Hi All, We plan to present the binder method to our inherited duplex tenants. Each unit currently pays the same amount ($1350). Question is if we have a conversation with each tenant about what they feel is a fair ren...

I have a house that has some active knob and tube wiring still in the house. I have been gathering quotes to update all of the wiring and update the panel but the quotes are coming out a lot higher than I was expectin...

BP San Diego,Is anyone familiar with the Imperial Beach Market? My wife and I are looking at purchasing a SFH in the IB area to live in for 3-5 years before renting it out. We currently own a MFH in Logan Heights so I...

When I am doing my calculations to see how a property may cash flow why do we only calculate the property management fee at 7-10% when in reality most property management companies charge a leasing fee of 75-100% of f...

I'm considering making an offer on a 12 unit (would be my first RE purchase)with the following characteristics:

Asking price: $585,000
GOI: 95,940
NOI: 50,910
12 2bd 1ba units with rents ranging from 425-595, two of ...

Yes, I know.  Being lied to is nothing new but here's the story:Last Friday, they we complaining that their stove wasn't working (eventually we found out their complaint was that one of the 4 coils/burners got "too" h...

Many have argued/claimed here on BP that cash flow on residential properties is of vital importance and investors can not put food on the table with appreciation. I disagree. Once you have built a business with many r...

Trying to save up as much as possible for my first buy and hold property. Any tips to get the best ROI to raise money for a down payment?

So we seem to be running into the same road block. We have a house that we bought cash and own outright. We wanted to do a cash out refi, but every bank keeps saying no due to the fact that we don't have any other i...