I don't want to spend unnecessary money on upgrades in rental properties so what is the standard upgrades in rental properties?
Hey Guys,
I recently bought a new rental property and am in the process of rehabbing it to rent it. Generally, I buy the lowest cost of whatever-it-is that I am replacing so long as it is durable. However, As I go th...
This has happened twice now in a span of less than 6 months. The property is a duplex with a tenant living in the upstairs unit and the downstairs unit is presently vacant. The upstairs tenant overflowed the tub (ag...
Cost to buy anything is Colorado is so high now that by the time you add rehab expenses and then have rent taper off on the other end BRRRR starts to no longer make financial sense. Maybe I’m just inexperienced or no...
There’s nothing more critical to investing than finding money/funding, etc., and I know that I, and many other BP members would like to learn from those with different experiences. As a developer, there’s always...
Hello everyone,I’ve been lurking the forums for some time and using the search bar to find this but to no avail.
It’s a house hacking tax question.
Anyway, a bit of background on my particular scenario: I bought my ...
Dealing with tenant complaints is my least favorite part of the property management gig, and this one is stumping me. Also, what vendor do I call to handle the noise complaints?!?In a quiet fourplex building, upstairs...
Well its been a rough year as a landlord for me so far. Even worse than the year Hurricane Ike caused its damage. To date since January first of this year I have spent an average of $1475 a month for repairs and vac...
Greetings, I come from Southern California where section 8 housing is in high demand. However, I plan on moving to a cheaper area of the country where $30,000 houses in working-class areas can be found.I'm not sure if...
We've owned a 3 family rental for 10 years. It nets about $15k per year. We owe $113k and it's currently worth $350k-$370k. My wife and I are struggling with deciding to keep it or sell it. I'm a Realtor so the cost o...