So I currently do not allow pets in my rental, but one of my tenants asked me about a fish and was just curious about how landlords felt about it. I feel like it can be costly on utilities but the tenants are responsi...
Hello BP Community!I recently purchased my first BRRRR property at a Sheriff's sale! Directly after purchasing I drove to the property and notified the former owner of the sale (being sensitive to their personal situa...
Hi all,I am currently under contract on a 4 bed 3 bath SFH in the Littleton area (Bowles and Wadsworth to be exact). There are 2 beds/2 baths/1 living room upstairs, and 2 beds/2 bath/1 living room down stairs in the ...
Hi everyone, I am a flipper in a small town in central Indiana. I own 15 or so rentals and am fortunate to own a house on the main highway coming into town from both sides. I am currently flipping 3 to 4 houses per...
I've been teaching people different techniques of flipping houses and I was curious to see what challenges most new and experienced investors face these days when rehabbing and flipping properties. I want to be able t...
Greetings to anyone reading this.I’ve got a recent situation with a tenant regarding a leaking toilet bowl. And wondering how to handle it as a novice landlord. I got a call from the city water department regarding hi...
Hi BP, Can you share with me what your mobile home cap rate is? The one i'm looking at is a space rent only and does not own any of the homes. There is also a 1,400 SQ ft stick built home on the property. What is...
If a rental applicant falls a little short of our qualification standard of 3x income or favorable credit, we sometimes offer an option for the tenant to pay a double security deposit or pay 2 or 3 month's rent in adv...
Not sure how many of you have seen this, or comply but Minneapolis appears to have an outside firm monitoring compliance for short term rentals: http://www.startribune.com/minneapolis-mails-731-l...
I have a 4 unit deal that I am currently analyzing. From what the seller has told me and provided me with, it seems to be a good deal. I've used the BP calculator but it doesn't pencil out all of the units the way I w...