Do you provide pest control or do you pass the expense along to your tenant? I've paid a few times to get rid of ants and it seems like there will need to be some ongoing treatments. What's your recommendation??

Hi BP, I’ve gotten several calls from clients on this topic over the past few months and thought I’d touch on it here. Here’s a Thursday tidbit for the community. When it comes to termites and investment properties, d...

I won my first REI property at auction, and will close in a few weeks. The property is in my hometown in Oregon and I live in Southern Ca. The Property needs some extensive work done including foundation and roof. I u...

Hello! I just got a call from a new tenant this morning. She moved in two months ago and the apartment was clean. She told me today that she’s dropped $100 trying to get rid of roaches, bedbugs, and springtails (which...

Hi BP. I am having a bit of a conflict, hope someone can help me. My previous basement tenants were vendors that sold food out on thw street. They would make the food in the basement and sell in the morning. The tenan...

Good evening - I live in an older ranch style home in the Memorial Villages area of Houston, Texas.  Home / property values in this area are ridiculous.  The lot behind me just sold for 1.4mm (25k sq ft).  Four more h...

My wife and I have been talking about flipping for almost 8 years.  Well, we finally picked up a great little house in Debary, FL.  We're working with an agent that not only flips properties himself, but is also part ...

Hello, I would really appreciate the advise of an experienced investor.I currently have about $144,000 In Equity in my current home.I'm thinking of refinancing to get access to the equity/cash as I purchased the home ...

I just recalled that when in NYC i needed(?) to use an attorney to close on my long-term multifam flip (usually at 2 yrs owned/lived in) and usually the first words out of lawyers mouth was 'why don't u do a 1031 even...

If I buy and sell houses(flip) as a full time job, do I pay capital gains taxes? I read somewhere if it can be proven as a full time commitment and its the only source of income I make, the capital gains taxes are inc...