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How do you folks handle nail/screw holes in walls. Filling them in not an issue but I'm seeing some renters are using anchors. Additionally, trying to spot paint even a white wall with white paint doesn't work, let al...
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Hello BP community!We recently purchased a 4-plex with a driveway that is big enough to park 4 cars but only two units have a parking space (otherwise, they'd all be blocking each other in). The parking spots were al...
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Hey guys, My wife and I are under contract on a condo in Kihei that is vacation rental approved. It took a lot of research and contemplation before I was able to convince myself that paying a 30-40% premium for a cond...
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How are tenant property improvements handled???
Example.
Tenant installed laminate flooring.
Tenant installed new exterior door.
Tenant installed fence on the property.
Floor to ceiling mirrors glued to drywall...
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I have a question regarding a 1031 exchange. I just purchased my first flip and should make a nice return on it. My question is, with a 1031 exchange do I have to find a brand new property or can I use the proceeds...
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Hello Everyone,
I own a short-term rental (STR) in East Downtown Houston and currently live in Austin, TX. I started operating the property in mid-2023. Initially, the business was cash-flow positive for the first th...
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I spent a lot of time fixing up a rental, did all the work myself (with a friend), I considered the paint-job a work of art, apparently the tenant didn't think so, he not only primed the walls but also the trim now I'...
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What is one thing you've added to your lease that may not be in the standard lease that has prevented a problem you had from happening again? Not looking for the specific wording unless you'd like to share, but the "...
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I have been a BP student for a couple of years now. I have worked OT, sold my stuff on EBay, worked extra for a landscaper. I now have 15k saved up for investment. STOP!!! She wants to fix up the house we live in, m...