In August of 2015 I bought my first investment property and I have had two roomates living me and paying me rent.  I am about to buy my second property and I have three tenants lined up.  For the first property though...

A house was sitting on the market during this past long cold winter in the Midwest with no heat and utilities. I was told by the realtor that all the pipes broke as a result. Never lived in a place that snows in my wh...

Hi everyone i am thinking about purchasing a fire damage signal family property. was wondering if i could give me some advice, things to look out for , insurance, contractors and any thing you can think of that woul...

Tenant left the hose connected to the spigot over the winter (live in Midwest where freezing temps occur during Winter).  As a result, the pipe was not able to drain properly and once below freezing temperatures came,...

Hi BP, It started out with one small leak which i went on the roof and started salting the gutters and cutting troughs in the ice. A week or so later i have 5 major leaks in separate areas of my house. Any tips on f...

Hello all,I owned a 3 story condo and leased it out this August. Last week, my tenants report a leaking 2nd floor ceiling. the plumber pulled out a pile of wipes and female hygiene products from the main sewer pipe an...

I'm considering buying a fire-damaged home and fixing it for a Buy and Hold property. 3-bed room 1 bath.What are your thoughts on the below? What am I'm overlooking?  What can I expect in terms of the fix? The exterio...

Hi BP community, My tenant, who lives in a two-story, newer construction SFH complained of a water leakage in the bottom floor kitchen ceiling (through the LED lights). Upon tenant's brief inspection, he thinks that w...

Hi everyone,Advice on these damages.1. The floor is really dirty. Is this considered wear and tear? The tenants claimed it was this color when they moved in. I know it was not but don't know if I can charge this and h...

So here is the situation. The property was water damaged and insurance company fixed everything. The property was listed with an auction broker that would go to auction in mid Jan. However I made an offer and the sell...