Has anyone been successful at finishing a basement and turning it into a legal or illegal apartment to rent out as extra income?
Would you hire a Property Management company that charge a fee for vacant units. Is this common practice or should this be negotiated?
I wanted to put this out there to my fellow landlords that we should check on our tenants right now. The school closings could be devastating to some especially single parents with young children. I say this as someon...
I just found out the AC unit needs to be replaced. The unit is 30 years old prior to the tenant being evicted it seem to work good. I got a quote from the ONE HOUR ac contractor and he said it'll cost 6k-8k to replace...
Hi all, I had some tenants move in last month to a 3/2 SFR (I just closed on the property a month prior) and I really like them a lot. Good people. Anyways, the first day in, we realized the hot water heater needed re...
Hi BP,I need your advice on whether I should get rid of my problematic out of state SFR rental property or take a loan to gut it.It’s a 120-year old 4br 1ba SFR in a not-so-good part of Allentown, PA - very typical to...
Hey BP, I have a 3 unit property in Logan Square, Chicago. I have a PM management company that takes care of it, and in the past 5 years, didn't pay much attention to the numbers. As I started scrutinizing the numbers...
A house in (random B class neighborhood) the midwest/south costs 100k and rents for 1200.00 a monthA house in (random B class neighborhood) NYC costs 800k and rents for 2500-4000 a month.Why on earth would anyone wan...
My contractor's crew began tiling the bath/shower surround today. It was such a mess I pulled it all off before the mortar could dry resolving to at least get it properly started myself. In researching tiling, I learn...
The duplex I’m house hacking has an uninsulated attic. It would cost me about $800 to do it myself. And the attic studs are non-standard distances apart, so I’m not even sure I could do it properly myself. I’m going t...