Hello all!So, I've been in this landlord game quite some time now, and my second largest business expense is mildew abatement.Let me explain.Most of my properties are in Monterey County, where we get a lot of humidity...
Rent price increase question. I currently own a duplex with both sides rented. The A-side is renting for 1050 a month and the B side for 1350. The first tenant was there when I lived in the property in 2019. I kept th...
Why do our renovation expenses seem to be so much more expensive than investors I hear on BP podcasts or at conferences, etc.? I hear investors repeatedly quoting renovation expenses of value-add apartment renovation...
I have done tax prep for 7 years and the rentals are always a low value, high input tax return. The client thinks bringing in a wad of receipts is legit and you're stuck categorizing everything in excel while thinking...
Hey guys, quick question for a buy and hold.If you had $100,000 cash, after buying properties, how much would you expect to produce with that per year? For example, 25% cash on cash return? I'd imagine that the more ...
@Gail White wrote in an earlier post:I have made an offer on a house where there has been a very heavy smoker living for a number of years. The originally white popcorn ceiling is now yellow over the entire surface. T...
Economic Update
(Monday, June 28, 2021)
Should Investors Wait Out this Crazy Housing Market? I know. I know. I feel your pain. You’re an investor. Investors buy and sell properties. You’re chomping at the bit ...
I would appreciate some input on an old 60s bathroom. It is a rental apartment and I am reworking some plumbing behind the walls.This is a picture of the bathroom. As you can see ugly teal 4" ceramic wall tiles, whi...
Hi BP,I'm looking to get a little advice on a "potential" issue that I am encountering during my flip. I have a SFH in north miami that I am currently flipping with my partner and we have been encountering a little bi...
We are closing in a few days on a bi-level duplex. [It is currently empty] Both units have a space for a small stackable washer/dryer BUT there are no dryer ducts/exhausts/vent AND in the upstairs unit the plug would ...