I am wondering how I can account for cash expenses. I have a rental property that I did not have time to paint so I paid a friend cash to paint the rooms over the coarse of a few days. I am wondering how can I track t...
BP!I would have never been able to do it without the BP community! I will be closing on my 151st unit in less than 24 months. If you told me I would have more than a 100 units when I first started looking into real ...
I see post after post and hear podcast after podcast about investors having trouble finding and keeping good contractors. Did you ever stop to wonder why?
Well... It's because contractors don't work for you any more ...
We just finished a kitchen renovation around Newport RI and we aren’t happy with the quality of work provided. First, the contractor ran way over timeline. I didn’t have a penalty for that because I thought a simple k...
My tenant wants to put ceiling fans in the unit he is renting from me. He said, he would buy the fans and his brother, who is an electrician, would do the wiring and install the fans for free. There is no ceiling lig...
Had dinner one night last week with another guy who has had rentals for about 15 years and naturally the topic turned to deadbeats and why it's not their fault that they don't have the rent. The following is a compila...
I have just purchased my second investment property and fortunately had a slew of applicants. I had no issue sending correspondence to those who did not put applications in however I am having writers block when cons...
Fellow landlords, are the following something you would considered "normal wear and tear" or no?
Window blinds - these blinds were brand new before the tenant moved in 16 months ago. I am not sure what happe...
I'm curious what you use to choose your vacation rental site for each property. I have a few assumptions about what you are using to make the decision (such as airbnb is probably better in cities due to a younger targ...
I’m looking to buy a rental property in the Poconos area. I am researching the areas but I can’t find any information on which towns allow short term rentals. Does anybody have a list or know of a website? Thanks.