I have an up/down rental where the upstairs tenant is responsible for the electric bill.    Over the past two months, the electric usage has been high and they have been arbitrarily deducting from the rent payment wha...

Here in So Cal we're seeing quite a few potentials deals that will work IF we can add an additional room(s) and/or bathroom(s). With the decreased inventory we're trying to stay busy but don't have expe...

Just finalized the sale of a 3 bed, 1 bath flip in Ann Arbor, MI with my wife. House was a hair under 1000 sq ft. It was the least profitable deal we've done by a decent margin but it was probably my favorite because ...

Hello,First time investor here. Received an inspection report on a triplex. Really thought it was a turnkey investment with inherited tenants. Using an FHA loan and will be living in one of the units for the first yea...

Looking at a condo in a high-income historic neighborhood, near a major university. Neighborhood has appreciated at a 5% rate in the past 10 years and has tapered off to 3.5%. Unit is in need of some work and I have ...

Hi guys, just wanted to share my flipping experience.Two of my brothers, myself, and our RE agent got together to do our first flip. We discussed our plans and strategies many times and went through number of houses o...

Let's say you have acquired a rental property and are almost done with renovations. You have a PM for your other rental properties. Do you slide the newly acquired and renovated property to your PM for them to place t...

Palos Hills ILPurchase Price: $177,351Renovations: $53,000Sales Price: $315,000 (305,500 net to seller).PROFIT: OVER $60,000!

I know I never do. Looking through listings recently I've noticed that a lot of them don't have dressers, and if they do you can tell it's mostly decorative because they don't look very useful (short/shallow drawers, ...

Greetings my fellow BPers.Inspired by all the cool diaries here, I'm gonna try starting my own.  This flip actually started a while back in late 2013, but I just joined BP.  So I have to do some of the catch up.- Firs...