Hi everyone.I purchased a home and did a BRRR on it and the appraisal came back higher than I expected. Which is a great thing and I hate to complain about it. But because the interest rates are so high if I pull out ...

I'd like feedback on a BRRRR scenario from folks who are in the know about taxes related to capital gains.  Let's say you buy a property for cash in an LLC, taxed as a partnership (you have a 50/50 partner).  It is bo...

Hi All,
Am new to the forum and wished for some advice on whether it is worth keeping a problematic tenant.
We recently bought a three flat in the Chicagoland area, our first. The tenants in the second floor and gar...

How does everyone on here handle the situation when their cleaner calls them and say the following....“Your guests trashed the place. No damage, but trash everywhere and just left in a disgusting mess. Took us twice a...

My Tenant reported visible mold gray color on curtains and wood furniture in house. Florida house circa 1970, plaster walls 735 square feet 2/2 in good condition. A/C air handler in attic, no visible roof leaks or any...

I’ve stayed a couple places and upon leaving the owner mentioned to contact them directly (vs booking through VRBO or ABNB) if we wanted to come back. Wondering how you deal with return guests and why you would do thi...

When doing "finish caulking" (baseboard, crown molding, door trim, ect.) the last thing you want is to be wiping away loads of excess caulking. To avoid this I like to use a small tube of caulk that requires no caulki...

I have a few questions about the BRRRR strategy.
Ex. Bob buys his home for 300k, down payment of 60k, and loan for 240k. He rehabs his place for 20k. The total investment is 80k (down payment + rehab). Bob refinance...

I was going to put a coin operated washer and dryer in my tenants unit. I pay the water and trash and tenant pays gas and electric. I was wonder if there was a potential problem with using their gas and electricity ...

I'm curious how other landlords handle this.  After a move out walk through is completed with or without the tenant, how do you: 1) Evaluate what to charge them for?  How about if you do the work yourself?2) What not ...