Nik Krohn
Purchasing Only D Property Strategy - Do you recommend?
I want to specifically start a discussion on the topic of investing ONLY in D neighborhood quality properties.I have spent a LOT of time here on BP the last 10 days and my horizon has been opened to a lot more possibi...
Wesley W.
How to charge for water-damaged Pergo laminate flooring
Hey BP!
Here's one for you. Tenants moved out and there is water damage to several planks of the Pergo laminate floor that was newly installed just before they moved in 3 years ago. The seams between the planks hav...
Russell Brazil
What Is Your Highest Rent On A Single Unit?
I am just curious what everyones highest rent on a single unit is. (Not on an entire apartment building)My highest rent is $2,800.
Rohan J.
What is the typical 50/50 deal of a silent partner?
Okay, here's the situation:I have a partner who wants to invest, but basically is relying on me to find the good deal. I see a lot of these 50/50 deals where there is someone who has the money, and someone who has the...
Johnathan Butler
PLEASE Critique My Thought Process on a Potential Deal
Hello BP Nation,I’m looking at purchasing my first RE investment property in the west suburbs of Chicago within the next 90 days. In an effort to mitigate the amount of catastrophic mistakes that I’ll make as a newbie...
John Carbone
Smoky Mountain STR Punchbowl Confiscated
The topic of “I can’t get the numbers to work” seems to be an almost daily discussion on here. Some will argue if you manage better, then the sky is the limit. Management absolutely matters, but you would be delusiona...
Melanie Johnston
Great Article on Opportunity Zones in Phoenix / Arizona
Opportunity zones in Phoenix are a hot topic. This article explains what they are and explores both the good and bad of Opportunity Zones here. Thought it might be useful for current and future investors in Phoenix, S...
Trent Mettenbrink
My accountant says I need a separate LLC for every rental property...
We are new investors and are looking to set things up the right way. Our plan is the buy one or two properties a year. After talking to our accountant he recommended that each property by under its own LLC to protec...
Trent Honea
Cabinet fell on tenant, now want me to pay for doctor - help!
Tenant called last night. Kitchen wall cabinet fell when wife was opening it. I went over there, and two, two-door cabinets were in the floor with a pile of broken stoneware, ceramic mugs, and glasses. Tenant (the ...
Roman Randall
Should I be physically visiting my LTR properties once a year?
I own two long-term rentals (single family homes) in Colorado. I haven't physically been inside either property for years; I've only driven by each house 1-2 a year. Each of the tenants are great, they always pay on t...