Hello BP, I'm curious if you could provide some insight into the 50% rule. More specifically, does this rule of thumb include property management fees or would those be additional?

Thanks in advance!

Hi BP, I've got a house in West Philadelphia that I plan on adding a bathroom and finishing the basement for. The basement already has huge ceilings and won't need to be excavated or underpinned. What I'm curious abou...

I just accepted a my first tenant!I am moving out of state and renting my single family house.  I am managing it myself and have a handyman in town.The lease terms do not include lawn maintenance or snow removal, howe...

Who do you all use for lawn care

I have a 1 bedroom, 1 bath condo coming up for rent and have a 19 year old female who is relocating for college that is interested in my property. She has no rental history due to living at home with her parents. How ...

I am in the process of buying a new-construction home. We had a home inspector look at it today. Many of the problems are minor -- typical of a home just built -- but there are a few that seem important and hard to so...

I am beginning a project to add a second home to my lot, and I wanted to do a modular to decrease construction time, as well as conserve costs.  I started the process with CuttingEdge homes, but I'm a little concerned...

Investment Info:

Small multi-family (2-4 units) buy & hold investment in Youngstown.

Purchase price: $67,500

Cash invested: $21,000

Sale price: $67,500

Purchased this Duplex for $67,500 using...

I have a tenant that lives in one of my units that did some lawn care work for me, which went fine. He ran into some financial trouble recently, and now is saying since the property rental cert wasn't updated (in my m...

How do you folks go about categorizing income and expenses on your rentals?

Do you have categories and sub-categories?
Do you track plumbing, electrical, etc - or just "repairs?"
Is there a difference between "repair...