I recently took a $300k HELOC on my primary residence with the intent to purchase an out-of-state rental property (mid-west or south).  The plan is to purchase a value-add property under market with all cash (i.e., th...

This company has recently partnered with the city of Philadelphia. I assume they are in other markets as well. For just under $100 per year they will insure your water service and sewer lines. These can cost $4k and $...

Hi BPI'm finishing up my first year as a vacation short term rental owner. I have a couple of tax questions that I want to familiarize myself with before I send everything to my CPA.I rent my property through VRBO/Hom...

I will most likely move in with my fiance in a year or so & rent my condo out. With mortgage rates very low, I'm thinking of refinancing my condo in anticipation of this move.Currently my mortgage principal & ...

Hello BP World, I currently have 6 rental properties that are all in my personal name. Over the years I have had 3 different claims at separate properties some that I no longer own. My problem is insurance companies a...

So I closed on my first rehab 3 days ago. YAY! But now someone has stolen my AC unit haha. We have insurance and our deductible is $1k. I heard Acs can cost $3k-$5k? is that accurate? I'm in Atlanta, GA.

Also, my p...

Thanks for reading, and I would appreciate your opinion on the following:I have been reading and trying to make the best out of my understanding of multi-family units, but every time I come accross something I like an...

I made the “nice guy” land lording mistake with a tenant.She now owes me about $3,000….I know, I’m an idiot.She moved out without me having to evict her.Can anyone offer any tips on Small claims court?Should I hire an...

Hello BP!I’m in the process of closing on a 2 flat + living space in a C-/D part of Chicago that is on the outskirts of a very up and coming neighborhood.- Was on the market for $120k 3 months ago- Dropped to $100k 1....

I've come across a property problem I'm hoping to help solve. Here's the rundown:Grandmother owns house (free and clear), her daughter lives in house as well with four children.Grandmother passes away, leaving behind ...