Hello everyone I am the landlord of a house built in 2016 which I currently rent out while I’m stationed overseas. I hired a property manager to watch over the house and work on my behalf. Within the last 6 months I h...

Hello BP,
I am looking for some advice. I am writing this as I sit on the airplane flying to FL to close on a duplex today. I have a rate lock with my lender that did not include points or origination fees. We are cl...

 Hey BP - I am vetting a few PM companies and one company sent me their schedule for maintenance which is on top of the 10%/month management fee. The rates are pasted below. Is $40/hr for unskilled light labor reasona...

Great afternoon BP fam🫡.1, When self managing, do you pay yourself a fee? 2, if you do pay yourself a fee, is it considered an expense (tax purposes)? 3, if you do pay yourself, do you have to set up an entity to legi...

I need to borrow $50,000 from my brother for about 2 weeks. Do I need to report it ?  Or can he give me 3 deposits 

anyone use?

So I just did my first talk with a seller and I was so lost! What do I say when asked what company I work for? (I don’t have a company) Do I lie about how many years I’ve been doing this or do I just say I’m new? When...

Hello BPersBackground:I have a new-ish tenant (~6 months into the lease).  Have been low maintenance, very courtesy family that seem overall very good people.  During the evaluation process, this family didnt quite fi...

Long story short, I have been selling assets and plan to move back into the lending side of the business... 
We had a small portfolio of Hard Money Loans over the years that have since been paid off so not new to the...

After my tenant moved out after his year lease on my 4/2, 2000 sqft, 100K property in Indy, here are the make-ready estimates I got from the PM for the larger items along with a few other minor issues:Paint assorted w...