Hello-I rented out an old single family house that was recently remodeled in Wisconsin this spring on 1 year lease.  Tenant noticed some water leaking into the unfinished basement (which I was unaware of)  so rather t...

I think most of BP would disagree with Ramsey's advice about real estate and debt, but there is one bullet here that states "Real estate should only be about 5% of your portfolio." I understand (but don't agree with) ...

Hello BP Community,
I have always had a long debate what is the best strategy when it comes to salting multifamily properties/small apartment buildings. The more units under one roof, the more efficient the cost of s...

Hey Guys and Gals

My husband and I have been in the rental business for about a year and a half. Within that time have purchased 10 homes to which several were purchased on a commercial loan. My husband works, make...

Hi guys!Looking to learn more about the Philadelphia market. Looking to find neighborhoods that are safe and provide positive cash flow for rentals. Can someone point me in the right direction?

I just replaced a refrigerator in my rental last year.  The cost of the fridge was more than the $2500 ( $2499 + tax + shipping).  Assuming that it is the only expense I have for my rental, can I expense the cost of t...

Hello,
My name is Homer Wanamaker with Bay Hill Environmental. As you may already know, the state of New Jersey is implementing a new Lead-Based Paint Law in Rental Dwellings (link below) starting July of 2022.
I ...

I am looking at buying a mobile home here in the area and owner financing it to someone else...

As I think about it, I have a difficult time conceptualizing the paper trails. I know I need a Promissory Note, a Truth ...