wiring is original two cloth-insulated wires, although the kitchen and bathroom have three-prong GFI outlets. The...
We are landlord newbies listing our very first rental property this week. We are in a time-crunch to get our current residence, a single-family home, under a lease agreement as a contingency to purchase our next resi...
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Hi All,My tenants are currently paying rent with a check but have asked if they can pay electronically. What are the best options for this? and are there fees associated with receiving rent this way?thanks,Leah
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I cleared out most of the stuff out of the kitchen and bathroom for a better picture. I'll live in the house while I go to college then rent it out later. Basically DIY project as a I go. Insurance will cover mostly n...
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So I began the process for searching for deals here Philadelphia. I have put offers in and one came close but ultimately fell through. I am searching for MFH to hoId and SFH to flip. I will continue the process until ...
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Thought I'd share a lesson that was reinforced for me today that ended up saving me from doing a bad deal and losing a bunch of money.tl/dr: make sure that you're getting your own estimate from YOUR general contractor...
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Hi BP, need a spot of advice for a bathroom reno in a duplex. Quick stats on the unit - 1920's structure, 1/1, approx 900 sf, projected rent $1650. The current bathroom layout isn't up to code so we're going to have t...
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Hi
I am obsessed with finding the answer to the question "what is the best and cheapest way to heat..." - I live in Maine, which lends completely different answers to heating questions than just about anywhere else in...
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I had an open house last week after I did a $100 price reduction on my rent. I had 7 people show up. Three that I really liked and 6 took applications. I pre-screened one applicant already.
Out of the three I liked...
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Hi, I am looking for thoughts on structuring a partnership on a short term rehab with my brother. Until now I have been doing rehabs by myself but I am looking to grow and realize the benefits of partnerships. The ...