My partner and I recently purchased a 1300 sq ft home in Detroit's Bagley neighborhood. It was built in 1929 and needs a complete rehab. The system is a boiler and all the radiators are missing. We had the heating sys...

Nearly one year after we started pursuing real estate investment, my wife and I have purchased, rehabbed and successfully rented our first buy and hold property.Purchase price: 105KDown payment: 15,750Closing costs: 1...

I'm just starting this thread to give newbies some perspective on the necessity for CapEx reserves. My tenants of 3 years just moved out and they were pretty "dug in" so to speak. This property was my very first renta...

Hello BP family
Recently bought a quadplex. And one of the units I went into has an issue on the second floor where one of the room hardwood floor is wavy and I can feel like a speed bump in one spot in the room, is ...

I have been presented a four plex on the market listed for 70k. The problem is that it was ruined with flood damage. According to the realtor the damaged areas were removed, dried out, and mold inhibitor was sprayed t...

Greetings All ~ Thank you in advance for any support with this.  I've been looking for a 3-4 unit multi-family to purchase with an FHA loan (or FHA203 if needed).  While searching, I found a 5-unit property that is of...

I am remodeling a home that has been completely gutted. I have been planning to buy a 72 inch wide double vanity and have budgeted about $1,500 for it. Today is the first day I actually measured my space and I'm just ...

I rented my duplex out to some druggies (no, i didn't do a background check and yes, i will DEFINITELY do that from here on out), and they left the stench of meth and cigarettes in the place. I've painted and it just ...

This may be a question for people specifically in Washington. One of our tenants was on a 2 year lease option with us but decided to back out before the 2 years was up. The tenant is claiming since he installed 2 new ...

Tenant just notified us that the door in the bathroom is coming off the hinge on the second on third hinges.  The 1st one apparently is already off.  We have in our lease, tenant must maintain all appliances, equipmen...